Search results
Results from the WOW.Com Content Network
Tax Reform for Acceleration and Inclusion Law. The Tax Reform for Acceleration and Inclusion Law ( TRAIN Law ), [1] officially designated as Republic Act No. 10963, is the initial package of the Comprehensive Tax Reform Program (CTRP) signed into law by President Rodrigo Duterte on December 19, 2017. [2] The TRAIN Act is the first of four ...
Summary. Description. Republic Act No. 10963 (20171219-RA-10963-RRD).pdf. English: Republic Act No. 10963 (Tax Reform for Acceleration and Inclusion Law) PDF file on the Official Gazette of the Republic of the Philippines website, signed by President Rodrigo Duterte on December 27, 2017. Date.
Income tax for individuals. Citizens of the Philippines and resident aliens must pay taxes for all income they have derived from various sources, which include, but are not limited to: compensation income (e.g., salary and wages ); income of self-employed individuals and/or professionals; capital gains; interests; rents;
The Bureau of Internal Revenue also lengthen the deadline for filing income tax returns (ITR) from the original April 15 date to May 15. Nevertheless, the agency appealed to the public to file their ITR on the original April 15 date if they are already prepared, "in order to help the Duterte administration raise enough funds" for battling the ...
The Philippine National Railways ( PNR) ( Filipino: Pambansang Daambakal ng Pilipinas; Spanish: Ferrocarril Nacional de Filipinas) is a state-owned railway company in the Philippines which operates one commuter rail service between Laguna and Quezon, and local services between Sipocot, Naga and Legazpi in the Bicol Region. [5]
Social Security Income is Taxable. “Up to 85% of your Social Security benefit might be included in your taxable income,” said Justin Pritchard, CFP at Approach Financial, Inc. “That’s a ...
Status: In force. The Universal Access to Quality Tertiary Education Act, officially designated as Republic Act 10931, is a Philippine law that institutionalizes free tuition and exemption from other fees in state universities and colleges (SUCs), and local universities and colleges (LUCs) in the Philippines. The law also foresees subsidies for ...
The Court of Tax Appeals was originally created by virtue of Republic Act No. 1125 Archived June 21, 2019, at the Wayback Machine which was enacted on June 16, 1954, composed of three (3) Judges with Mariano B. Nable as the first Presiding Judge. With the passage of Republic Act Number 9282 (R.A. 9282) Archived June 21, 2019, at the Wayback ...