Unknown Story
نص القصة المصورة
- Evolution of Philippine Taxation
- Sis, can you tell me a story about evolution of Philippine taxation?
- oh, yes of course evolution of Philippine taxation is.....
- Taxation in Spanish Philippines
- Taxation under the Americans
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- Taxation on Commonwealth period
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- 1884, the payment of tribute was put to a shop because of a “cedulla” taxation in the Philippines during Spanish colonial period was characterized by a heavy burden place.
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- Post-independence Period
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- From 1898 to 1903, the Americans followed the Spanish systems oftaxation with some modification, late on the Urbana would be replace by tax onreal sate which become known as land tax.
- So that's what happened. Now I understand thank you for sharing your knowledge classmate.
- Do you understand now classmate?
- In 1937, the cedula tax war was abolished, which prepared to be aprogressive move, but in 1940, a residence tax was imposed on every citizens aged18 years old and on every corporation. In 1939, the commonwealth drafted the NationalInternal Revenue.
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- A major reform in the tax system was introducedunder the form Aquino, the value added tax (VAT). Now, under Duterte Administration he vowed to lower income tax rates shouldered by working Filipinos.
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