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tax consequences of the decrease in investment in joint venture

Hello everyone... I need some help regarding  tax matters... particularly in an investment account...here's the problem... (Q) : Company A  has an Investment in Joint Venture. Last 2008 the balance of this investment is 2,000,000.00 (indicated in the balance sheet)... at the end of 2009 the balance of this investment indicated in the balance sheet is 1,000,000.00. Therefore there is a decrease in the Investment account amounting to 1M... The income derived from this venture is reported as Net…See More
Discussion posted by Lhea Anain Apr 17, 2010
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Lhea Anain is now a member of pinoytaxation forum Apr 17, 2010
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Ivan Baje, agnes cruz and Julius C. Petalcurin were featured Nov 30, 2009
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Philtaxation Phils replied to Julius C. Petalcurin's discussion 'Question about w/holding tax'
Hi Julius, My apology, it took quite a time before I checked this network. All purchases of goods and services from VAT-registered suppliers are the normal sources of input VAT along with the importations. You can see the input VAT amounts on the…
Nov 30, 2009
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Question about w/holding tax

Thank God I found this site.I am a bookkeeper just assume this post a month ago. I'm employed in an export company.tanong ko lang tungkol sa input VAT ( we file 2550M every month and 2550Q every quarter)ano-ano po ba mga expenses that qualify for input VAT.with regards to w/holding tax (SAWT) kailangan ba lahat ng expenses namin mag withhold kami.on w/holding tax on compensation about 90% of our employees are minimum wage earner is there any form i need to fill out para ma recognize sila even…See More
Discussion posted by Julius C. Petalcurin Oct 3, 2009
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Julius C. Petalcurin is now a member of pinoytaxation forum Oct 3, 2009
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Melinda Lim Docena is now a member of pinoytaxation forum Aug 22, 2009
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agnes cruz is now a member of pinoytaxation forum Aug 20, 2009
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pinoytaxation forum now has notes Aug 7, 2009
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Philtaxation Phils left a comment for Ivan Baje
welcome dap...
Aug 7, 2009
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Ivan Baje is now a member of pinoytaxation forum Aug 6, 2009
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Poizon Myst updated their profile Aug 4, 2009
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Philtaxation Phils left a comment for Lomelyn
you may now post articles, pictures, blog or questions for interaction...salamat
Aug 3, 2009
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Lomelyn left a comment for Philtaxation Phils
thanx din po 4 inviting.....
Aug 3, 2009
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Lomelyn was featured Aug 2, 2009
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Philtaxation Phils left a comment for Lomelyn
welcome lomelyn, thanks for joining
Aug 2, 2009

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Julius C. Petalcurin

Question about w/holding tax 1 Reply

Started by Julius C. Petalcurin. Last reply by Philtaxation Phils Nov 30, 2009.

Poizon Myst

tax incentives or exemptions on pioneer enterprise 4 Replies

Started by Poizon Myst. Last reply by Philtaxation Phils Jul 28, 2009.

 
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Taxes imposed in Phils. - overview of tax types

Tax types are those specific tax classification imposed by the Philippine taxing authorities to the related taxpayers under specific instances. As to the taxing authority implementing and administering them, they can broadly be defined as follows: (a) national internal revenue taxes, and (b) local taxes.



National internal revenue taxes – those implemented by the Bureau of Internal Revenue (BIR) for the national government and local government, through the sharing scheme with respect… Continue

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