Best Tax Lawyers in Mandaue City

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Recososa Law Firm

Recososa Law Firm

Mandaue City, Philippines

Founded in 2020
11 people in their team
English
Tagalog
All Specialization Law Firm & Notary Public located at the heart of Cebu City In IT Park Lahug. From Commercial Law, Labor Law, Immigration Law, Criminal Law such as Estafa, Cybercrime like Cyberlibel, Defamation, Fraud, Criminal Prosecution, Civil Law, Land Dispute, Land Registration,...
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Philippines Tax Legal Questions answered by Lawyers

Browse our 3 legal questions about Tax in Philippines and the lawyer answers, or ask your own questions for free.

The BİR put declared purchase as net sales since there are no sales invoices of purchase. If the seller does not want to issue any copies of sales invoices, can the successful online bank transfer to sellers account signed and verified by the bank be used
Tax
Yes, a successful online bank transfer to the seller's account that is signed and verified by the bank can often be used as supporting evidence to demonstrate that a purchase was made. However, whether this is acceptable depends on the jurisdiction's tax laws and regulations. Below are key points to consider:1. Legal AcceptabilityIn many jurisdictions, tax authorities require proper sales invoices as primary proof of transactions for tax reporting purposes.If the seller refuses to issue sales invoices, you may need to report this to the relevant tax authority as non-compliance with invoicing regulations.2. Supporting DocumentationIf the sales invoice is unavailable, the following documents may strengthen your case:Bank Statement or Transfer Receipt: A signed and verified bank document showing the transaction details, including the amount, date, and recipient’s account information.Purchase Agreement or Order Confirmation: If available, include any agreements, contracts, or email correspondence detailing the purchase.Delivery Records: If applicable, records or receipts for the delivery of goods or services.3. Communication with the SellerAttempt to communicate with the seller to resolve the issue and request an official sales invoice.If they continue to refuse, document these attempts as evidence.4. Consult Tax ProfessionalsIt’s essential to consult a tax advisor or legal expert familiar with the requirements in your jurisdiction. They can guide you on how to present the evidence and address potential issues with the tax authority.While a verified bank transfer may be persuasive, it may not replace a sales invoice in all situations. The best course of action is to gather as much corroborating documentation as possible and seek professional advice.
Is it allowed to change from tax declaration to titled? Can I buy a right of way at least 4 meters wide ?
Commercial Real Estate
Real Estate
Real Estate Contracts and Negotiations
Real Estate Due Diligence
Tax
This type of transaction is what we do every day - Estate Settlement, Right of Way, and Lot Acquisition/Registration. Please call us at directly
are BIR mission orders authorized to assess tax deficiency?
Tax
I suggest that you call us at 09189395137 - Atty Mario P Narag Jr 

About Tax Law in Mandaue City, Philippines:

Tax law in Mandaue City, Philippines, governs the taxation of individuals and businesses within the city. Taxes are levied by the local government to fund public services and infrastructure. Understanding tax laws is crucial to ensure compliance and avoid penalties.

Why You May Need a Lawyer:

You may need a lawyer for tax-related issues such as tax audits, disputes with tax authorities, filing tax returns, claiming deductions, and tax planning. A tax lawyer can provide legal advice, represent you in legal proceedings, and help you navigate complex tax laws.

Local Laws Overview:

In Mandaue City, Philippines, taxes are levied on income, property, business transactions, and other sources of revenue. The key aspects of local tax laws include income tax rates, property tax assessments, value-added tax (VAT) regulations, and tax incentives for businesses.

Frequently Asked Questions:

1. What are the income tax rates in Mandaue City?

The income tax rates in Mandaue City range from 5% to 32% based on income brackets.

2. How is property tax assessed in Mandaue City?

Property tax in Mandaue City is assessed based on the fair market value of the property.

3. What are the VAT regulations in Mandaue City?

VAT regulations in Mandaue City follow the national guidelines set by the Bureau of Internal Revenue.

4. Are there tax incentives for businesses in Mandaue City?

Yes, businesses in Mandaue City may qualify for tax incentives under certain conditions.

5. How can I claim deductions on my tax returns in Mandaue City?

You can claim deductions on your tax returns by providing supporting documentation for eligible expenses.

6. What should I do if I receive a tax audit notice in Mandaue City?

If you receive a tax audit notice, it is advisable to consult a tax lawyer for guidance.

7. Can I appeal a tax assessment in Mandaue City?

Yes, you can appeal a tax assessment by following the procedures outlined by the local tax authorities.

8. How can I avoid tax penalties in Mandaue City?

To avoid tax penalties, ensure timely and accurate filing of tax returns, and compliance with tax laws.

9. What are the implications of tax evasion in Mandaue City?

Tax evasion is a serious offense that can result in criminal charges, fines, and imprisonment.

10. How can a tax lawyer help me with tax planning in Mandaue City?

A tax lawyer can help you optimize your tax liabilities, structure transactions efficiently, and comply with tax laws.

Additional Resources:

For more information on tax laws in Mandaue City, you can refer to the Bureau of Internal Revenue (BIR) website and consult with local tax professionals.

Next Steps:

If you need legal assistance with tax-related issues in Mandaue City, consider consulting a tax lawyer who is familiar with local tax laws and regulations. They can provide you with expert advice and representation to help you resolve your tax matters effectively.

Disclaimer:
The information provided on this page is intended for informational purposes only and should not be construed as legal advice. While we strive to present accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or currentness of the content. Laws and regulations can change frequently, and interpretations of the law can vary. Therefore, you should consult with qualified legal professionals for specific advice tailored to your situation. We disclaim all liability for actions you take or fail to take based on any content on this page. If you find any information to be incorrect or outdated, please contact us, and we will make efforts to rectify it.