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  2. Economy of the Philippines - Wikipedia

    en.wikipedia.org/wiki/Economy_of_the_Philippines

    This is an accepted version of this page This is the latest accepted revision, reviewed on 5 September 2024. Economy of the Philippines Metro Manila, the economic center of the Philippines Currency Philippine peso (sign: ₱; code: PHP) Fiscal year Calendar year Trade organizations ADB, AIIB, AFTA, APEC, ASEAN, EAS, G-24, RCEP, WTO and others Country group Developing/Emerging Lower-middle ...

  3. Bureau of Internal Revenue - Wikipedia

    en.wikipedia.org/wiki/Bureau_of_Internal_Revenue

    Website. www.bir.gov.ph. The Bureau of Internal Revenue[2] (Filipino: Kawanihan ng Rentas Internas, or BIR) is a revenue service for the Philippine government, which is responsible for collecting more than half of the total tax revenues of the government. It is an agency of the Department of Finance and it is led by a Commissioner.

  4. Taxation in the Philippines - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_Philippines

    Income tax for individuals. Citizens of the Philippines and resident aliens must pay taxes for all income they have derived from various sources, which include, but are not limited to: compensation income (e.g., salary and wages); income of self-employed individuals and/or professionals; capital gains; interests; rents;

  5. With online sales booming, states struggle to capture sales tax

    www.aol.com/article/finance/2017/05/22/with...

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  6. Davao City - Wikipedia

    en.wikipedia.org/wiki/Davao_City

    Poverty incidence of Davao City 5 10 15 20 2006 15.70 2009 13.24 2012 10.56 2015 9.20 2018 9.47 2021 5.10 Source: Philippine Statistics Authority The Peak, Gaisano Mall Davao is part of the East Asian Growth Area, a regional economic-cooperation initiative in Southeast Asia. According to the foundation, the city has a projected average annual growth of 2.53 percent over a 15-year period; Davao ...

  7. Will an Internet Sales Tax Kill Online Shopping? - AOL

    www.aol.com/news/2013-05-13-will-an-internet...

    Many online retailers have enjoyed the benefit of not having to collect state sales taxes. Compared to brick-and-mortar retailers, it's given them a price advantage to the tune of 5% to 10%.

  8. Taxation of digital goods - Wikipedia

    en.wikipedia.org/wiki/Taxation_of_digital_goods

    In the meantime, several countries led first by the European Union have begun to propose and implement digital services taxes (DSTs) which have a number of aims: [3] to raise tax revenues; to put pressure on other countries – in particular the United States – to reach an agreement; [9] and, arguably, [10] to create a level playing field until the OECD/G20 framework reaches an agreement or ...

  9. Sales taxes in the United States - Wikipedia

    en.wikipedia.org/wiki/Sales_taxes_in_the_United...

    Sales taxes are imposed only on taxable transfers of goods or services. The tax is computed as the tax rate times the taxable transaction value. Rates vary by state, and by locality within a state. [5] Not all types of transfers are taxable. The tax may be imposed on sales to consumers and to businesses.

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