eFPS is different from eBIRForm. eBIRForm is an application or software you download in the website of the BIR, www.bir.gov.ph. Filing of taxes happen in the BIR application. In eFPS, you … [Read more...] about Who are Mandated to File and Pay through eFPS?
Reliabooks
What are the Allowable Deductions in the Gross Estate under TRAIN Law?
This is a follow up article of my blog post “Estate Tax in the Philippines under Train Law”. You should read this if want to know what are the Allowable Deductions in the Gross Estate of … [Read more...] about What are the Allowable Deductions in the Gross Estate under TRAIN Law?
Estate Tax in the Philippines under Train Law
Death is inevitable. And so are taxes. Did you know? When someone dies in your family. All his or her properties will be transferred to the rightful beneficiary or his or her heirs. But … [Read more...] about Estate Tax in the Philippines under Train Law
Donor’s Tax in the Philippines under TRAIN Law
This guide is for the people who wants to know the updates in Donor’s Tax in the Philippines under TRAIN Law. You should read this if you can see yourself donating properties in the … [Read more...] about Donor’s Tax in the Philippines under TRAIN Law
Withholding Tax on Professional Fees under TRAIN Law
Did you know that payments to Professionals are subject to Expanded Withholding Tax? That means, if you pay services of self-employed professionals, you need to withhold tax from them. Failure … [Read more...] about Withholding Tax on Professional Fees under TRAIN Law