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...
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 is to check your Certificate of Registration from the BIR. This will indicate which tax schedule you’re on. I’m on the 8% Income Tax R...
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...
Staff augmentation means reliable outsourcing vendors supply the labor resources required to support a business in achieving its goals. Usually, this cooperation is short-term or project-based.Remote employeesprovide the necessary expertise, experience, and innovative ideas for your project and enhance th...
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,...
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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 ...
Pensions are retirement plans offered to state government employees, particularly public school teachers. Pensions are called "defined benefit" programs because they specify the amount of money you'll receive each month after retirement...