Taxability of the Compensation of Employees

  Compensation income is an income which arises from an employer-employee relationship. This includes income such as: • Salaries • Wages • Emoluments and honoraria • Commissions • Taxable bonuses …

LARGE TAXPAYERS IN THE PHILIPPINES

A large taxpayer is a taxpayer, regardless of its location in the country, which has been classified and notified in writing by the Bureauof Internal Revenue as one that has …

Large Taxpayers in the Philippines

    A large taxpayer is a taxpayer, regardless of its location in the country, which has been classified and notified in writing by the Bureau of Internal Revenue as …

VAT Sales to Government

  The Philippines government, or any of its political subdivisions, instruments or agencies, including Government-owned and Controlled Corporations (GOCCs) is liable to pay for the Value Added Tax subjects to …

Minimum Corporate Income Tax

    A Minimum Corporate Income Tax is a tax imposed to corporations who have been on the th year of its operation and has a net loss or zero …

Tax Benefits On Foundations

   A foundation is a non-stock, non-profit corporation established for the purpose of extending grants or endowments to support its goals or raising funds to accomplish charitable, religious, educational, athletic, …