TAX ESTATE AND DONOR’S TAXES CHAPTER I – ESTATE TAX SEC. 84 Rates of Estate Tax . – There shall be levied, assessed, collected, and paid the transfer Of the net estate as determined in accordance with section 85 and 86 of every decedent, whether resident or nonresident of the Philippines, a tax based on [...]
TITLE I ORGANIZATION & FUNCTION OF THE BUREAU OF INTERNAL REVENUE SECTION 1. Title of the Code. – This Code shall be known as the National Internal Revenue Code of 1997. SEC. 2. Powers and duties of the Bureau of Internal Revenue. – The Bureau of Internal Revenue shall be under the supervision and control [...]
Republic Act No. 8424, as amended AN ACT AMENDING THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED, AND FOR OTHER PURPOSES Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled: SECTION 1. Short Title – This Act shall be cited as the “Tax Reform Act of 1997“. SECTION 2. [...]
