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Guidelines for Business Tax on Banks by Anonymous zDh9ksn is a document available to read on EtoBox.

What is Guidelines for Business Tax on Banks about?

This document outlines guidelines for municipalities and cities to impose business taxes on banks and other banking institutions according to the Local Government Code of 1991. It defines what entities are considered banks or banking institutions. It specifies that the tax can be levied on gross receipts from the previous year at a rate not exceeding 0.5% for municipalities and 0.75% for cities. It provides details on what income sources are included in gross receipts and the procedures for enacting tax ord

Author

Anonymous zDh9ksn

Language

EN