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The Agricultural Law Update Newsletters contain useful and timely articles on a variety of agricultural topics ranging from conservation programs to taxation issues. In addition, the newsletters cover recent cases and laws that affect the nation's agricultural community and the attorneys and policymakers who represent them.
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 ...
The Bureau of Internal Revenue [2] (BIR; Filipino: Kawanihan ng Rentas Internas) 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.
He described the inheritance tax changes as an “indefensible family farm tax”, although the Government has repeatedly defended the move, saying the vast majority of farmers will not have to ...
Fiscal incentives include: income tax holiday for a certain number of years, which translates to 100% exemption from corporate income tax; tax and duty-free importation of raw materials, capital equipment, machineries and spare parts; exemption from wharfage dues and export tax, impost or fees; VAT zero-rating of local purchases subject to ...
The tax rates displayed are marginal and do not account for deductions, exemptions or rebates. The effective rate is usually lower than the marginal rate. The tax rates given for federations (such as the United States and Canada) are averages and vary depending on the state or province. Territories that have different rates to their respective ...
Tax cuts, immigration and the Farm Bill will be focuses in the new year for Iowa's all-Republican delegation. ... Hinson said Trump’s new Department of Government Efficiency, an advisory group ...
Novak Djokovic is speaking out about how he believes he got food poisoning during his 2022 detention in Melbourne, Australia.. In a new February 2025 cover interview with GQ published Thursday ...