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Analysis On Philippine Taxation
Analysis On Philippine Taxation
Taxation describes itself in many ways. Definitions frequently heard includes the: It is the
process by which the sovereign, through its law making body, races revenues use to defray
expenses of government. It is a means of government in increasing its revenue under the
authority of the law, purposely used to promote welfare and protection of its citizenry. It is the
collection of the share of individual and organizational income by a government under the
authority of the law.
AXATION IN SPANISH
PHILIPPINES
• When spaniards came, they
started to collect “tributos”
(tributes).
• The purpose of it is to develop
and improve the islands and to
maintain it as well
Taxation in Spanish Philippines began when spaniards came, they started to collect «tributos».
Manila-Acapulco trade The Spanish government continued trade relations with these countries
and Manila became the Center of Commerce-China, Japan, Maluccas, Siam, India, Cambodia,
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Borneo. During the Galleon trade, force labor was a character of spanish colonial taxation and
was required from the Filipinos. Taxation in the Philippine during spanish colonial period was
characterized by a heavy burden place.