what are the nature,concepts and principles on Philippine Taxation system?
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hirap ng tanong mo pare...
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For revenue and to pay the taxes imposed by the government.
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according to the philippine constitution, there is a separation of the church and the state...\nhowever since the philippines is 95% catholic... the church defenitely have a say in key poltical issues becoz the people listen and politicians themselves are catholic...
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http://www.gov.ph/directory/main.asp?id=14
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Hmm, very broad question..\n\nthese should help you out:\n\nhttp://www.gov.ph/directory/main.asp?id=1\nhttp://www.i-site.ph/Databases/data-executive.html\n\ngood luck\n\ncheers
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Philippines has the same forms of business structure as Malaysia: single proprietorship, partnership and corporation.\n\nIf single proprietorship, you simply need to register the business name with Department of Trade and Industry. DTI has a Business Name Registration System that you can do online http://www.bnrs.dti.gov.ph/bnrspub/\n\nFor partnership and corporation, you have to register with the Securities and Exchange Commission SEC http://www.sec.gov.ph . SEC now has a registration system online whereby a business owner can: http://www.sec.gov.ph/secireg.htm\n\n- Verifying the availability of the desired name for corporation or partnership \n- Reserving the verified name \n- Accomplishing and printing the registration online without the need to buy the SEC forms \n- Registering on-line of business organization \n- Corporation, either stock or non-stock \n- Partnership, either general or limited or professional \n- Deposit the paid-up capital online \n- Pay the appropriate registration fees online \n- Receive notice of approval within the same day \n\nAs for the pros and cons of each business form, I suggest you check out this page which lists the tax rates of each business structure as well as the cost of business registration \nhttp://www.gov.ph/faqs/business_gettingstarted.asp
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http://en.wikipedia.org/wiki/VAT\n\nThis will explain in details about VAT.
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System by which those who make more money pay a progressively larger percentage of their income in taxes than those who make less money.  An example would be that poor people pay 10% of their income as tax and rich people pay 25% of their income as tax.
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here is a page of some trade data from the phillippines census bureau statistics site:\n\nhttp://www.census.gov.ph/data/sectordata/tsft.htm\n\nthe aquino administration ran from 1986-1992.\n\nhard to find other data that goes back before around 2000 or so, but you might just poke around on their site.  it looks like you can purchase CDs or books full of data from the office, too.\n\nhttp://www.census.gov.ph/
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Its a tough question and does not have single answer to cover it all. You can try doing search using following keywords, "migration law" "residency law" "woman + "residency law"".\n\nEach country have different laws set for residency, inheritance and rights, mostly in Asia, woman are not quiet protected.\n\nAn example in Taiwan, foreign woman married to local man, must have at least accumulated 7 years of residency in order to be eligible for permanent residency. Also it says when there is a divorce proceeding, court rule in favor of the bread winner or the spouse who earn most and with most assets which usually are the men, while on inheritance, the law is unbias on this part.\n\nWhile in Philippines, woman are protected by the law from abuse, when there is a marital separation problem, usually the mother gets the custody of the child regardless of income.\n\nOn religious law, Philippine is predominantly Catholic, which does not have problem on woman issue, while Taiwan, Thailand, Korea are more buddhist that religion does not get involve in legal and state matter, Indonesia and Malaysia are muslim country, you may have to do some more research on this.
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yup call philippine embassy for information by that they will help you what you need to do.. call theyre nice people! goodluck. try google or yahoo for website link.
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Generally Accepted Accounting Principles are standards of financial reporting established by local organizations or professional associations. They are mandatory in the corresponding country.\n\nHowever, there is a recent tendency of local accounting principles of complying with International Accounting Standards (IAS). So, I wouldn't worry so much about differences in accounting standards as I would about differences in tax legislation.
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A sales tax is levied on the consumer; usually the purchaser of the item for last time.  Sales taxes are paid by both individuals and businesses.  \n\nVATs are taxed at each level of commerce.  Purchasers, other than the final individual consumer, are generally able to claim a credit back for what they paid in calculating what they owe on their sales.  There is no such credit mechanism with a sales tax.\nVATs can be levied so that the burden falls solely on individuals and not businesses (Canada's GST for example)
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Value added tax (VAT) is a type of sales tax. In some countries, including Australia, Canada, New Zealand, and Singapore, this tax is known as "goods and services tax" or GST; and in Japan it is known as "consumption tax". VAT is an indirect tax, in that the tax is collected from someone other than the person who actually bears the cost of the tax (namely the seller rather than the consumer). As VAT is intended as a tax on consumption, exports (which are, by definition, consumed abroad) are usually not subject to VAT or VAT is refunded.\n\nVAT was invented by a French economist in 1954. Maurice Lauré, joint director of the French tax authority, the Direction générale des impôts, as taxe sur la valeur ajoutée (TVA in French) was first to introduce VAT with effect from 10 April 1954 for large businesses, and extended over time to all business sectors. In France, it is the most important source of state finance, accounting for approximately 45% of state revenues.\n\nPersonal end-consumers of products, consumers and services cannot recover VAT on purchases, but businesses are able to recover VAT on the materials and services that they buy to make further supplies or services directly or indirectly sold to end-users. In this way, the total tax levied at each stage in the economic chain of supply is a constant fraction of the value added by a business to its products, and most of the cost of collecting the tax is borne by business, rather than by the state. VAT was invented because very high sales taxes and tariffs encourage cheating and smuggling. It has been criticized on the grounds that it is a regressive tax.
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Respected legal systems must have fairness at the core of their foundation. The Philippines along with other countries including the US are long due for an overhaul.
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u can refer to a book named Direct and Indirect taxation.This book is used by T.Y.B.com students and will be a best guide for you. You can ask for this book in any Mumbai bookstall selling college books.
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The government of the Philippines is organized as a presidential-unitary republic, where the President functions as head of state, the head of government, and the commander-in-chief of the armed forces. The president is elected by popular vote to a 6-year term, during which he or she appoints and presides over the cabinet of secretaries.\n\nThe bicameral Congress comprises the Senate and the House of Representatives; members of the former are elected at large and those of the latter by geographical district. The 24 senators serve 6-year terms, with half retiring every three years, while the House of Representatives comprises 250 members serving 3-year terms.\n\nThe judicial branch of government is headed by the Supreme Court, with a Chief Justice as its head and 14 Associate Justices, all appointed by the President from nominations submitted by the Judicial and Bar Council. Other courts include the Court of Appeals, the Regional Trial Courts and the Metropolitan Trial Courts.