Best Tax Lawyers in Quezon City
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List of the best lawyers in Quezon City, Philippines
The Law Firm of Talampas & Associates
Disini Buted Disini Law Offices
Gargantiel Ilagan & Atanante
Arceo & Tandoc Law Firm
TAM Law Offices
KING CAPUCHINO TAN & ASSOCIATES
Atty. Apollo X.C. S. Sangalang
Free Consultation: 15 mins
SALUMBIDES AND DE LOS SANTOS LAW FIRM
Ferrer & Associates Law Offices
Philippines Tax Legal Questions answered by Lawyers
Browse our 2 legal questions about Tax in Philippines and the lawyer answers, or ask your own questions for free.
- are BIR mission orders authorized to assess tax deficiency?
- I suggest that you call us at 09189395137 - Atty Mario P Narag Jr
- Is it allowed to change from tax declaration to titled? Can I buy a right of way at least 4 meters wide ?
- This type of transaction is what we do every day - Estate Settlement, Right of Way, and Lot Acquisition/Registration. Please call us at directly
About Tax Law in Quezon City, Philippines
Tax laws in Quezon City, also known as Fiscal laws, are primarily governed by the National Internal Revenue Code (NIRC) of the Philippines. This code covers various federal and local taxes paid by individuals and businesses in the Philippines, which include income tax, Value-Added Tax (VAT), excise tax, documentary stamp tax, estate tax, donor’s tax, and local taxes such as community tax.
Why You May Need a Lawyer
Undergoing a tax audit, setting up a business, or dealing with tax disputes with the Bureau of Internal Revenue (BIR) are circumstances that could necessitate the services of a tax lawyer. They have industry-specific knowledge that can aid in effectively managing taxes, avoiding unnecessary penalties, and ensuring compliance with complex tax laws.
Local Laws Overview
Quezon City’s local tax laws are outlined in the Quezon City Revenue Code, which stipulates how local taxes, fees, and charges are levied, collected, and administered. This includes business taxes, real property taxes, and clearance fees. It is critical to understand these laws to ensure proper compliance and to avoid administrative cases or penalties from the city government.
Frequently Asked Questions
1. What is the standard corporate income tax rate in the Philippines?
As per the NIRC, the standard corporate income tax rate is 30%. However, tax rates can vary depending on special laws and agreements.
2. Does Quezon City impose a separate local business tax?
Yes, Quezon City imposes a local business tax which ranges from 0.5% to 75% depending on the nature and annual sales of the business.
3. Can tax payments be disputed?
Yes, if you have a valid grounds to contest an assessment, you can file a protest with the BIR. It is advisable to seek legal help in these situations.
4. What is the penalty for late filing of taxes?
The penalty for late filing ranges from 25% to 50% surcharge of the tax due, plus interest of 12% per annum, from the due date until the full payment of the tax due.
5. Who are exempted from paying taxes?
Minimum wage earners, individuals earning less than PhP 250,000 annually, and certain organizations such as non-profit schools and hospitals are exempted from paying taxes.
Additional Resources
The BIR is the main governmental body that regulates tax matters. For local tax concerns in Quezon City, you can consult the Quezon City Treasurer's Office. Online platforms like Taxumo provides guides and services for individual taxpayers and businesses. Legal firms specializing in tax laws also offer resources and advice.
Next Steps
If you need legal assistance for tax matters, consider hiring a tax lawyer who is well-versed with both national and local tax laws. They can help you interpret and comply with such laws, mitigate tax liabilities, and handle tax disputes. It is advisable to review your situation thoroughly, gather necessary documents, and arrange a consultation with a tax professional.
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.