Real Estate Investment and Tax Benefits in the Philippines: What You Need to Know? Real estate investment is an attractive option for many people in the Philippines, especially when it comes to buying and owning properties that they can use or rent out for passive income. But did you know that there are also tax benefits that you can enjoy as a real estate investor in the country? Here's wh...
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The proposed Corporate Income Tax and Incentives Rationalization Act (Citira) will continue to give away tax breaks to priority industries that will generate more jobs and create additional value-added in the economy, the Department of Finance (DOF) said Monday. “We cannot dispute that the many industries receiving incentives have made valuable contributions to the economy and to the Fili...
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THE Iloilo Provincial Government encouraged Ilonggos to avail themselves of its real property tax amnesty until the end of the year. Delinquent taxpayers have until December 31, 2019 to settle their debts without having to pay the penalties and interests. Provincial Treasurer Jean Maire Umadhay said the Capitol will start receiving payment on October 7. "This is your chance to take a...
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PARIS - US internet giant Google has agreed a settlement totaling 945 million euros ($1.0 billion) to end a tax dispute in France under an agreement announced in court on Thursday. The company will pay a 500-million-euro fine for tax evasion, as well as a further 465 million euros to settle claims with French tax authorities. In a statement, Google confirmed the settlement and hailed the fac...
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