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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 ". [1] National law: National ...
Website. www.philhealth.gov.ph. The Philippine Health Insurance Corporation (PhilHealth) was created in 1995 to implement universal health coverage in the Philippines. It is a tax-exempt, government-owned and controlled corporation (GOCC) of the Philippines, and is attached to the Department of Health. On August 4, 1969, Republic Act 6111 or ...
The current rates (as at June 2007) are 10% for small employers [8] and 14% for larger employers. 8% of the total remuneration is deduction from the employee, the remainder of the liability is met by the employer. The first US$10,000 of remuneration are free from payroll tax.
Taxpayers can apply a few tax deductions, such as a deduction for a child (starting at approx. 600EUR annually in 2021), for being a student (approx. 160EUR in 2021), for a dependent spouse (approx. 1000EUR in 2021) and more. [11] Health and social insurance are mandatory and a part of a payroll tax. The health insurance rate is 13,5%.
Atty. Glenn Albert M. Ocampo, Head Executive Assistant, Office of the Secretary. Website. www.tourism.gov.ph. The Department of Tourism (Filipino: Kagawaran ng Turismo, DOT) is the executive department of the Philippine government responsible for the regulation of the Philippine tourism industry and the promotion of the Philippines as a tourist ...
The list includes general SEZs and the more specific free trade zones and free ports, managed either by the Philippine Economic Zone Authority or held privately. As of April 30, 2016, there were 345 operating economic zones throughout the Philippines. [1]
The visa policy of the Philippines is governed by Commonwealth Act No. 613, also known as the Philippine Immigration Act, and by subsequent legislation amending it. The Act is jointly enforced by the Department of Foreign Affairs (DFA) and the Bureau of Immigration (BI). Visitors from 157 countries are permitted visa-free entry for periods ...
EasyEDA. EasyEDA is a web-based EDA tool suite that enables hardware engineers to design, simulate, share - publicly and privately - and discuss schematics, simulations and printed circuit boards. Other features include the creation of a bill of materials, Gerber files and pick and place files and documentary outputs in PDF, PNG and SVG formats.