Taxation and Legal aspects outline 1.Legal ownership a.) Lot Title b.)Tax Declaration 2.)Legal Issues a.

)Application for: Zoning Compliance Land Re-classification 2.Registering a Business a.)Requirements for uilding !ermit b)Application form: "a#ors$ usiness !ermit c)Application form: %anitar# !ermit d.)Application form: &lectrical !ermit e.)Application 'orm 'ire %afet# (nspection order

4.)Permits/ learances/ erti!ications a.) uilding !ermit b.)"a#ors$ usiness !ermit c.)%anitar# !ermit d.)&lectrical !ermit e.)'ire %afet# &)aluation Clearance

".)#iling Taxes a.)&mplo#er Tax -(ncome %tatement - alance %*eet -(ndi)idual Tax Return -(ncome Tax return %ample %*eet+for &mplo#er) b.)&mplo#ees Tax -&mplo#ees !a#roll -%alar# Compensation Tax -Tax ,it**eld %ample %*eet - (ncome Tax return %ample %*eet+for &mplo#ee) 1.Legal ownership

(t certifies t*at t*e lot$propert# *as t*e document to certif# t*at it is in legal o-ners*ip b# s*o-ing some documents of t*e o-ner. (t includes *ere t*e Lot title and t*e Tax Declaration of t*e propert#. !erson -it*out legal o-ners*ip ma# still *a)e an equitable claim to propert# -*ic* mig*t be recognised b# a court. a.)T*e Lot Title

b.)T*e Tax Declaration

2.)Legal Issues .uestion t*at concerns t*e protections t*at la-s or regulations s*ould pro)ide.(f t*e structure t*at -ill build -ill affect t*e communit#/t*e la- -ill not allo- t*e structure to build on t*e site unless #ou *a)e t*e specific documents. $pplication #orms%

a.)Zoning Compliance

b.)Land Re-classification Requirements 0.Letter of intent address to %angguniang !anglungsod. 1.Certified True Cop# 2f Title. 3.Lot !lan -it* 4icinit# "ap signed and sealed b# a registered 5eodetic &ngineer. &.Registering the Business T*e business acti)it# and p*#sical location determines most license requirements. (t is needed to register t*e business so #ou can *a)e permits$licences to operate t*e business. A business license can be a business registration

a.)Requirements for uilding !ermit

b.)Application form:

"a#ors$ usiness !ermit

c)Application form:

%anitar# !ermit

d.)Application form: &lectrical !ermit

e.)Application 'orm 'ire %afet# (nspection order

4.Permits/ learances/ erti!ications T*is issued b# go)ernment agencies t*at allo- indi)iduals or companies to conduct business -it*in t*e go)ernment and "unicipalit# geograp*ical 6urisdiction . (t is t*e aut*ori7ation to start a business issued b# t*e local go)ernment.(f permits are issued t*at means #ou passed all t*e requirements$forms needed in t*e registration of business. a.) uilding !ermit

'.)"a#ors$ usiness !ermit

c.)%anitar# !ermit

e.)&lectrical !ermit

f.)'ire %afet# (nspection Clearance

".)#iling Taxes T*e purpose of taxation is to finance go)ernment expenditure.T*is fee is c*arged b# a go)ernment on a product/ income/ or acti)it#. a.)&mplo#er Tax Indi(idual Income Tax Return 8et (ncome 0/9:;/;<=.99 =999 x 01 mont*s +-it* 03t* mont* pa#) Less Total 8on Taxable$&xempt =9/999.99 +ci)il status is single) Taxable Compensation As per tax table ;;;/;<=.;9 =99/999.99 :;;;<=.;9x31> 0=;?;9.?9 As per tax 01=/999/99 2*4*+,.*,

table Tax )ue

Income Tax return -ample -heet

b.)&mplo#ees Taxes ./mplo0ees Pa0roll %to.Tomas/!ampanga !A@R2LL '2R TA& !&R(2D +%pecif# Date)

8A"& /mplo0ee 1

asic =/999.9 9

5ross 1=99.9 9

,$Tax ?3.3:

AD"' 099.99

%%% Loan 01=.99

AD"' Loan

%alar# Loan

Total 211+1.22

%ignatur e

T2TAL !repared b#: -alar0 ompensation Tax 5ross Compensation (ncome 'rom present &mplo#er =999 x 01 mont*s +-it* 03t* mont* pa#) Less Total 8on Taxable$&xempt +ci)il status is single) Taxable Compensation (ncome 'rom !resent &mplo#er 5ross Taxable Compensation (ncome 8et Taxable Compensation (ncome Tax )ue3indicated in tax ta'le) Total amount of taxes -it**eld A.) asic %alar#$%tatutor# minimum -age earner+",&) 03t* mont* pa# and ot*er benefits %%%/5%(%/!A(C and Cnion+non taxable) .)Taxable Compensation income asic %alar# 03t* "ont* pa# and ot*r benefits Tax -it**eld s*eet sample <=/999.99 =9/999.99 0=/999.99 0=/999.99 0=/999.99 11,,,.,, 0/999/99 <9/999.99 =/999.99 3/D99.9? <=/999.99 =/999.99 C*ecBed b#:

(ncome Tax Return %ample %*eet 'or &mplo#ees

45I6/R-IT7 8# T9/ $--4:PTI85

ARR&%-0 Taxation and Legal $spects ; P5 :inimart< %C "(TT&D @: 5(%&LL& &. "A8A8%ALA

ARCA(T&CTCR& :-A

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