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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 ...
An Isuzu Crosswind being used as an UV Express vehicle. Utility Vehicle (UV) Express (formerly known as FX, Metered Taxi, and GT or Garage-to-Terminal Express) is a license to operate utility vehicles, particularly vans, as an alternative mode of public transportation in the Philippines.
In April 2014, Uber was banned in Brussels, and the company was threatened with fines of €10,000 if it offers fares to drivers who are not in possession of a taxi license. [31] Bruxelles-Mobilite, the city's federal region administration responsible for infrastructure and traffic, impounded 13 cars aligned with Uber after March 2014 and a ...
However, simplifying the tax code could also eliminate many deductions and credits that benefit specific groups, such as low-income families or those with high medical expenses, Yen pointed out.
This page was last edited on 4 September 2012, at 09:33 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Stay updated on the news about taxes, deadlines, deductions, laws, the IRS, and all things related to your income taxes.
The Philippines will impose a 12% value-added tax (VAT) on digital services offered by tech giants such as Amazon, Netflix, Disney, and Alphabet, in a move that will level the playing field with ...
Though there is a limit on the number of taxi licenses issued, taxi drivers who have maintained a clean driving record for six consecutive years can apply to drive taxis under personal licenses. [28] Taxis in larger cities are widely metered with fares generally based on distances and now more commonly with surcharges for times in slow and ...