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
Filipinos working abroad, also known as Overseas Filipino Workers (OFW), never lose their basic rights as citizens of the Philippines despite being present physically in another country. OFWs retain the right to vote, the right to be protected by the State, and the right to
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
When buying and selling real estate properties in the Philippines, the final purchase price is not the only relevant amount. Other taxes and fees charged on the transaction must be considered by both the buyer and seller because these costs affect the total transaction price.
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