Self-employed professionals exempted from paying business permit fees for clinics, offices

The government has harmonized the taxes and other fees that self-employed professionals such as doctors, accountants and lawyers pay to local government units to cut red tape.

In particular, it exempted self-employed professionals from payment of business permit fees for clinics and offices. “LGUs, however, may impose a local business tax on professionals if they are verified to be engaged in selling, trading or distributing goods of whatever kind or involved in trade and other business activities that do not constitute the practice of their professions. In this case, the LGU can impose a business permit fee during the registration and renewal of the operation of the office or clinic of the concerned professional,” it added, citing LFC 1-2019.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investors’ earnings in low-cost housing projects exempted from income tax – Court of Tax AppealsEarnings of investors participating in the government's low-cost housing projects are exempted from income tax.
Source: manilabulletin - 🏆 25. / 51 Read more »