Learn the Specific Nuance of VAT and Income Tax

If you’re a businessman, it’s critical to understand the various taxes that the government can impose on your operations. Apart from an annual income tax, you could be remitting VAT.…

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What to Expect: 8% Income Tax Rate on Gross Sales/Receipts

One of the most intriguing provisions of Train Law since its effectivity in 2018 is the 8% income tax rate on gross sales/receipts. This is a filing option available for…

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