The manufacture of goods and exploitation of resources in the Philippines for sale to other country's put it in a position to be able to trade with other country's for goods that are not available locally.
taxes that government implement like the useless and pointless EVAT. Which causes higher prices on basic needs of man like oil, food products like canned goods. If EVAT would be removed as well as the current corrupt government in the Philippines small business will have a great chance of developing. But as long as there's determination hope never runs out.
gago ang evat ^_^
According to Dimaampao (2005), "taxation is a mode of raising revenue for public purposes. It is not given voluntarily, but is implementing by laws. The people are obliged to pay taxes in proportion to their income or some other source. A good example of tax is the Expanded Value-Added Tax (EVAT), which was fully implemented last November 1, 2005. Expanded Value-Added Tax (EVAT) from the definition itself is a value added tax that increases in its scope. It simply means the increase of tax, which is being paid by the people. This is where the government gets the fund for its program for the country. This law extends the tax base to include the fuel, electricity and transport industries. However, the old value added tax (VAT) law covered most food industries. Compared EVAT with the old one, EVAT increased the tax at rate of 12% unlike the VAT, which is 10% only.
what are the microeconomics problems in philippines
The manufacture of goods and exploitation of resources in the Philippines for sale to other country's put it in a position to be able to trade with other country's for goods that are not available locally.
Sin tax law imposes taxes on goods considered harmful to health or society, such as alcohol and tobacco. EVAT law pertains to the value-added tax system implemented on the sale and consumption of goods and services in the Philippines. While sin tax focuses on specific products, EVAT is a general tax on a wide range of goods and services.
taxes that government implement like the useless and pointless EVAT. Which causes higher prices on basic needs of man like oil, food products like canned goods. If EVAT would be removed as well as the current corrupt government in the Philippines small business will have a great chance of developing. But as long as there's determination hope never runs out.
Expanded Value Added Tax
gago ang evat ^_^
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According to Dimaampao (2005), "taxation is a mode of raising revenue for public purposes. It is not given voluntarily, but is implementing by laws. The people are obliged to pay taxes in proportion to their income or some other source. A good example of tax is the Expanded Value-Added Tax (EVAT), which was fully implemented last November 1, 2005. Expanded Value-Added Tax (EVAT) from the definition itself is a value added tax that increases in its scope. It simply means the increase of tax, which is being paid by the people. This is where the government gets the fund for its program for the country. This law extends the tax base to include the fuel, electricity and transport industries. However, the old value added tax (VAT) law covered most food industries. Compared EVAT with the old one, EVAT increased the tax at rate of 12% unlike the VAT, which is 10% only.
metallic depositsmap of the Philippines
The official name of the Philippines is the Republic of the Philippines.
The Philippines does not have counties; instead, it is divided into provinces.
In the Philippines, "Philippines" is spelled as "Pilipinas" in the local language, Filipino.
philippines