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Daily Archives: March 26, 2018

Donor’s Tax in the Philippines under TRAIN

Computing for Donor’s Tax is now simply 6% under TRAIN, but do you know everything there is to know when computing for this tax? The Bureau of Internal Revenue (BIR) has recently issued the implementing guidelines covering Donor’s Taxes in the Philippines, applicable starting 2018

New Estate Tax under TRAIN (with Sample BIR Computations)

Here’s everything you need to know about the new Estate Taxation in the Philippines under the approved TRAIN tax law. The Bureau of Internal Revenue (BIR) has released Revenue Regulations No. 12-2018, which contains the implementing guidelines related to the revised Estate Tax and Donor’s