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Guidelines for Local Business Tax on Banks by Nana Hana Kamid is a document available to read on EtoBox.

What is Guidelines for Local Business Tax on Banks about?

This document outlines guidelines for municipalities and cities to impose business taxes on banks and other banking institutions pursuant to the Local Government Code of 1991. Some key points: - Banks and banking institutions are subject to business taxes on their gross receipts by municipalities (up to 0.5% rate) and cities (up to 0.75% rate). - Gross receipts include interest from loans, rental income, dividends, and other sources. Credit card companies

Author

Nana Hana Kamid

Language

EN