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What is Income Tax about?

Income Tax is levied on various forms of income, including compensation and business profits, as outlined in the Tax Code of 1997. Individuals and corporations, both resident and non-resident, are required to file income tax returns, with specific rates and procedures depending on their income sources. The deadline for filing annual income tax returns is on or before the 15th day of April each year, covering the previous calendar year

Author

Jay ar Parreno

Language

EN