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  2. Taxation in the Philippines - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_Philippines

    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 ...

  3. Philippine peso - Wikipedia

    en.wikipedia.org/wiki/Philippine_peso

    In the 2010s, it appreciated to ₱40 in 2012, before depreciating to ₱54/$ in 2018. Amidst the COVID-19 pandemic , the peso appreciated as much as ₱47 in 2021. In 2022, the peso depreciated to its all-time low of ₱59 per dollar, likely as a result of the economic impact of the Russian invasion of Ukraine .

  4. Is Gross Income Before or After Taxes? - AOL

    www.aol.com/gross-income-taxes-210844041.html

    If last year you earned $80,000 in salary, $1,000 in interest income, and $5,000 in sales from your e-commerce business, your gross income for the year would be all of those income sources added ...

  5. Gross income - Wikipedia

    en.wikipedia.org/wiki/Gross_income

    The rate of tax is 30% of the gross income, unless reduced by a tax treaty. Nonresident aliens are subject to U.S. federal income tax on some, but not all capital gains. [45] Wages may be treated as effectively connected income, or may be subject to the flat 30% tax, depending on the facts and circumstances.

  6. Before You File Your Taxes, Here Are 21 Tax Terms You ... - AOL

    www.aol.com/file-taxes-21-tax-terms-120049162.html

    Payment. Income Earned Dates. Payment Due Day. 1st Payment. Jan. 1, 2024-March 31, 2024. April 16, 2024. 2nd Payment. April 1, 2024-May 31, 2024. June 17, 2024

  7. Earnings before interest and taxes - Wikipedia

    en.wikipedia.org/wiki/Earnings_before_interest...

    A professional investor contemplating a change to the capital structure of a firm (e.g., through a leveraged buyout) first evaluates a firm's fundamental earnings potential (reflected by earnings before interest, taxes, depreciation and amortization and EBIT), and then determines the optimal use of debt versus equity (equity value).

  8. Here are the last-minute tax moves you should make before ...

    www.aol.com/finance/last-minute-tax-moves-end...

    The annual “catch-up” contribution amount for individuals age 55 or older is $1,000. ... If you lose qualifying health coverage before the end of 2023, you will owe taxes and possibly a ...

  9. List of countries by tax rates - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by_tax_rates

    The tax rates displayed are marginal and do not account for deductions, exemptions or rebates. The effective rate is usually lower than the marginal rate. The tax rates given for federations (such as the United States and Canada) are averages and vary depending on the state or province. Territories that have different rates to their respective ...