Tag: rr 16-2011

If you dont understand VAT on real estate, don't give up... read and learn!

What you need to know about Value-Added Tax (VAT) on the sale of Real Estate

A lot of people have questions on taxes, including Value-Added Tax or VAT[1] on the sale of Real Estate[2], so I will try my best to explain it as simply as ...
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Threshold for VAT exemptions to be increased effective January 1, 2012

Threshold for VAT exemptions to be increased effective January 1, 2012

The BIR has released Revenue Regulations (RR) No. 16-2011 (posted at the BIR Website) dated October 27, 2011 which increased the threshold amounts for VAT ...
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