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Philippines Tax System - Papers

Philippines Tax System

Introduction to the tax system

The laws governing taxation in the Philippines are contained within the National Internal Revenue Code. This code underwent substantial revision with passage of the Tax Reform Act of 1997. This law took effect on January 1, 1998.

Taxation is administered through the Bureau of Internal Revenue which comes under the Department of Finance. The chief executive of the Bureau of Internal Revenue is the Commissioner who has exclusive and original jurisdiction to interpret the provisions of the code and other tax laws. The commissioner also has the powers to decide disputed assessments, grant refunds of taxes, fees and other charges and penalties, modify ...

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Philippines Tax System. (2012, June 14). Retrieved December 23, 2024, from http://www.essayworld.com/essays/Philippines-Tax-System/101153

"Philippines Tax System." Essayworld.com. Essayworld.com, 14 Jun. 2012. Web. 23 Dec. 2024. <http://www.essayworld.com/essays/Philippines-Tax-System/101153>

"Philippines Tax System." Essayworld.com. June 14, 2012. Accessed December 23, 2024. http://www.essayworld.com/essays/Philippines-Tax-System/101153.

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PAPER DETAILS

Added: 6/14/2012 03:49:32 AM
Submitted By: dodimonz
Category: Government
Type: Free Paper
Words: 132
Pages: 1

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