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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 ...
Philippine addresses always contain the name of the sender, the building number and thoroughfare, the barangay where the building is located, the city or municipality where the barangay is located and, in most cases, the province where the city or municipality is located.
Petroliam Nasional Berhad, commonly known as PETRONAS (stylised in all caps), is a Malaysian multinational oil and gas company headquartered in Kuala Lumpur.Established in 1974, it is a legal entity incorporated under the Malaysian Companies Act 1965 and reports to the company's Board of Directors.
The Postal ID (PID) is an identity card issued by the state-owned Philippine Postal Corporation.It is a valid identification document for use by Filipino citizens in availing themselves of various government services and transactions as well as in banking and other financial institutions.
The history of the community tax certificate entails three incarnations dating back to Spanish colonial times. Introduced in a 19th-century reform of the tax system which followed the Revolt Against the Tribute of 1589 which scrapped the system of tribute, as well as subsequent tax reforms, the cédula was issued to all indios or natives between the ages of 18 and 60 upon payment of a ...
In the Philippines, a ZIP code is used by the Philippine Postal Corporation (PhlPost) to simplify the distribution of mail. [1] [2] While its function similar with the ZIP Codes used in the United States, its form and usage are quite different. Its use is not mandatory but highly recommended by the PhlPost.
In 1956, Mr. Nicholas Kaldor was given the responsibility of investigating the Indian tax system in light of the revenue requirement of the second five-year plan (1956–1961). He submitted an exhaustive report for a coordinated tax system and therefore, the result was the enactment of several taxation acts, viz., the wealth-tax Act 1957 , the ...
Administrative regions are groupings of geographically adjacent LGUs that are established, disestablished, and modified by the president of the Philippines based on the need to more coherently make economic development policies and coordinate the provision of national government services within a larger area beyond the province level.