The Bureau of Internal Revenue (BIR) has released the implementing guidelines related to the revised Excise Taxes to be charged on cars and automobiles starting 2018, as mandated in the TRAIN bill signed into law by Pres. Rodrigo Duterte. Here’s a copy of the entire
Here’s a copy of the Revenue Regulation released by the Bureau of Internal Revenue (BIR) this February 2018 dealing with updated tax rates on petroleum products, as mandated in the approved TRAIN Law. You may view below the full content of the BIR Revenue Regulation.
What are the applicable tax rules for mixed income earners under the approved Tax Reform for Acceleration and Inclusion or TRAIN? You can find the answer below. (UPDATE): The BIR’s Revenue Regulations RR 8-2018 contains the implementing guidelines on how to compute income taxes for Mixed
The Bureau of Internal Revenue (BIR) has released Revenue Regulation No. 8-2018 (RR 2018) which details the implementing guidelines governing the Income Tax provisions of the TRAIN tax reform bill recently signed into law by Pres. Rodrigo Duterte. Although RR 8-2018 was dated January 25, 2018,
BIR Revenue Regulations No. 3-2018 Issued on: January 5, 2018 Providing for the Revised Tax Rates on Tobacco Products Pursuant to the Provisions of Republic Act No. 10963, otherwise known as “Tax Reform for Acceleration and Inclusion (TRAIN) Law,” Amending for the Purpose Revenue Regulations
Year after year, April 15 is a date millions of Filipinos dread. It is because this date is the annual deadline to file income tax returns. If you’re able to make your own Income Tax Return (ITR) because you fully understand taxation laws, then good
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.
Got my Google Adsense earnings via Western Union last week and like what we reported here last month, they are now charging the Documentary Stamps Tax on all incoming remittances. The deduction was exactly 0.15% of my payment balance. It’s still not that much —