Pursuant to the enactment of Republic Act 12066, otherwise known as the Create More (Maximize Opportunities for Reinvigorating the Economy) Act, the Bureau of I ...
The Bureau of Internal Revenue (BIR) has issued Revenue Regulation (RR) 5-2025 on Feb. 27, 2025, which amends RR 2-98 by ...
The Bureau of Internal Revenue (BIR) is calling on taxpayers to file their 2024 Annual Income Tax Return (AITR) and settle ...
Learn the step-by-step process for filing corporate income tax in the Philippines and ensure compliance for your foreign ...
POLICYMAKERS should consider simplifying the income tax regime via a flat, with top earners currently a disproportionate burden, possibly jeopardizing fiscal stability, according to a House of ...
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BIR: Excise tax moratorium to affect revenue targetMANILA, Philippines —The Bureau of Internal Revenue will have to revise ... which were set based on assumptions of annual rate hikes. Under the revised tax structure, excise tax rates will ...
THE Philippines has now gained a competitive edge in attracting more investments with the signing of Republic Act 12066 or the Corporate Recovery and Tax Incentives for Enterprise ...
Investopedia / Candra Huff A marginal tax rate is the percentage of tax applied to each additional dollar of income within a specific bracket, rather than being applied to the whole income.
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