The Senate ways and means committee approved yesterday its version of the proposed Philippine Tax Reform Bill, also known as TRAIN or Tax Reform for Acceleration and Inclusion.
Are we required to pay tax on the cash dividend income received from our stock investments? About this post: tax on dividends philippines, dividend, dividends, how much tax in cash dividend in pse, dividend tax philippines
When buying and selling real estate properties in the Philippines, the final purchase price is not and should not only be the relevant amount. Other taxes and fees charged on the transaction must be considered by both the buyer and seller because these costs affect
Filipinos working abroad, also known as Overseas Filipino Workers (OFW), do not lose their basic rights as citizens of the Philippines despite working and being physically present in another country. About this post: rules and obligation in tax, ofw tax, is ofw remittances subject to
The country’s proposed tax reform package, initiated by the Department of Finance (DOF) under the administration of Pres. Rodrigo Duterte, is getting close to becoming a law. The House of Representatives passed the bill on third and final reading in May 2017 with 246 “Yes” votes,
They say that the two things certain in life are death and taxes, but there are several countries in the world where you won’t have to worry about personal income taxes. The list below identifies a few countries that do not impose income taxes among its
The cities of Makati, Tagaytay, and Pasig are the top three cities in the Philippines in terms of per capita income in 2009, while the cities of Bayawan (Negros Oriental), San Fernando (Pampanga), and San Jose Del Monte (Bulacan) are the bottom-dwellers. This is according to
Good news to all Overseas Filipino Workers (OFWs)! All OFWs are now exempted from paying documentary stamp taxes (DST) on remittances, travel tax, and airport fee as the new Migrant Workers Act or Republic Act 10022, recently lapsed into law without President Gloria Macapagal-Arroyo’s signature. About