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Carbon tax is a tax levied on the carbon content of fuels, as a measure to income the impact of global warming. Fat tax is a tax levied on unhealthy foods. Financial transaction tax is a tax on certain financial transactions, such as the sale of stocks. Fuel excise is a tax levied on fuels, especially for motor vehicles.
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 ...
6.9% (for minimum wage full-time work in 2024: includes 20% flat income tax, of which first 7848€ per year is tax exempt for low-income earners + 2% mandatory pension contribution + 1.6% unemployment insurance paid by employee); excluding social security taxes paid by the employer
The Philippines will impose a 12% value-added tax (VAT) on digital services offered by tech giants such as Amazon, Netflix, Disney, and Alphabet, in a move that will level the playing field with ...
Shutterstock Most taxpayers try to take advantage of every tax break they can find, and many make plans to arrange their finances to make maximum use of credits, deductions, and other tax breaks.
In a recent episode of her "Women & Money" podcast, a listener asked Suze Orman to breakdown the Social Security tax torpedo so retirees can better understand how to strategize their retirement ...
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.
With five multicolor play shapes, this foam fort building set will give kiddos plenty of ways to play. From a cozy couch to a castle and moat, their imagination is the limit.