Here are the lists of 13 approved tax reform in 2018 under the RA 10963 signed by the President of the Republic of the Philippines and implemented on the 1st day of January 2018. This update includes the new income tax rates, documentary stamp tax, donor’s tax rate, estate tax, excise taxes, fringe and de minimis benefits and other approved train tax law reform.
Read moreCategory: Discussions
On this category you will learn many tips, discussions regarding on how to reduce tax legally, money matters and other discussions that would help you to fully understand the Philippine Tax System.
Must Read: COVID19 Tax Exemptions Update
To combat the spread of this COVID-19, the government issued Republic Act No. 11469 known as “Bayanihan to Heal as One Act”
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9 Amazing Tax-Free Countries Everyone Should Envy
9 tax free countries around the world. Learn how and what countries that are top 9 listed. Read more to find out.
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How to Reduce Your Philippine Tax in 2020
In the Philippines, taxpayers are required to pay a certain percentage of their income to the government as taxes. This can be quite a burden, especially if your income is low. However, there are ways you can reduce your tax bill in 2020. In this blog post, we will discuss some tips on how to do that. Keep reading to learn more!
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5 Countries with the Highest Income Tax Rates-Read before you Migrate
Do you live in a place where the personal income tax rate is high? Check these countries with highest personal income tax rates around the world.
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BIR Updates 2020: Everyone Must Know
Four train law updates 2020. Updates on application on registrations, REIT act of 2009, New Central Bank Act (RA 7653) and etc you must know.
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