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The policy of taxation in the Philippines is governed chiefly by the Constitution of the Philippines and three Republic Acts. Constitution: Article VI, Section 28 of the Constitution states that "the rule of taxation shall be uniform and equitable" and that " Congress shall evolve a progressive system of taxation ". [1] National law: National ...
The Tax Reform for Acceleration and Inclusion Law (TRAIN Law), [1] officially designated as Republic Act No. 10963, is the initial package of the Comprehensive Tax Reform Program (CTRP) signed into law by President Rodrigo Duterte on December 19, 2017. [2]
The underemployment rate eased to 26.2 percent in 2012 from 28 percent in 2010, but is still much higher than the end-of-plan target of 20 percent. Employment in the region has increased by 2.79 percent between 2010 and 2012, a bit higher than the national average of 2.16 percent.
Fifty pounds (United Kingdom) Value: £50 sterling Width: 146 mm: Height: 77 mm: Security features: See-through windows the larger one with the King's/Queen's portrait a maroon border on both the front and back, with gold and green foil squares on the front and silver foil squares on the back, the image squares on the front changes between a '50' and a '£' symbol when the note is tilted ...
The Proclamation of Independence on June 12, 1898, as depicted on the back of the Philippine five peso bill. Independence was proclaimed on June 12, 1898, between four and five in the afternoon in Cavite at the ancestral home of General Emilio Aguinaldo in Cavite el Viejo (present-day Kawit), Cavite, some 30 kilometers (19 mi) south of Manila.
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