Business tax laws

[Starmix]

Wherever you are and whatever you are running, you cannot escape the law concerning business taxes. You have to pay taxes imposed by the government through the Bureau of Internal Revenue. You need to familiarize yourself with what was in your personal life. There are specific tax laws in business and it is important to understand them. And if you don't, consult with professionals you can try to avoid audits and hefty fees. When you start a business, the first thing to do is register your business so you won't have a hard time paying your taxes during the payment period. You may assign your business accountant to do the job.

 

[eLdavis]

Over here there are lots of businesses not paying tax. Though I think your business needs to be registered so the government can properly monitor you.

 

[Starmix]

No one operates a business here in the Philippines without permits and licences.It will be useless because the tax sectors roam around.