HISTORY OF FISCAL ADMINISTRATION AND THE THEORY AND PURPOSE OF TAXATION Introduction Fiscal Administration is not difficult to define. In simple terms, fiscal administration is the branch of economics that deals with the revenues and expenditures and their impact on the economy. It is the manner of collecting something from the constituents and spending it also for the constituents. And the exact definition according to http://www.wisegeek.com/what-is-fiscal-administration.htm, fiscal
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Aljone Bandola de la Cruz Basic Economics with Taxation III-BSFi 2nd Sem. A.Y. 2015-2016 Philippine Profile: Its Current Economic Status, Governance/Performance, Environmental Situation, and the Social Unset and Crimes The Philippines never had it so well, but with a slowing global economy and an election coming up this year 2016, what can it expect from the future? Does the country can still be able to be at greater heights? Our country has accustomed a private enterprise economy both
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whose adverse effects are mostly borne by the poorer segments of society. Why are we supporting it? 1. To promote health by discouraging vice. 2. To collect more revenue for healthcare. Health According to the Department of Health (DOH), the Philippines has an estimated 17.3 million tobacco consumers, the most number of smokers in Southeast Asia. Filipinos on average consume 1, 073 cigarette sticks annually, while the smokers in the region consume less than a thousand sticks yearly. This high consumption
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POLICY REFORMS AND INITIATIVES TO REVITALIZE THE PHILIPPINE MINING INDUSTRY HORACIO C. RAMOS Director MINES AND GEOSCIENCES BUREAU Department of Environment and Natural Resources Republic of the Philippines September 2009, Manila Copper Gold Nickel Chromite Polymetallic Processing Plant OPERATING MINES 7 Major Mines: Masbate Gold Operation of Filminera Lepanto’s Victoria and Teresa Gold Mines Philex’s Padcal Copper Mine Rapu-rapu Polymetallic Project. Banahaw Gold Project, Philsaga Mining
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PHILIPPINE LAW JOURNAC FILE COPY VOLUME 55 MARCH, 1980 FIRST QUARTER PHILIPPINE LAW JOURNAL , EXECUTIVE LEGISLATION: THE PIDLIPPINE EXPERIENCE Irene R. Cortes SOME ROLE/FUNCTIONS IN THE ADMINISTRATION OF CRIMINAL JUSTICE Alfredo F. Tadiar THE PATRIARCHAL TREATMENT OF RAPE ACROSS CULTURES Laurie A. Ajdukovich PROVISIONAL PERMITS: A CRITICAL REVIEW Rogelio E. Subong COMMENT BOOK REVIEW COLLEGE OF LAW UNIVERSITY OF THE PHIUPPINES ADMINISTRATION VISITORS PRESIDENT
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Chapter 9 Taxation: Income and Wealth Classification of Taxes on Income and Wealth: 1. the personal and corporate income taxes; 2. the transfer taxes, namely, the estate and inheritance taxes; 3. the real property tax on realty used for personal purposes; 4. the individual residence tax, both basic and additional; 5. the tax on motor vehicle used for personal purposes; 6. the immigration tax; 7. firearms license fee; 8. hunting permits; and 9. social security contributions, both of
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International Taxation Tax treaties are bilateral agreements between countries. The purpose of bilateral tax treaties is typically expressed to be “the avoidance of double taxation and the prevention of fiscal evasion.” As most countries contain within their domestic law provisions to prevent double taxation of their residents where another country taxes the same income on a source basis, the main operation of tax treaties in this respect is for other types of double taxation that can arise
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Philippine Tobacco Taxes Summary It is globally known that the Philippines is one of the most significant largest consumers of tobacco in the Western Pacific Region of the world. The high demand of tobacco use has constantly increased for many years and significant numbers of Filipino youth are smokers. In effect to the high levels of tobacco use, the Philippines had considerably facing adverse health issues and economic consequences from tobacco. With the current low tobacco product taxes and
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POE -help the private sector formulate an industrialization and it plan, so that there would be more ‘made in the Philippines’ products. -strengthen the “study now, pay later” program. -give farmers their own land, boost irrigation and push for mechanization, and look for a program to make fishing, farming and livestock propagation profitable for the farmers and the youth. - look for ways to lower power costs and resolve the frequent brownouts in Mindanao. And find ways for the development
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Revenue Code as amended by R.A. 8424 or other laws. Transparency Seal Pera ng Bayan Website : http://www.bir.gov.ph HEADED BY : Kim S. JacintoHenares Commissioner Address : BIR National Office Bldg., BIR Road, Diliman, Quezon City, Philippines Telephone : (632) 9210430 (632) 9817113 Fax : (632) 9251789 Email : contact_us@cctr.bir.gov.ph BUREAU OF CUSTOMS (BOC) As mandated by Section 602 of the TCCP; Assess and collect lawful revenues: 1) Prevent smuggling and
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