Saturday, January 16, 2016
Friday, January 15, 2016
Thursday, January 14, 2016
Wednesday, January 13, 2016
Monday, January 11, 2016
Sunday, January 10, 2016
Saturday, January 9, 2016
TITLE VII - DOCUMENTARY STAMP TAX
TITLE VII
DOCUMENTARY STAMP TAX
(As Amended by RA Nos. 9243, 9648, & 10001)
(As Amended by RA Nos. 9243, 9648, & 10001)
SEC. 173. Stamp Taxes Upon Documents, Loan Agreements, Instruments and Papers
SEC. 174. Stamp Tax on Original Issue of Shares of Stock
SEC. 175. Stamp Tax on Sales, Agreements to Sell, Memoranda of Sales, Deliveries or Transfer of Due-bills, Certificates of Obligation, or Shares of Certificates of Stock
SEC. 176. Stamp Tax on Bonds, Debentures, Certificate of Stock or Indebtedness Issued in Foreign Countries
SEC. 177. Stamp Tax on Certificates of Profits or Interest in Property or Accumulations
SEC. 178. Stamp Tax on Bank Checks, Drafts, Certificates of Deposit not Bearing Interest, and Other Instruments
SEC. 179. Stamp tax on All Debt Instruments
SEC. 180 Stamp Tax on All Bills of Exchange or Drafts
SEC. 181. Stamp Tax Upon Acceptance of Bills of Exchange and Others
SEC. 182. Stamp Tax on Foreign Bills of Exchange and Letters of Credit
SEC. 183. Stamp Tax on Life Insurance Policies
SEC. 184. Stamp Tax on Policies of Insurance Upon Property
SEC. 185. Stamp Tax on Fidelity Bonds and Other Insurance Policies
SEC. 186. Stamp Tax on Policies of Annuities and Pre-Need Plans
SEC. 187. Stamp Tax on Indemnity Bonds
SEC. 188. Stamp Tax on Certificates
SEC. 189. Stamp Tax on Warehouse Receipts
SEC. 190. Stamp Tax on Jai-Alai, Horse Racing Tickets, lotto or Other Authorized Numbers Games
SEC. 191. Stamp Tax on Bills of Lading or Receipts
SEC. 192. Stamp Tax on Proxies
SEC. 193. Stamp Tax on Powers of Attorney
SEC. 194. Stamp tax on Lease and Other Hiring Agreements
SEC. 195. Stamp Tax on Mortgages, Pledges and Deeds of Trust
SEC. 196. Stamp tax on Deeds of Sale and Conveyances of Real Property
SEC. 197. Stamp Tax on Charter Parties and Similar Instruments
SEC. 198. Stamp Tax on Assignments and Renewals of Certain Instruments
SEC. 199. Documents and Papers Not Subject to Stamp Tax
SEC. 200. Payment of Documentary Stamp Tax
SEC. 201. Effect of Failure to Stamp Taxable Document
Friday, January 8, 2016
TITLE VI - EXCISE TAXES ON CERTAIN GOODS
TITLE VI
EXCISE TAXES ON CERTAIN GOODS
(As Last Amended by RA Nos. 9224, 9334 & 9337) [88]
(As Last Amended by RA Nos. 9224, 9334 & 9337) [88]
CHAPTER I
GENERAL PROVISIONS
SEC.129. Goods subject to Excise Taxes
SEC. 131. Payment of Excise Taxes on Imported Articles
SEC. 132. Mode of Computing Contents of Cask or Package
CHAPTER II
EXEMPTION OR CONDITIONAL TAX-FREE REMOVAL OF CERTAIN ARTICLES
SEC. 133. Removal of Wines and distilled Spirits for Treatment of Tobacco Leaf
SEC. 134. Domestic Denatured Alcohol
SEC. 135. Petroleum Products Sold to International Carriers and Exempt Entities or AgenciesSEC. 136. Denaturation, Withdrawal and Use of Denatured Alcohol
SEC. 137. Removal of Spirits Under Bond for Rectification
SEC. 138. Removal of Fermented Liquors to Bonded Warehouse
SEC. 139. Removal of Damaged Liquors Free of Tax
SEC. 140. Removal of Tobacco Products without Prepayment of Tax
CHAPTER III
EXCISE TAX ON ALCOHOL PRODUCTS
SEC. 141. Distilled Spirits
SEC. 142. Wines
Sec. 143. Fermented Liquor
CHAPTER IV
EXCISE TAX ON TOBACCO PRODUCTS
SEC. 144. Tobacco Products
Sec. 145. Cigars and Cigarettes
SEC. 146. Inspection Fee
SEC. 147. Definition of Terms
CHAPTER V
EXCISE TAX ON PETROLEUM PRODUCTS
SEC. 148. Manufactured Oils and Other Fuels
CHAPTER VI
EXCISE TAX ON MISCELLANEOUS ARTICLES
SEC. 149. Automobiles
CHAPTER VII
EXCISE TAX ON MINERAL PRODUCTS
SEC. 151. Mineral Products
CHAPTER VIII
ADMINISTRATIVE PROVISIONS REGULATING BUSINESS OF PERSONS DEALING IN ARTICLES SUBJECT TO EXCISE TAX
SEC. 152. Extent of Supervision Over Establishments Producing Taxable Output
SEC. 153. Records to be Kept by Manufacturers; Assessment Based Thereon
SEC. 154. Premises Subject to Approval by Commissioner
SEC. 155. Manufacturers to Provide Themselves with Counting or Metering Devices to Determine Production
SEC. 156. Labels and Form of Packages
SEC. 157. Removal of Articles After the Payment of Tax
SEC. 158. Storage of Goods in Internal-revenue Bonded Warehouses
SEC. 159. Proof of Exportation; Exporter's Bond
SEC. 160. Manufacturers' and Importers' Bond
SEC. 161. Records to be Kept by Wholesale Dealers
SEC. 162. Records to be Kept by Dealers in Leaf Tobacco
