The Tax Management Association of the Philippines (TMAP) reports that in all of the ASEAN region the Philippines is the country with the highest income tax. If there is additional income (no matter how small in excess of the minimum wage) then it qualifies to be taxed by the government. The Instax SHARE Smartphone Printer SP-1 is set to hit stores in the Philippines on February 12, 2014. Read more in our articles including "TMAP report shows Filipinos pay the highest tax in ASEAN" and "CMEPA implemented, banks slap uniform 20% tax to interest income".
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Jan 22, 2014The Tax Management Association of the Philippines (TMAP) reports that in all of the ASEAN region the Philippines is the country with the highest income tax. If there is additional income (no matter how small in excess of the minimum wage) then it qualifies to be taxed by the government.
The Instax SHARE Smartphone Printer SP-1 is set to hit stores in the Philippines on February 12, 2014.
Our coverage of income tax philippines includes: "TMAP report shows Filipinos pay the highest tax in ASEAN"; "CMEPA implemented, banks slap uniform 20% tax to interest income"; "The biggest changes are coming to Android Auto". Each article provides unique insights and information.