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The adoption of the VAT system was one of the structural reforms provided for in the 1986 Tax Reform Program, which was designed to simplify tax administration and make the tax system more equitable. It was also in 1988 that the Revenue Information Systems Services Inc. (RISSI) was abolished and transferred back to the BIR by virtue of a ...
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 ...
According to the Administrative Code of 1987, the following are the powers and functions of a secretary: [1] Advise the president in issuing executive orders, regulations, proclamations and other issuances, the promulgation of which is expressly vested by law in the president relative to matters under the jurisdiction of the department;
The Court of Tax Appeals (Filipino: Hukuman ng Apelasyon sa Buwis [2]) is the special court of limited jurisdiction, and has the same level with the Court of Appeals. The court consists of 8 Associate Justices and 1 Presiding Justice.
TAXING SITUATION The Philippines is to impose a 12% value-added tax on overseas digital service providers operating in the country, including Netflix, HBO and Disney. The measure was signed into ...
The following are ranks of the officers working in the Income Tax Department of Ministry of Finance (India).Officers are appointed from two different recruiting agencies. Gazetted officers are appointed from Indian Revenue Service (Income Tax) of Union Public Service Commission while non-gazetted officers are recruited by Staff Selection Commissio
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Department Native name Seal Formed Head Title Titleholder Department of Agrarian Reform: Kagawaran ng Repormang Pangsaka: September 10, 1971; 53 years ago (): Secretary of Agrarian Reform