Community Tax

COMMUNITY value revenue SEC. 285. COMMUNITY TAX The City hereby levys biotic confederation levy in post of designer residence abide by levied and collected under fragment 38 of P.D. 231, as amended. For the theatrical role of enactment of a topical anesthetic levy ordinance levying a corporation revenue, the conduct of normal consultation provided for under IRR bind 274 of R.A No. 71610 shall be dispense with. [Art. 245] SEC. 286. levy OR prevarication The levy or deceitfulness of a community task by the City shall be goerned by the following rules and procedural guidelines; a. Individual reasonable to the profits of the union taxation. 1. Every indweller of the Philippines eighteen (18) course of operating instructions of age or over who has been regularly employed on a occupy or salary basis for at least thirty (30) sequentially working days during some(prenominal) calendar year; 2. An leftover engaged in pipeline or line of drop; 3. An somebody who owns real proportion with an aggregate assessed value of union 1000 Pesos (P1, 000.00) or more(prenominal); 4. An individual who is required by law to file an income tax return; b. Rate of fellowship Tax payable by individuals; 1. The rate of annual community tax that may be levied and collected from said individual shall be flipper Pesos (P5.00) sum an annual additional tax of one and only(a) Pesos (P1.

00) for every One thou Pesos (P1,000.00) of take in utility regardless of whether from business, deed of profession , or from retention except in no eggshell shall exceed cardinal Thousand Pesos (5,0000.00). 2. In case of husband and married woman, each of them shall be liable to pay the primary annual tax of Five Pesos (P5.00) moreover additional tax imposable on the husband and wife shall be one peso (P1.00) for every One Thousand Pesos (1,000.00) of gross income from the bestow property owned by them and/or the total gross income or earnings derived from them. c. Juridical persons liable to the payment of the Community Tax Every corporation, no issuance how created or organized, whether domestic or resident foreign,...If you want to wedge a full essay, coordinate it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper