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What are the advantages and disadvantages of evat in the 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.
What is the common problem of small business in the Philippines?
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.
What are the advantages of Economic Value Added Taxes?
gago ang evat ^_^
What is extended value added tax?
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 is economic stability of the Philippines?
economic stability of the philippines
