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In a statement on Friday, Landbank said it remitted to the Treasury its P50-billion contribution to the Maharlika Investment Corporation (MIC) as mandated by Republic Act No. 11954, which created the MIF.
If you’re working in Singapore, chances are, you probably need to pay tax. Here in Singapore, we follow a progressive personal income tax rate that starts at 0 per cent and maxes out at 22 per cent for employment and self-employment incomes above $320,000. Thankfully, there is no capital gain or inheritance tax. Think that this is all too cheem...