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Double taxation is just one of the many issues surrounding the Philippine tax system. Problems with our tax system, however, appear to be more related to collections. According to Benjamin E. Diokno, professor of economics at the University of the Philippines, the biggest contributor to the country's fiscal crisis is the progressive decline in the tax effort and the growing unresponsiveness of the tax system to changes in economic activity.
Mr. Diokno describes our present tax system as "low yielding, complicated and inflexible". In his opinion, our tax system needs a major overhaul, not just some minor tinkering.
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What is the old taxation in the Philippines?
pablo baltazar
What are the advantages and disadvantages of expanded value added tax in the Philippines?
the advantage of Tax law in the Philippines ,is that it helps too generate all the programs of the government that benefits the community too.... the Disadvantage is when the government tries to implement this taxation the income of each persons decreases including Alipe
What is the purpose of income tax in the Philippines?
The main purpose of our government in imposing taxes is to raise fund enable for them to work, because taxation is the strongest power of the government and therefore, it is highly needed by them.
How VAT is related to canon of taxation?
How VAT is related to canon of taxation
What is the primary purpose of taxation?
The purpose of taxation in general is for the government to raise money.
Is double taxation allowed in the Philippines?
yes.
What is the old taxation in the Philippines?
pablo baltazar
What is the history of the land reform with taxation in the Philippines?
tang ina mo
Process of taxation here in the Philippines?
The process of taxation in the Philippines involves collecting taxes on the sale of products, income, and property. Each time it passes through a person or company's possession it is again taxed.
What power cannot be delegated in the Philippines?
Under the Filipino Constitution, taxation is a power that cannot be redelegated.
What is the recommendation in the poverty in the Philippines?
Programs are recommended to reduce poverty levels in the Philippines. Revenue fund raisers and increased funding methods are other recommendations used to combat the issues.
Inherent powers of a state in Philippines?
Police Power Power of Eminent Domain Power of Taxation
What is the recommendation in biag ni la ang?
"Baiag ni Lam-ang" is an epic poem from the Philippines that depicts the heroic adventures of Lam-ang. The poem highlights themes of bravery, love, and loyalty. The recommendation would likely be to appreciate the rich cultural heritage and storytelling tradition of the Philippines through the epic poem.
What is the economic status of taxation in the Philippines?
simple lang madami kc kurakot kaya tumataas ang tax natin...
Advantage and disadvantage of taxation in the spanish colonization?
Taxation in the Spanish colonization greatly improved the production and quality of food and resources the Philippines had to offer. This proved to be a major advantage in the growth of the country, as it gave them the ability to sell to other countries such as China. One disadvantage was the fact that the Philippines did not have a large source of resources and their farming lacked structure, leading to some instances of low production.
What are the advantages and disadvantages of expanded value added tax in the Philippines?
the advantage of Tax law in the Philippines ,is that it helps too generate all the programs of the government that benefits the community too.... the Disadvantage is when the government tries to implement this taxation the income of each persons decreases including Alipe
What is the purpose of income tax in the Philippines?
The main purpose of our government in imposing taxes is to raise fund enable for them to work, because taxation is the strongest power of the government and therefore, it is highly needed by them.
