MANILA, Philippines - Fearing repercussions of cross-default and spikes in electricity rates, the new Executive Order (EO) issued by Malacanang has significantly slashed to 15-percent the assessment rate for the real property tax (RPT) to be levied based on the fair market value of power ...
In 2014, there were around 715 crime incidents per 100,000 individuals in the Philippines. The crime rate incidents across the country have significantly increased over the last six years. In the same year, theCordillera Administrative Region (CAR) had around 1.2 thousand crime incidentsper 100,...
arenon-resident individuals. Income derived by a non-resident individual from within the territory of China shall be subject to individual income tax (IIT) in accordance with the provisions of the
starting 1 January 2024. Most items that previously enjoyed VAT exemption will now also be liable. On 18 December 2023, the Sri LankanInland Revenue Departmentissued a notice to tax payers[2] listing 95 items out of
Investors can use this calculator to determin the average annual rate of return on their investments even if those investments have irregular investments or withdrawals. Instructions For each investment or withdrawal start by entering the date in the left 3 columns. Any time an investment is made...
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Recent literature and empirical evidence reveal that, compared to advanced economies (AEs), most emerging market economies (EMEs) exhibit much lower volatilities of unemployment rate, and they link these differences to the larger size of informal economies in EMEs. As a representative EME, real da...
Afeethat one receives in exchange for allowing another party to use andprofitfrom one'sproperty. For example, a publisher who prints andsellsa book must compensate the author for use of his/her intellectual property. Usually a royalty is a percentage of therevenueor profit that the other party...
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