ZAE ZACIANE S- BeidAs Some 2-5 ASSIGNMENT 2 1) Administrative Providions 09 Individual income Compliance Requirements | Any merdwant or loxiness orga 5 ia whabever form er ature, ie Wable for any % ME national tox as provided for by +e Tax Geile are mandated to OmelY to the -AMlowrng ? © Fegictratvon swith Me Bureau op Iatemal Pevenve © Keeping of accounting books) records © Ascuane oF ames invotee amd ppicial receipts © Fling @ taK_retvens ard) poymentr OF relaked taxes Fedonc Requred te BI Tneome TA Rerine: goureez th and 9 out othe Philippines . moitippine ¢ foriuinls Ancome from © Treme fru sources within tne Thiligpines up Mlipine Gihzens residing, ovistde +he Philippines , © _Breame |_deetved®s within s the mrilippines OF every ces dent aiven . © Aneme aenved ee within the Philippines 0 even) ron- resident alien engaged. in trade, ‘buiness, oF sree whe are prackcin Prtie, proFestion - ° naiaual whose. ae income nae been corer) venta io © raiviavat __ whore income nas Veen bjteped + final witnnading Wreome tax @ raividvads erempted fren fling puauant +2 the Tax code are! Avec \ous - , a ——o Where to) Ble Income Tax tems a4 Fay Inwme Taxes! wow -catenhon agent or ay authorized ear qe 7 Fre place where Tg the. re tenpayer resides indpal lave ve op bisiness Pa w> placer op residence” payment and tiling dha eevimade te ’ She main qeree op the. BIE Gxnmiccioner . . iter to) File Intume Tk. fetus and Pay \nome Taxes fo teqilan ting © Prnval timated Income Tax fet for self-employed areliiduale a. of or vefore Perl IS op the came “taxable Year, by Hat inchaliment #25 %lo og dre eghimated income dan due gran ve path on ur bere April 15 ua te Sore Year ap Aedlaention- 2rd ecralimert + 25% op eftimated Ineomeran Adve shal) ve pal on oe vere Auguch 15 ys $ s : are fame curren spears FRA treatment + 25%lo op estimated ioame tag dave ural be pald on oy vehre Noember 15 oF He oxHme wrrent year + , ___Ain_Enstatimact Galante” ater’! te) creditrvo tdalts be pata ie oe before pal (Sg he AMawIng, “calendar yeas . wien? the: final adwal! yearky iname tax rehen ie dee piel vec ed/ : —— s wie eevee equiation No- poles ae reiterated tre aS) on a quately basic -_& Pesuibe — date or Speeds ¢ ¥ © Awt qvartec ive (3menins) - 0 ~ vetore May \5 op the werent year © cuond quarter TTR (4 montis) = 07 on hepa August 15. oF #NS Curren Year @© Ted quarter TTR (@ months). en or before November 15 op the eorrent ‘year _ Oh _erployeee Deriving » artistes Genpensahion Tneorne. Woe yearly inure, tax | ret ral be filed on oF Op tne ANtowing year Pe a ik cd Sale 92) Foperty Clastiged as Capit _@ Beal \nvome_ tax Reto 30 days a ead seontachon WRMETA shal ve filed within | (cate og trans op storks in a Amestion corpembion n& \ietedl ne tre) PSEDO Ord a canson Aatea fina) incore tae eter in cern tects ort me Red, ara tre Final) income Paks seat be paid upon filing Lon on “bebure FR (SH day cee He forth monty are Rmowl9 Year wre toys return an cayitall gains realized from teal grperty located in He Philippines, herd ar pate. led . ara the tral peyhtn Tconctekered we ie Subcti te rem a6 tog te tHE hmbin provided in hic Rgviar Inume tay retim ik the came in the employer annua)© Percons Gualifed fy SubcWwhed Filing ap Incune Tax Water Wweaglies only +e lndividuale whos © Pewived purely — campenyation income, ©. Received Income, trom arly. one employer << ® We employer cerectly withheld Phe incarnate clue A) Wisfher spare also Cumpld with Hae three requramente abow © wy fner emplyer filed He anmal infrmation | retven QD Wefher employer! issued hier] her caples gp BIE Fev 2B)ip © Perons not qualified for Substituted