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A direct tax is one paid directly to the government by the persons (juristic or natural) on whom it is imposed (often accompanied by a tax return filed by the taxpayer). Examples include income tax, corporate tax, and transfer tax such as estate tax and gift tax. Basic software for income tax in the form of a tax calculator, and are now widely ...
In 2007, the National Program Support for Tax Administration Reform (NPSTAR), a program funded by various international development agencies, was launched to improve the BIR efficiency in various areas of tax administration (i.e. taxpayer compliance, tax enforcement and control, etc.).
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 ...
A financial calculator or business calculator is an electronic calculator that performs financial functions commonly needed in business and commerce communities [1] (simple interest, compound interest, cash flow, amortization, conversion, cost/sell/margin, depreciation etc.).
Costco is also gaining new members and maintaining high renewal rates. In the first quarter of fiscal 2025, its total cardholders grew 7% year over year to 138.8 million, as its worldwide renewal ...
From 1996 to 2024, the dog population in the U.S. has steadily increased, rising from 52.9 million to a new peak of 89.7 million, despite a slight dip to 80.1 million in 2023 from 88.3 million in ...
Croatian authorities arrested an Austrian national on suspicion of trying to smuggle a corpse, after he was stopped at a border crossing with a dead woman riding in his car's passenger seat ...
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 ...
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