SEC. 163. Preservation of Invoices and Stamps
SEC. 164. Information to be Given by Manufacturers, Importers, Indentors, and Wholesalers of any Apparatus or Mechanical Contrivance Specially for the Manufacture of Articles Subject to Excise Tax and Importers, Indentors, Manufacturers or Sellers of Cigarette Paper in Bobbins, Cigarette Tipping Paper or Cigarette Filter Tips
SEC. 165. Establishment of Distillery Warehouse
SEC. 166. Custody of Distillery or Distillery Warehouse
SEC. 167. Limitation on Quantity of Spirits Removed from Warehouse
SEC. 168. Denaturing Within Premises
SEC. 169. Recovery of Alcohol for Use in Arts and Industries
SEC. 170. Requirements Governing Rectification and Compounding of Liquors
SEC. 171. Authority of Internal Revenue Officer in Searching for Taxable Articles
SEC. 172. Detention of Package Containing Taxable Articles
Thursday, January 7, 2016
TITLE V - OTHER PERCENTAGE TAXES
TITLE V
OTHER PERCENTAGE TAXES
(As Last Amended by RA Nos. 8761, 9010, 9238, 9337 & 10001) [80]
(As Last Amended by RA Nos. 8761, 9010, 9238, 9337 & 10001) [80]
SEC. 116. Tax on Persons Exempt from Value-Added Tax (VAT)
SEC. 117. Percentage Tax on Domestic Carriers and Keepers of Garages
SEC. 118 Percentage Tax on International CarriersSEC. 119. Tax on Franchises
SEC. 120. Tax on Overseas Dispatch, Message or Conversation Originating from the Philippines
SEC. 121. Tax on Banks and Non-Bank Financial Intermediaries Performing Quasi- Banking Functions
SEC. 122. Tax on Other Non-Bank Financial Intermediaries
SEC. 123. Tax on Life Insurance Premiums
SEC. 124. Tax on Agents of Foreign Insurance Companies
SEC. 125. Amusement Taxes
SEC. 126. Tax on Winnings
SEC. 127. Tax on Sale, Barter or Exchange of Shares of Stock Listed and Traded through the Local Stock Exchange or through Initial Public Offering
SEC. 128. Returns and Payment of Percentage Taxes
Wednesday, January 6, 2016
TITLE IV - VALUE- ADDED TAX
TITLE IV
VALUE ADDED TAX
(As Last Amended by RA Nos. 8761,9010,9238,9337 & 9361)
(As Last Amended by RA Nos. 8761,9010,9238,9337 & 9361)
CHAPTER I - IMPOSITION OF TAX
SEC. 105. Persons Liable
SEC. 106. Value-Added Tax on Sale of Goods or Properties
SEC. 107. Value-Added Tax on Importation of Goods
SEC. 108. Value-added Tax on Sale of Services and Use or Lease of Properties
SEC. 109. Exempt Transactions
SEC. 110. Tax Credits
SEC. 111. Transitional/Presumptive Input Tax Credits
SEC. 112. Refunds or Tax Credits of Input Tax
CHAPTER II - COMPLIANCE REQUIREMENTS
SEC. 113. Invoicing and Accounting Requirements for VAT-Registered Persons
SEC. 114. Return and Payment of Value-Added Tax
SEC. 115. Power of the Commissioner to Suspend the Business Operations of a Taxpayer
Tuesday, January 5, 2016
TITLE III - ESTATE AND DONOR'S TAXES
TITLE III
ESTATE AND DONOR'S TAXES
CHAPTER I - ESTATE TAX
SEC. 84. Rates of Estate Tax.
SEC. 85. Gross Estate.
SEC. 86. Computation of Net Estate.
SEC. 87 Exemption of Certain Acquisitions and Transmissions
SEC. 88. Determination of the Value of the Estate.
SEC. 89. Notice of Death to be Filed
SEC. 90. Estate Tax Returns.
SEC. 91. Payment of Tax
SEC. 92. Discharge of Executor or Administrator from Personal Liability.
SEC. 93. Definition of Deficiency.
SEC. 94. Payment before Delivery by Executor or Administrator.
SEC. 95. Duties of Certain Officers and Debtors.
SEC. 96. Restitution of Tax Upon Satisfaction of Outstanding Obligations.
SEC. 97. Payment of Tax Antecedent to the Transfer of Shares, Bonds or Rights.
SEC. 85. Gross Estate.
SEC. 86. Computation of Net Estate.
SEC. 87 Exemption of Certain Acquisitions and Transmissions
SEC. 88. Determination of the Value of the Estate.
SEC. 89. Notice of Death to be Filed
SEC. 90. Estate Tax Returns.
SEC. 91. Payment of Tax
SEC. 92. Discharge of Executor or Administrator from Personal Liability.
SEC. 93. Definition of Deficiency.
SEC. 94. Payment before Delivery by Executor or Administrator.
SEC. 95. Duties of Certain Officers and Debtors.
SEC. 96. Restitution of Tax Upon Satisfaction of Outstanding Obligations.
SEC. 97. Payment of Tax Antecedent to the Transfer of Shares, Bonds or Rights.
CHAPTER II - DONOR'S TAX
SEC. 98. Imposition of Tax.
SEC. 99. Rates of Tax Payable by Donor.
SEC. 100. Transfer for Less Than Adequate and Full Consideration.
SEC. 101. Exemption of Certain Gifts.
SEC. 102. Valuation of Gifts Made in Property.
SEC. 103. Filing of Return and Payment of Tax.
SEC. 104. Definitions.
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