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National Internal Revenue Code of 1997 (as amended by the TRAIN Law, RAs 11256, 11346 and 11467) Today, how to comply with the new tax law remains the objective and concern for taxpayers in general.
The power to interpret the provisions of this Code and other tax laws shall be under the exclusive and original jurisdiction of the Commissioner, subject to review by the Secretary of Finance.
NATIONAL INTERNAL REVENUE CODE OF 1997 As amended by Republic Act (RA) No. 10963 (TRAIN), RA 11256, RA 11346, RA 11467 and RA 11534 (CREATE) TITLE I ORGANIZATION AND FUNCTION OF THE BUREAU OF INTERNAL REVENUE (As Last Amended by RA 10963) [1] SEC. 1. Title of the Code. - This Code shall be known as the National Internal Revenue Code of 1997. [2 ...
tax of thirtyfive percent (35%) in 1997, thirtyfour percent (34%) in 1998, and thirtythree percent (33%) in 1999, and thirtytwo percent (32%) thereafter on corporations and the fifteen percent (15%) tax on dividends as. provided in this subparagraph (c)Capital Gains from Sale of Shares of Stock.
Consolidated version of the Code as of 26 March 2021 containing the amendments made by the Republic Act (RA) No. 10963 (TRAIN), RA 11256, RA 11346, RA 11467 and RA 11534 (CREATE).
This document summarizes key sections of the National Internal Revenue Code of 1997 in the Philippines. It outlines the organization and functions of the Bureau of Internal Revenue, including its powers to interpret tax laws, obtain information, summon individuals, conduct audits, make assessments, and prescribe real property values.
NATIONAL INTERNAL REVENUE CODE OF 1997. Republic Act No. 8424. SECTION 1. Short Title - This Act shall be cited as the "Tax Reform Act of 1997". SEC. 2. State Policy.
