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2. Taxation in the Philippines - Wikipedia

   en.wikipedia.org/wiki/Taxation_in_the_Philippines

   Capital gains from the sale of shares of stock not traded in stock exchange are taxed at the rate of 15%. [3] Capital gains from the sale of real property are taxed at the rate of 6%, except when such proceeds would be used to construct a new principal residence within eighteen months after the sale of a previous principal residence had ...

3. Capital gains tax - Wikipedia

   en.wikipedia.org/wiki/Capital_gains_tax

   Individuals paid capital gains tax at their highest marginal rate of income tax (0%, 10%, 20% or 40% in the tax year 2007/8) but from 6 April 1998 were able to claim a taper relief which reduced the amount of a gain that is subject to capital gains tax (thus reducing the effective rate of tax) depending on whether the asset is a "business asset ...

4. Income tax - Wikipedia

   en.wikipedia.org/wiki/Income_tax

   The tax rate may increase as taxable income increases (referred to as graduated or progressive tax rates). The tax imposed on companies is usually known as corporate tax and is commonly levied at a flat rate. Individual income is often taxed at progressive rates where the tax rate applied to each additional unit of income increases (e.g., the ...

5. Tax Reform for Acceleration and Inclusion Law - Wikipedia

   en.wikipedia.org/wiki/Tax_Reform_for...

   Secondly, the final tax on foreign currency deposit unit (FCDU) was increased from 7.5% to 15% of interest income. Thirdly, capital gains tax of non-traded stock was increased from 5% to 10% of final net gains. Finally, the stock transaction tax was increased from 0.5% to 0.6% of total transaction value. [26]

6. Tax compliance software - Wikipedia

   en.wikipedia.org/wiki/Tax_compliance_software

   A direct tax is one paid directly to the government by the persons (juristic or natural) on whom it is imposed (often accompanied by a tax return filed by the taxpayer). Examples include income tax, corporate tax, and transfer tax such as estate tax and gift tax. Basic software for income tax in the form of a tax calculator, and are now widely ...

7. Bureau of Internal Revenue - Wikipedia

   en.wikipedia.org/wiki/Bureau_of_Internal_Revenue

   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.

8. Capital Gains Tax Rates: Here’s What You Need To Know for Tax ...

   www.aol.com/capital-gains-tax-rates-know...

   Ordinary Tax Rates for 2020 Taxable Income Filed in 2021. Filing Status. Income Bracket. Tax Rate. Single. $0 to $9,699. 10%. $9,700 to $39,474. 12%. $39,475 to $84,199

9. What Are the Capital Gains Tax Rates? How Can I Avoid ... - AOL

   www.aol.com/finance/avoid-capital-gains-tax...

   Depending on your income, you may even qualify for capital gains tax rates as low as 0%. 2. Take Advantage of Tax-Deferred Retirement Plans ... can also be withdrawn tax-free, helping you avoid ...