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Are wedding gifts taxable?
Just a little over a week and June is almost off the calendar but we haven't heard much of wedding bells, right? So, we're bringing a...
Vibar Peña & Associates
Jun 22, 20201 min read


Happy Independence Day! Facts about your Cedula (CTC)
Happy Independence Day! To commemorate this day, we are setting you FREE of your questions about Cedula. Yes, yung pinunit nila Andres...
Vibar Peña & Associates
Jun 12, 20201 min read


I have to pay tax when flushing the toilet?
I have to pay tax when flushing the toilet? Yes, but that's in Maryland USA. In 2004, the government charges taxes for toilet flushing...
Vibar Peña & Associates
Jun 1, 20201 min read


POGO Facts and Taxation
Philippine Offshore Gaming Operations (POGOs) Facts * Required to secure franchise/license to operate from PAGCOR * Filipino citizens and...
Vibar Peña & Associates
May 25, 20201 min read


Heard of tax on BEARD?
In 1535, King Henry VIII of England first introduced the taxes on beard. The tax was graduated based on the social status of the wearer....
Vibar Peña & Associates
May 18, 20201 min read


TIN is the new TAN!
Did you know that TIN was formerly called TAN? In 1965, the BIR came up with a system that assigned Tax Account Number (TAN) to every...
Vibar Peña & Associates
May 11, 20201 min read


Instant Coffees are safe from sugar tax!
Have you noticed that since 2018 sweetened beverages' prices spiked in the market? This is due to the excise tax on this type of...
Vibar Peña & Associates
May 4, 20201 min read


Ever heard of Idle Land Tax?
Did you know that uncultivated and unimproved lands may be subject to tax? Under the Local Gov't Code, an LGU within NCR may levy an...
Vibar Peña & Associates
Apr 20, 20201 min read


Ever heard of Bachelor Tax?
Apparently, it is costly to be SINGLE in Missouri! Interestingly, Bachelor Tax was once imposed by many other countries as well –...
Vibar Peña & Associates
Apr 13, 20201 min read
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