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Showing 1–24 of 83 articles for “taxes”

BARMM Local Taxation: LGU Revenue Powers Under the Bangsamoro Local Governance Code

BARMM local taxation explained: how the Bangsamoro Local Governance Code lets LGUs create revenue sources, levy taxes, and share in national taxes.

Bad Beat Jackpot Guidelines in the Philippines: PAGCOR Rules Explained

Understand the PAGCOR Bad Beat Jackpot guidelines in the Philippines — qualifying hands, jackpot rake, payouts, taxes, and operator requirements.

Corporation vs Partnership in the Philippines: Which Business Structure Is Right for You?

Compare corporation vs partnership in the Philippines: liability, taxes, management, and formation under the Revised Corporation Code and Civil Code.

Islamic Banking in the Philippines: License Requirements and Sukuk Tax Rules

How to set up an Islamic bank in the Philippines under R.A. 11439, and how the BIR taxes sukuk gains, coupons, and documentary stamp tax.

The PHP 3 Million VAT Threshold in the Philippines, Explained

Understand the PHP 3 million VAT threshold in the Philippines, who it applies to, and how exceeding it affects your business taxes.

PAL Aviation Fuel Tax Exemption: Supreme Court Clarifies Importation Rules

Supreme Court affirms PAL's refund for Jet A-1 fuel import taxes, interpreting PD 1590's tax exemption conditions.

Tax Evasion in the Philippines: When Can the Government Collect Without an Assessment

The Supreme Court clarifies when the BIR can collect deficiency taxes without a formal assessment in criminal tax evasion cases.

Business Permit Fees vs. Local Taxes: SC Ruling on Economic Zone Exemptions

SC rules tax-exempt economic zone entities must still pay business permit fees, which are regulatory, not tax.

Candidate Eligibility: No Automatic Disqualification for Unpaid Taxes Absent Express Court Order

Supreme Court clarifies that unpaid taxes do not automatically disqualify a candidate absent an express penalty in a final court judgment.

Tax Collection Prescription: CIR's Collection Efforts Barred by Three-Year Period

Supreme Court affirms CTA ruling that the CIR's right to collect deficiency taxes prescribed after three years from assessment notice.

Regulatory Fees vs Taxes: When Local Government Impositions Are Valid

The Supreme Court clarifies the distinction between regulatory fees and taxes in local ordinances, and the burden of proving invalidity.

DST and GRT on Special Savings Accounts: Philippine Veterans Bank Ruling

The Supreme Court ruled special savings accounts are subject to documentary stamp tax and that final withholding taxes count toward gross receipts tax.

When Must Property Sellers Deliver the Title? The Fil-Estate v. Hermana Realty Rule

Full payment of the purchase price entitles a buyer to demand the deed of sale and owner's duplicate title, even if taxes remain unpaid.

Understanding Tax Implications of Initial Public Offerings: Separate vs Joint Computation

The Supreme Court clarifies how IPO taxes on primary and secondary offerings are computed under the National Internal Revenue Code.

Understanding Tax Assessment and Collection Prescription: The BPI Case

The Supreme Court's BPI ruling explains when the BIR loses the right to assess and collect deficiency taxes—key lessons for taxpayers.

Forest Charges and Tax Refunds: Jurisdiction and Prescription in Philippine Tax Law

A 2019 Supreme Court ruling clarifies that forest charges are internal revenue taxes, so refund claims must go to the CIR within two years.

Redefining Local Autonomy: LGUs' Just Share in National Taxes

The Supreme Court ruled that LGUs' just share must come from all national taxes, not just internal revenue taxes.

Proof in Tax Refund Claims: Annual ITR Suffices, Quarterly Returns Not Mandatory

The Supreme Court clarifies that presenting quarterly ITRs is not required to prove a claim for refund of excess creditable withholding taxes.

Premium Tax vs Cost of Service: Defining Minimum Corporate Income Tax

Supreme Court clarifies which taxes count as "cost of services" in computing MCIT for insurance companies, and when DST applies to policy increases.

Tax Amnesty Compliance Shields Taxpayers From Deficiency Assessments

Supreme Court rules that complying with RA 9480 tax amnesty bars the BIR from collecting deficiency taxes through warrants of distraint and levy.

Local Autonomy vs Congressional Power: Defining the Just Share in National Taxes

The Mandanas ruling redefined the LGU just share in national taxes, expanding the base beyond internal revenue taxes.

Mandanas Ruling: LGUs' Just Share Must Come From All National Taxes

The Supreme Court expands the base for computing LGUs' just share in national taxes, clarifying the scope of fiscal autonomy under the Constitution.

Double Taxation and Refund of Erroneously Paid Local Business Taxes in Manila

Supreme Court clarifies when a taxpayer can refund local business taxes after protesting an assessment and paying under protest in Manila.

Prescription in Tax Assessment: Taxpayers' Right to a Timely Assessment

When does the BIR lose its right to assess taxes? The Supreme Court clarifies prescription rules and valid waivers in CIR v. BPI.