Are you clueless on how taxes are computed? Do you wish you can counter-check the computation of your accountant and book keeper before paying? Do you fall victim by paying more than you need because you don’t have any idea what you’re paying? Then… Welcome to the first VLog of MyFinanceMD. Due to public…
Tag Archives: train law
The Essential Guide to Estate tax under TRAIN law
Estate Tax, according to BIR is a tax on the right of the deceased person to transmit his/her estate to his/her lawful heirs and beneficiaries at the time of death and on certain transfers, which are made by law as equivalent to testamentary disposition. To make it simpler, the Estate Tax is the tax…