If you’re a business owner in the Philippines, it’s important to know how to compute your taxable income. Whether you’re a VAT-registered or non-VAT registered business, you’ll need to follow specific steps to ensure compliance with the country’s tax laws. The steps below is as of...
How to Transfer Real Estate Titles in the Philippines (From a Sale) Can a Property Be Sold Using Only a Photocopy of its Certificate of Title? Stay safe from fake title scams everyone. Would you rather have professionals do thetitle research and verificationfor you? Contact us today and...
If you decide to use the 8% Flat tax rate, you can use the 1701A form in Taxumo. How to compute your Annual Income Tax or ITR dues Before you begin, you’ll need to check whether you’re on the 8% Income Tax Rate or the Graduated Income Tax Rate. The easiest way to do this ...
healthcare, retirement plans, vacation time is about 33%. In other words, the salary is about two-thirds of the total compensation for an employee hired to do software development. Therefore, for an accurate comparison, you should compute the hourly cost of an...
The liquidity-constrained household consumes her disposable after-tax wage and transfer income in each period (“hand-to-mouth”), which gives the period t budget constraint:1+τCPktCCjktc=1-τkNWktNjktc+Tkt-taxkt. 3.1.3. Wage setting Households provide differentiated labour services, Njktr,...
You compute the value of the penalty by multiplying the replacement cost ($500,000) with the multiplier, 0.25 (1 – 0.75). So by violating the coinsurance clause, you are not only unable to receive the full replacement cost, but you also have to pay a hefty penalty. ...
who provide services to a resident company that is establishing or operating an electronics manufacturing facility. I further propose to introduce a safe harbour for tax certainty for non-residents who store components for supply to specified electronics manufacturing units”, the Finance Minister stated...
the of and to a in that is was he for it with as his on be at by i this had not are but from or have an they which one you were all her she there would their we him been has when who will no more if out so up said what its about than into them can only other time new...
In fact, in GMM, it is not necessary to assume a specific probability density function, such as in a maximum likelihood estimator. In the second step, the residual of the first moment of the profit distribution (𝑢̂𝑖𝑡u^it) are then raised to power two and three to compute ...