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Get And Sign Republic Of The Philippines For BIR BCS Department Of 2018-2021 Form

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what's up guys this is the lord back to you with another tutorial video on taxation so in this video i'm going to be talking about tax refunds in relation to income taxes here in the philippines so i'm going to be defining what tax refunds are and its legal basis and then who are qualified to claim such refunds and then we'll be answering the questions how to compute and claim tax refunds so tax refund is based on section 229 of the tax code as amended and also hinges on the principle of solution and debity now because of overpayment of tax there arise a tax refund now in relation to income tax this could occur from tax on salary business income and practice of profession so who can claim tax refund from income taxes so of course it would be taxpayers who pay income taxes so it could be individuals or corporations now on this video i'll be focusing on individuals so if you're new to the channel individual taxpayers could be pure compensation income earners it could be business income

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