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The taxes imposed by the Code include a graduated income tax on all income earned by natural and juridical persons within the Philippines, a capital gains tax, excise tax on certain products, a Donor's Tax, an estate tax, and a value-added tax on the sale of most goods and services in the Philippines. Real property taxes are considered as local ...
After BCDA remits the money to the Bureau of Treasury, the utilization and distribution of the remittances become the responsibilities of the Department of Budget and Management in accordance with the approved fiscal program of the government and shall release the share of the beneficiary agencies pursuant to the budget execution guidelines.
In 2003, 15 years into the program, studies funded by the United Nations Development Programme, Asian Development Bank, Food and Agriculture Organization, European Union, and the Philippine Government had shown that poverty incidence among program beneficiaries declined from 47.6 to 45.2 percent, while increasing among their non-participating ...
The Civil Code of the Philippines is the product of the codification of private law in the Philippines. It is the general law that governs family and property relations in the Philippines. It was enacted in 1950, and remains in force to date with some significant amendments .
About 610,054 agrarian reform beneficiaries (ARBs) tilling 1,173,101.575 hectares (2,898,797.12 acres) of land are seen to benefit from this law. [ 3 ] [ 4 ] The Philippine government will pay the remaining balance of the direct compensation due the landowners under the Voluntary Land Transfer (VLT) or the Direct Payment Scheme (DPS) amounting ...
Section 284 of the Local Government Code of the Philippines (RA 7160) sets up the formula for the distribution of the allotment. All or nearly all of the revenue that a local government has to spend comes from their IRA, though some local governments also have additional local sources of revenue such as property taxes and government fees ...
The Philippines' Department of Social Welfare and Development (abbreviated as DSWD) is the executive department of the Philippine Government responsible for the protection of the social welfare of rights of Filipinos and to promote social development.
The Land Registration Authority (LRA; Filipino: Pangasiwaan sa Patalaan ng Lupain) is an agency of the Philippine government attached to the Department of Justice responsible for issuing decrees of registration and certificates of title and register documents, patents and other land transaction for the benefit of landowners, agrarian reform-beneficiaries and the registering public in general ...