The “Ease of Paying Taxes Act” (Rep. Act No. 11956), signed by Pres. Marcos, Jr. in January 2024, streamlines tax administration in the Philippines, particularly for real estate transactions. It categorizes taxpayers, simplifies filing, and promotes online compliance, aiming to reduce confusion, encourage tax compliance, and facilitate property transactions.
Tag Archives: BIR registration
Unlocking Success: Why Registering with the BIR is Non-Negotiable for New Real Estate Salespersons
The post outlines the requirements for new real estate practitioners to register with the BIR in compliance with the National Internal Revenue Code. It details the steps and documents needed for registration, emphasizing the importance of tax compliance and its impact on national development. Atty. Jojo stresses the significance of adhering to tax laws for new real estate salespersons.
Reminders as 2024 Rolls In
The post emphasizes the importance of regulatory compliances for real estate service professionals, including the need for Professional Tax Receipts, BIR registration renewal, and DHSUD accreditation. Atty. Jojo, a real estate attorney and broker, urges practitioners to adhere to these requirements to maintain legal compliance and professional identity in the industry.
REMINDERS AS 2022 ROLLS IN
“By the taxes he pays, a citizen has every right to demand for a good and honest government.”– Franklin D. Roosevelt By Realttorney Portions of the contents of this article were first published 4 days before its 10th year anniversary – January 12, 2012. It is updated to share the same message to all newContinueContinue reading “REMINDERS AS 2022 ROLLS IN”
THE FINAL STEP: PREPARE A BUSINESS PLAN
“Plan carefully and you will have plenty; if you act too quickly, you will never have enough.” – Proverbs 21:5, Good News Bible [Today’s English Version] By Ernesto C. Perez II You would think that having a creative and distinguished business name as well as an appropriate business vehicle chosen will bring us one stepContinueContinue reading “THE FINAL STEP: PREPARE A BUSINESS PLAN”
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