Sorry to be the bearer of bad news, but we all saw this coming. Not long after the imposition of […]
Homeowner’s association dues now subject to income tax and VAT (RMC No. 9-2013) Read More »
The Bureau of Internal Revenue (BIR) has just released Revenue Memorandum Circular (RMC) No. 65-2012 which clarifies the tax treatment
Tax update: Condominium association dues are now subject to VAT Read More »
If you are thinking of buying adjacent residential properties, you better read this. The Bureau of Internal Revenue (BIR) has
A lot of people have questions on taxes, including Value-Added Tax or VAT[1] on the sale of Real Estate[2], so I
What you need to know about Value-Added Tax (VAT) on the sale of Real Estate Read More »
The BIR has released Revenue Regulations (RR) No. 16-2011 (posted at the BIR Website) dated October 27, 2011 which increased the threshold
Threshold for VAT exemptions to be increased effective January 1, 2012 Read More »
Assuming that you already have a property which you intend to sell or lease out, it is important to know
Save Money On Taxes: Exemptions From VAT On The Sale And Lease Of Real Estate Read More »
