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2. Bureau of Internal Revenue - Wikipedia

   en.wikipedia.org/wiki/Bureau_of_Internal_Revenue

   This method of collecting income tax upon receipt of the income resulted to the collection of approximately 25% of the total income tax collected during the said period. The third major reorganization of the Bureau took effect on March 1, 1954 through Revenue Memorandum Order (RMO) No. 41.

3. Taxation in the Philippines - Wikipedia

   en.wikipedia.org/wiki/Taxation_in_the_Philippines

   However, if their gross sales (or gross receipts plus other non-operating income) does not exceed the VAT threshold, they have the option to be taxed either on the basis of the income tax schedule for individuals and the applicable percentage taxes, or just with a flat tax rate of 8% on their gross sales (or gross receipts plus other non ...

4. Fiscal policy of the Philippines - Wikipedia

   en.wikipedia.org/wiki/Fiscal_policy_of_the...

   Income taxes could have performed better, and the tax system's fairness enhanced, had BIR implemented fully the approved reform imposing ceilings on allowable deductions. Overall responsiveness of the tax system to changes in economic activity improved from an average of 0.9% from 1980–1985 to an average of 1.5% from 1986 to 1991.

5. What is income tax? How it works, different types and what ...

   www.aol.com/income-tax-works-different-types...

   To calculate income tax, add all forms of taxable income earned in a tax year. Next, find your adjusted gross income. Then, subtract any eligible deductions from your adjusted gross income.

6. List of countries by tax rates - Wikipedia

   en.wikipedia.org/wiki/List_of_countries_by_tax_rates

   The list focuses on the main types of taxes: corporate tax, individual income tax, and sales tax, including VAT and GST and capital gains tax, but does not list wealth tax or inheritance tax. Personal income tax includes all applicable taxes, including all unvested social security contributions.

7. Louisiana tax reforms need only Landry's signature to ... - AOL

   www.aol.com/louisiana-tax-reforms-only-landrys...

   For businesses, the corporate income tax rate will drop from 7.5% to a flat 5.5%, and the state franchise tax will be eliminated entirely. Originally, Landry's plan proposed a rate of 3.5%.