Piling up income Ta Returns © Pegons who reeeve _ Conpencation incume frm two or mene emphryers wel Suweccvely or einy Hiroe luring the tebe year © When tee tocame tax we is nd equal cto the 1eeorne erg withheya: , regardicee qb amount ‘whether fren a ingle several ernplojert © Tre individual's monthly grocs cmmpensertion income loas 90% exceed fre thavcard pecos ur the Minimum wage whichever Ye higher, ard cpled for’ nem-withhading Sp 4a% on gaj cl Inenme . ®_Andividvak who reveiyed Hon boycinecs | non-erfescianal, or fan~ trade (name fo faddihon to the campervertion IPH™ME and Wherwiye Av» a +» Gn indume tay. © wr Pnaividwal derived prey eampentation incume fren ot smaghe employer Alinough the Weome +n" Wag © been carrey withineld , but Those whore — Spaye U6 nom voHHed +0"4e sunctitvied ie Fling o% Te. | © Me frdivaval is a non-resident alten 9aged in rite oF bBingse Toshi Philippines - whose Income are purely carpentartron Seong amd net wwstieds” a protesciann| "elated!sree ond Tre & Payment : ~ wey a as ye Ble y Ble system % ar @_WSllent Payment o Bacic Thame Ta ae a w wren +e pasic iname 16 moran: TAS Col se Wkpajer Grer than am non-resident alien may elect + pry Fee FAK in two equal installments + a. Ast indatiment, A the fime cp oe op the Ire. e+ Second installmest | on or bere Otover '5 Following, He doe ge calendar years PAA te C+ 7e whole- amonit biomes due sand demardable together _ : with she penalties Ineorredl ip ary lnchillment ened patel tele marpoayeymert es « ® pmended intome Tay Zervin Ww lndividval TTR may be amendtal on any day Within 3 jean Frm are filing op rtiven or fam te Vist day prescribe by law Rr _ tre Fiieg oF TTR: except wens 2+ were 9 fur 4K abit or examination shia been senveet and the AS Sescmerrk ana aennAn: A, wie he, een seneel + ite Por “Fiteg ana onan schon Be Ww PR may grarh extension Br filing Ge TTR ana He Payment Fredy, der a wertoviong sttuahten wfermns Vnder Disability bees Ww Peers with disability who vemarted widow Bivercee, smonted \eqaly — Seiparated) \natvidun) iY 2 single person who Vac at \eyst une Gvaltficel deperient ® Maried 7 Indindual who te legally — arvied to andtrer pan. mete elt oat aamacciesia ed vist call cepaRare cpowd wrdyye a aU oraler « © Mamed legally diwyved sy Newall rnawrireh two} toperdnd frie MPOWE by yay oF Hert Or aah ders CLASSIFICATION OF INDIVIDUAL TAX PAYERS Ospecta) Indiwdval TaxPayerc ww indvidvale ushore (nena town te Povivepines are towed at the pre fereritial chrgle om Plot fev rates ay Non ~ resident mites 0% engaged (0 Bviinecs 10 the Prili ppl nee i 4) Steciad Pitenc or Hilibiho Beplyees Coney | ©) Minivwm Wage Bammer @ordinary trdivrdunl Taxpayers w Wepe woe income fryer the PHIM ore tated at the graduated patie netic tm. thee oF ty 35% jad are required te fle ther ince GK returee a) Resident ithen (ec) ¥) Resident plren (en) 9 remorsideny cinen (vee) 4) pwrcreident alten Ergaged im Butnese, (9 the Mlterines PEFSINE coNIDERED TIZENS ¢ © Natvral born otirens up the Philippines @® Natyraltred citrene oe he Philtopines ® citizen gp Me Philippines ar the tite op the aduption up Phikepine Contitytion ® pecone Whe erected ehiippine citrrendolp punvant to the proicien «up the, sas tvtien «PEESoNe NOT ONSIDEPED NoN-PESIDENT ciTlZEns J Bon Sch Dmg op the Philigptnes who ectabitshes ty dee ‘catctadhon op we BI Serta Ane Rade oF bis prea PELE aerond with 4 definite intention ro @ & Anen op tre Ailipplnrs who \eaves te Prilipeines during the Farable Year spo reside abroad + ®a cdithen ge tre enieptnes who works) and derives incrme Fren abroad ae whore employment theceat cequires him te