While computing taxable income may seem like a daunting task, there are tools available to help make it easier.Taxumo, for instance, is an online tax filing and payment platform that automates tax computations for businesses in the Philippines. With Taxumo, you no longer have to worry about ...
Delivery duty paid (DDP) vs. delivery duty unpaid (DDU):Determines who is responsible for paying customs duties and taxes—the sender (DDP) or the recipient (DDU). De Minimis:A term referring to a maximum value limit for goods, including documents and trade samples. Howe...
Besides paying for shipping, businesses will need to take note of custom duties and taxes. You do not have to pay customs tax when exporting from the Philippines. Custom tariffs, taxes, surcharges or tariff quotas are also not levied on Hong Kong’s import goods as the specia...
A Basic Guide to the SRRV Visa in the PhilippinesPosted in:PhilippinesAre you looking for a good place to start your retirement? Or are you still caught in the middle of figuring out where to live ...Read more A Complete Overview of Costa Rica’s Visa RequirementsPosted in:Costa RicaHow...
It helps governments keep track of who has paid taxes and how much they owe. Most countries have some form of a taxpayer identification number. In the US, there are several different types of tax ID numbers. Sometimes, tax ID numbers can also be used to identify businesses or individuals ...
Finding and hiring good employees is difficult. This guide will walk you through how to hire employees, with tips and examples along the way.
Therefore, please be sure to understand the 9G rule in advance. How can I return home after the check-in period for 9G workers in the Philippines? 1. After the check-in period for 9G workers, go to the Immigration Bureau to handle the 9G drop-in. Some problems need to be paid ...
However, be sure to have aBIR TINas it is important in paying taxes; and it’s not just if you have a business or are employed – likeincome taxor percentage tax. To name a few, there are Estate tax (when someone has died and estates are given to the heirs), VAT or Value Added...
You’ll then have to start collecting sales tax from buyers in that state which can get complicated if you’re selling across several states. You may want to consider enlisting the help of a third-party software provider to help you track and pay the right taxes. Importing details ...
32 1. What are the income tax rates in the Philippines?...32 2. What business taxes are we subject to?...35 3. What are the advantages and disadvantages of a branch vis-à-vis a domestic subsidiary?...37 4. What effect