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Showing results for tags 'tax'.
If you have not heard for Americans, the money(stimulus checks/deposit) for the Corvid-19 problems has been approved by Congress. If you are retired and getting Soc. Security, you should see some money soon! $1200 for yourself and another $1200 for the wife if she has a SSN #. Also $500 per child under 17. I wanted to list it here to track when and if we receive it here in the Phils. It is estimated to be sent direct deposit around Apr 6. If the IRS has your bank info from 2018/2019 tax filings or from your SSA 1099 retirement, it should show in your bank acct then. I don't know ab
We heard a rumor that one of Duterte's ideas is to legislate a new tax on vehicle purchases. Of course we heard it from someone who wants to sell a car to us, their reasoning being that it would be better to buy a car now than to wait until next year. I did a google search for "tax Philippines" and found no mention of such a new tax. It does make some sense though, since people who are buying cars are the ones who can better afford a new tax. Has anyone else heard about this?