Executive Order number 646 signed by President Gloria Macapagal-Arroyo is being implemented by the Bureau of Internal Revenue (BIR) and local government units (LGUs). This will call for cooperation by both entities in sharing their taxpayer data so as to improve their tax collection efforts through access of correct information that they have on […]
Entries Tagged as 'Davao Tax'
Business Burea Data Made Available to BIR for increased tax collection
July 21st, 2008 · No Comments
Tags: Davao Business · Davao · Davao Tax
New Income Tax Amendments signed into Law
June 19th, 2008 · 1 Comment
Republic Act 9504 which amends the National Internal Revenue Code of 1987 was signed into law by the President, Gloria Macapagal-Arroyo, yesterday in Malacanang.
This law grants exemption for minimum wage earners from having to pay income tax. It also increased the personal exemptions of employees. It also exempts minimum wage earners from being […]
Tags: Davao Business · Davao · Davao Tax
Payment of Tax Amnesty on May 5
May 1st, 2008 · No Comments
Tax Attorney Marcelinda Omila-Yap, who heads the Regional BIR in Davao, said that all agent banks will still accept payments for the Tax Amnesty program til May 5, 2008. Tax Lawyers and Tax Accountants can now sigh a collective relief because of the extension.
In order to avail of the Tax Amnesty program, one has but […]
