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Goods and Services Tax [1] (GST) in Australia is a value added tax of 10% on most goods and services sales, with some exemptions (such as for certain food, healthcare and housing items [2]) and concessions (including qualifying long term accommodation which is taxed at an effective rate of 5.5% [3]). GST is levied on most transactions in the ...
Historical marker installed at the Manila Central Post Office in 1994. The Philippine postal system has a history spanning over 250 years. In 1767, the first post office in the Philippines was established in the city of Manila, which was later organized under a new postal district of Spain. [4]
In 2001, the Howard government adjusted the excise rates because of the introduction of the GST and stopped the automatic indexation of the fuel excise tax. [8] The second phase of the Australian Fuel Tax Credits Scheme came into effect on 1 July 2008. Under these changes, all off-road business use of fuel became eligible for subsidies.
The Australian Company Number (ACN) was adopted in Australia on 1 July 2000, as one of the complementary measures when the Goods and Services Tax (GST) was introduced. All companies registered at the time were issued with an ACN by ASIC. On registration of a company under Australia's Corporations Act 2001, it is issued with an ACN.
The policy of taxation in the Philippines is governed chiefly by the Constitution of the Philippines and three Republic Acts. Constitution: Article VI, Section 28 of the Constitution states that "the rule of taxation shall be uniform and equitable" and that " Congress shall evolve a progressive system of taxation ".
These stamps came in one denomination – 2 centavos. They bore the words "Free Philippines – Guerilla Postal Service – Two Centavos Series 1943". On October 20, 1944, American forces landed on the shores of Leyte. Nineteen days later, the Post Office of Tacloban was reopened amidst the still smoking
It stipulated that all loan contracts were subject to a 3.6% fee. On August 9, 2024, the bill was put to public consultation by the Ministry of National Economy and Finance which abolishes the stamp duty on more than 600 transactions and introduces the digital transaction fee on transactions, which remains the fee.
On 26 December 2013, due to the heavy decline in mail usage due to competition from email, etc., Australia Post requested an increase in the base rate to 70c. [6] On 4 January 2016, due to the heavy decline in mail usage due to competition from email, etc., Australia Post requested an increase in the base rate to $1.00. [7]