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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". [1] National law: National Internal Revenue Code—enacted as Republic Act No. 8424 or the Tax Reform Act of 1997 [2] and subsequent laws amending it; the ...
See Quo warranto § Philippines. R.A. N/A: English Abbreviation for Republic Act. raffle Original meaning: a type of lottery: English The system by which cases are assigned to judges in multi-sala courts. As of 1974, "[n]o case may be assigned to any branch without being raffled."
Goods and Services Tax (GST; Māori: Tāke hokohoko) is a value-added tax or consumption tax for goods and services consumed in New Zealand. GST in New Zealand is designed to be a broad-based system with few exemptions, such as for rents collected on residential rental properties, donations, precious metals and financial services. [75]
Philippine National Health Research System Act of 2013 2013-05-15: 10533: Enhanced Basic Education Act of 2013 2013-05-15: 10534: Renaming a Provincial Office of the PNP 2013-05-15: 10535: Philippine Standard Time Act of 2013 2013-05-15: 10536: Amending the Meat Inspection Code or RA 9296 2013-05-15: 10537: Creating additional Branches of the ...
Thus, while the Civil Code seeks to govern all aspects of private law in the Philippines, a Republic Act such as Republic Act No. 9048 would concern itself with a more limited field, as in that case, the correction of entries in the civil registry. Still, the amendment of Philippine legal codes is accomplished through the passage of Republic Acts.
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.
It offers firms free trade conditions and a liberal regulatory environment. Its objectives are to attract foreign investors, collaborators, and buyers who can facilitate entry into the world market for some of the economy's industrial goods, thus generating employment and foreign exchange". [ 8 ]
Vehicle and boat registration fees are subsets of this kind of tax. The tax is often designed with blanket coverage and large exceptions for things like food and clothing. Household goods are often exempt when kept or used within the household. [20] Any otherwise non-exempt object can lose its exemption if regularly kept outside the household. [20]