How the Philippines earn money?

Answer 1

You mean how the PHILIPPINE >>government<< earns money?

Just like any other country

Trade tax.. everything that goes

inside Philippines or out of the Philippines

is taxed and tax will go to the government

Examples are Cars from other countries

or Food products that Philippines is selling to other countries

they are all taxed.. and the tax goes to the Philippine government

For example 10,000 pieces of cars.. goes to Philippines this year

The government will impose tax to these. and since they are from

Another Country they will tax them higher.. than how they get tax

from products going out so that they will be in favor of local economy

Labor tax.. the people for example if an office worker earns $500/month

in a company part of it will be taxed and will go to the government

so if you are working in Philippines and your employer tells you can earn

$500.. expect part of it maybe 10% would go to the Philippine government

Goods tax.. In Philippines every goods like products consumable drinks

food.. has Extended Value Added Tax.. a $0.5 drink.. around $0.1 will go to the

Philippine government

Airport tax.. the Airports are mostly owned by the government

each time you use the Airport you pay $9 or $10 and that money

goes to the government.

Seaport tax.. everytime you use seaports you pay

Enterprise tax.. every businesses or company in Philippines

has income tax.. if a Company lets say earns $1 million

then part of that will go to the Philippine government depending

on their rules

TO SUM IT UP

Any country in the world.. gets their money

from TAXES from people.. or goods.. or transactions.. or businesses

or transport