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A 1947 Republic of the Philippines Documentary Revenue 50 Centavos used on a 1949 Proxy document. [1] A 20c revenue stamp of the Philippines. Governing authorities in the Philippines have issued a variety of stamps for internal revenue taxes and other fiscal taxes since 1856. [2] Prior to 1856, internal revenues were collected via stamped paper.
Following the occupation of the Philippines by the United States as a result of the Spanish–American War, the American military government issued regular stamps overprinted with the word "Philippines", for postal purposes. Stamps issued on June 30, 1899, were used up to August 1906, when the American civil government that supplanted the ...
These are the tax on lottery winnings and PCSO prizes, documentary stamp tax, and mining tax. With the implementation of the TRAIN Law, all PCSO lotto prizes are taxed at 20% if the prize exceeds ₱10,000. The documentary stamp tax has been doubled, resulting in stamp taxes ranging from ₱1.50 to ₱3.00.
The most significant of these measures include: full utilization of tax computerization in the Bureau's operations; expansion of the use of electronic Documentary Stamp Tax metering machine and establishment of tie-up with the national government agencies and local government units for the prompt remittance of withholding taxes; and ...
The stamp featured the denomination's founder Felix Manalo, the Centennial logo, and the INC Central Temple. Printed in monochrome, except for the logo, the stamp measured 50 by 35 millimeters (2.0 in × 1.4 in) which is larger than the standard 40 by 30 millimeters (1.6 in × 1.2 in) stamp size.
The Philippines eventually joined the Universal Postal Union, this time as a sovereign entity, on January 1, 1922. 2017 stamp dedicated to the 25th anniversary of the corporation. The Manila Central Post Office building, the headquarters of the Bureau of Posts, was constructed in its present-day Neo-Classical style in 1926.
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The Internal Revenue Law of 1904 provided for general internal revenue taxes, documentary taxes and transfer of livestock. A wide variety of revenue stamps were issued in denominations ranging from one centavo to 20,000 pesos. The term "insular" refers to the fact that the government operated under the authority of the Bureau of Insular Affairs.
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