Why Does BIR require journal amd ledgers from the business
1. Why Does BIR require journal amd ledgers from the business
Answer:
Explanation:
Keeping a book of your business transactions is a requirement of the Bureau of Internal Revenue (BIR). All purchases must be recorded accurately and submitted to the BIR on designated deadlines. Keep in mind that your book of accounts and registers, records, vouchers, and other supporting documents must be readily available and preserved accordingly in your office at all times. BIR may visit your workplace to check this out (Tax Mapping).
2. explain one reason why business, big small are required to be Registered to various authorities including the bureau of internal Revenue (BIR)
Answer:
we are required to be registered to various authorities such as (BIR) even big or small business so that we can contribute to our country through paying of taxes.
3. The relationship between the BIR and a business?
Question:
The relationship between the BIR and a business?
Explanation:
As the taxing authority in the Philippines, the BIR regulates finance, taxation, and monetary policy in the country and collects internal revenue taxes, fees, and charges. It also enforces all forfeitures, penalties, and fines to individuals/organizations that fail to file their taxes.
4. Registration of _______________ and getting the necessary permits from city government, Bureau of Internal Revenue (BIR), and others would also require payment of fees.
Answer:
where the pic I can't answer your question
Explanation:
sorry
5. enumerate and explain the powers of the bir.
Answer:
beer po example: mahal na ang beer
Explanation:
#CARRY ON BEERCHOOX TO SUBS NADIN6. the business that is managed by corporation should be registered in. a. SEC b. BIR. c. DTI
Answer:
c.DTI
Explanation:
The Department of Trade and Industry (DTI) is the primary regulatory arm of the Philippine government involved with the country's trade, industry, and investment activities. Foreign investors and Filipino entrepreneurs alike need to register a name to associate their business
7. opisyal website ng BIR
Answer:
bir.gov.ph
Explanation:
ay basta yannn
8. Where do you need to go to in order to secure the municipal license of Mayor's permit which will serve as your license or permit to operate the business?a. BIRb. BPLOc. CDAd. DTI
Answer:
a. BIR
Explanation:
kasi dyan sila bumabase kung nagbabayad tayo ng tax
9. sino ang namumuno sa bir
Internal Revenue (BIR) Commissioner Kim Jacinto-Henares
10. BIR collects taxes from households, businesses and properties TRUE OR FALSE
Answer:
TrueExplanation:
HOPE IT HELPS #caryonlearning11. 7. The following statements are the impact ofthe businesses to the government, except:*A. Businesses conduct projects like tree planting andhousingB. Employees hired by the businesses pay personalincome taxes to BIRC. Tax are imposed on the incomes of the businessD. The benefit provided by businesses through thepayments of taxes
Answer:
c
Explanation:
paki heart. hope nakatulong
12. Which of the following is not legal requirement in sole proprietorshipa. DTIb. BIRc. SECd. SSS
Answer:
C is the answer
not sure but hope this helps
13. 1. Which office will you go to register your single owned business? A. SECB. DTIC. BIRD. Mayor’s Office2. Which office do you visit to register partnership or corporation business? A. SECB. DTIC. BIRD. Mayor’s Office3. To secure a Tax Identification Number (TIN), which office will you go?A. SECB. DTIC. BIRD. Mayor’s Office
Answer:
Some Department Agency of the Government
Explanation:
1. Which office will you go to register your single-owned business?
Answer: B. DTI - (Department of Trade and Industry)
Explanation: A single Proprietorship or Single Owned Business, needs to
process registration to the office of DTI. Nowadays, registration of a business
is faster and easy thru online accessibility with the forms available to download from the DTI's official website.
2. Which office do you visit to register partnership or corporation business?
Answer: A. SEC (Securities and Exchange Commissions)
Explanation: Official business must be verified thru the SEC's official website, which means that there is no other entity that has the business name registered to another person.
Type of Partnership:
- Domestic
-Foreign-Owned
3. To secure a Tax Identification Number (TIN), which office will you go?
Answer: C. BIR (Bureau of Internal Revenue)
Explanation: The BIR is the government office dedicated to the assessment and collection of the country's internal and national revenue thru taxes. Every citizen who is considered to be a Tax Payer should secure its TIN ID card as proof of membership.
To learn more about Some Government Agencies, kindly visit this link;
https://brainly.ph/question/16239706
#BRAINLYEVERYDAY
14. how to accomplish BIR form
Answer:
go to some Agency they will help you
15. Authorization letter for bir registration
Answer:
need ko po Ng picture
Explanation:
paank ko yan masasagutan
16. 1. Mr. Santos is engaged in the business of restaurant business. In the year 2018, the Regional Director of the Bureau of Internal Revenue issued a letter of authority to the BIR District Officer in order to assess, review and to examine the books of accounts of Mr. Santos. Without any preliminary assessment notice or any final demand issued to Mr. Santos, the BIR immediately ordered the closure his. Is the BIR correct in immediately ordering the closure of the business of Mr. Santos? Why?
