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To strictly enforce the payment of taxes and to further discourage tax evasion, RA No. 233 or the Rewards Law was passed on June 19, 1959 whereby informers were rewarded the 25% equivalent of the revenue collected from the tax evader. In 1964, the Philippines was re-divided anew into 15 regions and 72 inspection districts.
Percentage tax is a business tax imposed on persons or entities/transactions: who sell or lease goods, properties or services in the course of trade or business and are exempt from value-added tax (VAT) under Section 109 (w) of the National Internal Revenue Code, as amended, whose gross annual sales and/or receipts do not exceed Php 3,000,000 ...
This list of newspapers currently being published in the Philippines includes broadsheets and tabloids published daily and distributed nationwide. Regional newspapers or those published in the regions are also included.
Journal of the American Taxation Association: 0198-9073: 1.227 American Taxation Association [44] John Phillips, University of Connecticut [44] Journal of Business Finance & Accounting: 0306-686X: 0.91 John Wiley & Sons [45] Peter F. Pope, London School of Economics Andrew Stark, Manchester Business School Martin Walker, Manchester Business ...
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These are the tax on lottery winnings and PCSO prizes, documentary stamp tax, and mining tax. With the implementation of the TRAIN Law, all PCSO lotto prizes are taxed at 20% if the prize exceeds ₱10,000. The documentary stamp tax has been doubled, resulting in stamp taxes ranging from ₱1.50 to ₱3.00.
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Bernardo Malvar Villegas (born March 12, 1939) is a Filipino economist and writer best known for being one of the framers of the 1987 Philippine Constitution, [1] [2] for authoring a number of widely used Philippine economics textbooks, [3] and for his role in the founding of two influential Philippine business organizations, the Center for Research and Communication [4] and the Makati ...