physimbiy — present abroad malt gp the time duting tre taantie Year. Ptinesunti) +e ate ae he M Non-resident piien Ww 90 individual whore readence ie ot within tne thillppinee ond 3 ak 4 thren there | m= regdent Alpen “Engaged 10 Burnes in the. Fhiligpiac, © Pm individual who te nd 4 atizen vp tre Philippings ard ty ndha Felder anereop lor as A. sie -peeseranic Wwrines stablidhed ad @ 4 Ayoseea sean and ray thevin for an aggre peviod “Pere tran > Per atcidiens, hy rE x0 noes FORMS OF BUSINESS ORGANIZATION — , @ Me-pepretorchio refer tog HOT business ecgpntentien where cumerstiip nest. enkinthy upon one fs @ tecenthty Ww Reka tye fee bstvee segantanhion Shere aumeahio Peek “enindy uo dwo or Move Individwals who agree + =—® corporation refed dag fun op basinece arapnizakion (nao porabed uncer Ke canpurntiin law ard whore capita\(aahion 4. dewided inte or evidenced by. heres op stocks, © Genera) Rrdples oF Tocome Taxation for \ndividuals GS restart ohne @ tre Philigeines taxable on alll inawne Periced tom covrnee within ang wnthouk the Philippines , ne atten v taxable omy en treme cherved “from @ fn WnaiAva\j.airenva vio fee! waking arduadeniving-tncone: from abrone 1c taxable only On {heome Gom sources within the, yatable oh Inceme derived fren SOvwee within the Philippines . Order op Prinity 1 Compliance : mm case GF amPicr beiween GPAP ard Tax Laws, tax lave hall prevail 2) En case up Ambler Velween Higher curtis clecieton aad the Tax Code, tre costs ded sion’ tral grevai | BY tH 2A J cmb Vee © an’ tnherrintiial “lay sorvtreaty and sre Prilvppinds Tax Lars | then the \ateeratrona) heeahy ra lai shay prevail « 3) Taxable Iname g wdividuale vy Taxable Income the pertinent heme op ws gress (nome cpectped: i9 the TH Code hese becworions Quinenzed to such dypes ox special Laws. Se FON oF income by We TH, tole © Special Indi vtduxs| Taxpayers 7 usvally tted ab the preterentsal Single Boe 25%! aed EN ARIE Ammble Aretejncome wittnin the Philippines » ordinary yediviual Taxpasyere | required to Fle 4 reir , Wal vidoal aax_retvene end are torrmily “Pred at the graduated or yrescive. hens, trates = 0% 0 35% ro en their Aerxabte Pct \nasme , Rae eeee * Jee 4) True Tat fr eesideht Ghzens "Cee A Gasig Tnumne Tax for Tesidents crhzeng © Resident arrenc salve aed 9% Me _Amdnted /ipequiar_\oceme t9% rates vp 0% +o 35%, bared on hee nef Income derived frm Aree Suwves within ahd wine the | Philippines, © Me arabe wok tname World ts determired by dedaring the Srnnt oe grets_inume , whether campensatiun Iname are her (pemee earned _nbnin ard vdtnevt the Philippines and Smdting therefrom ape amarts up e allawed Be Aacns 1 Pinal Inasme Tax fr Reptdent citizen Wenerapted 49m — groge iMamme campubntion jn Pudinece In the Piliegines enact _ cteane Gee) B-Tax un resident aliens non- reddent a 2eng , and _cun-resideny ers Srgages RASS AUN MceRmcisieriareraliganbuoletaaeer, ‘ Tn. Tanabe Wwe Hume. is. chetermmined bY cledeting nine dedoctior ra as wosirecs expenses fen smo gr home dedared Bt ssa\rurm). 3 Sane Taxation pe Be rr at ioe Tox en Nenmresidens aire On case lo wes BFW) \rome tan fr etait Bie Special Fiten er Flipine Employees (20r% gee Nicene? 48 Fectal iene or BMP Empintse, * F ghaly be trey oth alo mie 1B bated myn __ their. scotie 5002 state —__B- Frat Ware Tax’ for Geet: C+ Shame Pxemeh tom We ‘Bitens op ® piro oyee x fer Hetin| aWwen [B\ieine Employees. "© Fume Siem 40 os Basie “tntame ae CBTY _@ treme Shejeehs ten pITA frend” Ve CID) w oye to He aieperent single Fea meme +m rates eM aeerececak Meret Sain Ame @ were Exempt fon \eeome ae Ore w ioome Theme vent are KEM Fae Maividin} \otme 3