Expanded Withholding Tax (EWT) or Creditable Withholding Tax (CWT) in the Philippines is a tax type that each taxpayer should be aware of as it is being made a mandatory for income tax deductibility of certain expenses in the Philippines. Failure to comply with the requirements of this withho...
But abusive treatment of the local tribute payers and neglect of religious instruction by encomenderos (collectors of the tribute), as well as frequent withholding of revenues from the crown, caused the Spanish to abandon the system by the end of the 17th century. The governor-general, himself...
Spanish rule for the first 100 years was exercised in most areas through a type of tax farming imported from the Americas and known as the encomienda. But abusive treatment of the local tribute payers and neglect of religious instruction by encomenderos (collectors of the tribute), as well as...