How to make sure their inheritance is inherited By: Philis Theresa Cruz During our lifetime, we accumulate properties—personal or real—that we want to pass on to our heirs. But we also hope that relationships are not ruined by inheritance disputes and we want to ease the burden of additional and excess fees. So, how do we secure our heirs’ inheritance? Before anythi...
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What are taxes involved in selling real estate property in the Philippines? Selling a real estate property in the Philippines can be a complex process, especially when it comes to understanding the tax implications. As a seller, it is important to be aware of the different taxes involved in the transaction to avoid any potential legal and financial issues. In this blog, we w...
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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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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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