Answer:
answer is tsek one and the erath is oval
17. TRUE OR FALSE (sagutan po sana ng seryoso) 1. Is the allowance we receive from our parents considered a passive income that is subject to income tax, according to law. 2. a business with total sales or receipts of less than 1million pesos is still required to pay Value Added Tax if the business is Value Added Tax-registered. 3. the optional standard deduction is computed as 10% of net sales. 4. the personal expenses of the sole proprietorship are allowed as deductions from the gross business income. 5. you are employed. the income tax on your salary is required to be paid to the mayor's office. 6. SSS contributions are required from individuals who are employed in the public sector (i.e. government). 7. taxable income represents the amount of tax required to be paid to the BIR. 8. An employee earning purely compensation income is exempted from filing an income tax return if his or her income taxes were properly withheld by the employer. 9. Mang Juan store has two places of business, its main store, and a branch. Mang Juan shall pay the annual BIR registration fee for the main store only but not for the branch. 10. A business is allowed to deduct from its gross income both the itemized deductions and the optional standard deduction at the same time/.
Answer:
1.True2.True3.True4.False5.True6.False7.True8.True9.True10.TrueExplanation:
Pa brainlest#Carryonlearning
#Hopeithelps
18. bir salary tax bracket
Is this the old or the new bir salary tax?
19. BIR 2021 tax campaign
Answer:
“Sama-Sama sa Hamon ng Panahon: Buwis Ko, Para
sa Pilipino”
Explanation:
20. what are the connection of the following offers or agencies like sss bir dti and dner to the business?
Answer:
THAT IS A GOVERMENT AGENCY✨IF YOU WANT A LONG ANSWER HELP THE PEOPLE FOR A GOOD FUTURE21. What is the purpose of going to BIR?a. Business tax purposesb. Business permit purposesc. Sanitation purposesd. No purpose at all
I think b hope it helps and thanks for the point
Answer:
What is the purpose of going to BIR?
a. Business tax purposes
b. Business permit purposesc. Sanitation purposes
d. No purpose at all
Explanation:
Pa brainliest tnx
22. It serves as your authorization to conduct or operate the business.a. business ownershipb. municipal licensec. BIR d. all of these
C. BIR BIR Form 2303 and Certificate of Registration (COR), this type of document gives you the legal rights to operate your business in the Philippines. ... It provides you with Tax Identification Number (TIN) for your business, if you are a partnership, corporation or a cooperative
23. identify the records that angel should maintain to meet the requirements of bir
May pic?
May pic?
May pic?
May pic?
1. Capture the information.2. Make sure the information is complete and correct.
3. Record the information to save it.
4.consolidate and review the information
5. Act base on what you know.
Hope it helps
#carryonlearning | (• ◡•)|
24. 8. Which is not true when business is registered with BIR? a. Pay taxes b. Authority to Print OR c. Contribute to Nation Building d. not given
Answer:
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8. which is not true when business is registered with BIR?
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A. Pay taxes
because taxes and penalties, Taxpayers who fail register with BIR
25. sino namumuno sa BIR?
President o Dr.Leo Olarte
26. Why is it important to cancel the business name with the DTI and settle all the tax dues with the BIR?
Answer:
Your use of this website is subject to the Terms and Conditions of the Business Name Registration System (BNRS), including the disclaimer and copyright restrictions stated below. Please read them carefully; if you click on the "I Agree" button, it is assumed that you have read them, and have agreed to be bound by them.
Explanation:
Hope it's help
27. How do you think maintaining the books of accounts will help business owners in complying with BIR?
Answer:
The Bureau of Internal Revenue (BIR) requires that all corporations, companies, partnerships and individuals who pay taxes in the Philippines must maintain books of accounts. The BIR can then monitor companies and ensure the correct amount of tax is being paid.
Explanation:
paki brainliest po kung tama po yan kung hinde maghanap nlng kayu
28. If you need to systematize the payment of taxes of your business, where will you go?a. BIRb. DOLE c. SEC d. SSS
Answer:
A. BIR
Explanation:
29. where do you need to go in order to secure the municipal license or mayors permit which will serve as your license or permit to operate the businessA. BIRB. BPLOC. CDAD. DTI
Answer:
c po yan ang answer
Explanation:
ayaw na lang heart
30. what certificate you will get upon registering to them?DTI-BIR-SSS-SEC-DOLE-sertipiko na makukuha sa pagrehistro kung ikaw ay nag bu-business,
----------------------ஜ۩۞۩ஜ----------------------
*Barangay Business Clearance
*Community Tax Certificate (CTC or Cedula)
*Public Liability Insurance (for restaurants, cinemas, malls, etc.; exempted: sari-sari stores and carinderias)
*Locational/Zonal Clearance
Certificate of Occupancy (Building and Unit)
*Sanitary Permit
----------------------ஜ۩۞۩ஜ----------------------Others, if applicable
