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Unlike intellectual property patents, which have time limits, a land patent is permanent. A land patent is known in law as "letters patent" and usually issues to the original grantee and to their heirs and assigns forever. The patent stands as supreme title to the land because it attests that all evidence of title existent before its issue date ...
The Land Registration Authority (LRA; Filipino: Pangasiwaan sa Patalaan ng Lupain) is an agency of the Philippine government attached to the Department of Justice responsible for issuing decrees of registration and certificates of title and register documents, patents and other land transaction for the benefit of landowners, agrarian reform-beneficiaries and the registering public in general ...
An extension of the homestead principle in law, the Homestead Acts were an expression of the Free Soil policy of Northerners who wanted individual farmers to own and operate their own farms, as opposed to Southern slave owners who wanted to buy up large tracts of land and use slave labor, thereby shutting out free white farmers.
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 ".
The Second Philippine Commission, the Taft Commission, viewed economic development as one of its top three goals. [1] In 1901, 93% of the islands' land area was held by the government and William Howard Taft, Governor-General of the Philippines, argued for a liberal policy so that a good portion could be sold off to American investors. [1]
Tax-free retirement income. Tax-exempt accounts don’t save on taxes now, but the growth is tax-free, and you can withdraw as much as you want in retirement without paying another penny in taxes ...
The Philippines' Land Management Bureau (Filipino: Kawanihan ng Pamamahala sa mga Lupa, abbreviated as LMB), is an agency of the Philippine government under the Department of Environment and Natural Resources responsible for administering, surveying, managing, and disposing Alienable and Disposable (A&D) lands and other government lands not placed under the jurisdiction of other government ...
Paying inheritance tax: Only a few states in the U.S. impose an inheritance tax: Iowa, Kentucky, Maryland, Nebraska, New Jersey and Pennsylvania. Each state has different rules and exemption amounts.