ITR required for vehicle registration?

[orly_andico]

but...

ever think of this... the national tax collection percentage is... 12%

but your average middle-class employee is taxed at... 35% (check your ITR if you have one)

tapos meron pang VAT 10%.. sales tax....

i think it's not unreasonable to expect that the average salaried employee who's making more than 20k, 25k a month is paying around 40% to 50% as TAX!!! wala kaming lusot diyan

then compare, national tax collection average 12%

what does that mean? the working salaried employees are carrying the BRUNT of the tax burden of this useless government. while lucio tan hounds liwayway vinzons-chato in the legal system for daring to try to collect his 7billion in back taxes

[cyberdoc95]

The thing that I can't comprehend about what the congress is doing is the fact that they are not really attacking the problem. If they really want to know how much everybody is earning, they should have passed the resolution on the "National ID number"(?) before. Or equivalent to Social Security Number dito sa States.

Dinadaan pa kasi sa kung ano-ano pa. Dapat strike it to the heart. If they think that they will be able to get information when registering a vehicle, then why not start on something that is useful in short-term and eventually, long-term in other future government transactions. This National ID number can be used to track driver's license, criminal records, employment record, assessing assets, health care benefits, etc., etc.

The reason na hindi nila pina-pass itong resolution before is because sila mismo ay takot na malaman ang kanilang tinatagong assets. For all we know, at least 30% of the pork barrel go straight to the bank accounts of these congressmen.

Hanggang kailan pa ba ito? May katapusan pa ba kaya ito? Kelan pa ba magkaroon ng mga matitinong mambabatas ang Pilipinas? Ito yung hindi ko maiintindihan talaga. Probably, 15 years ago, pwede pa yon. But its already the new millenium. Most of the Filipinos have already gained knowledge and wisdom but why do we still allow to have untouchables in the Congress. As if, hindi natin alam ang mga ginagawa nila na pangugurakot to the max. Parang we are turning a blind eye on these crooked politicians na pinapayagan lang nating magnakaw.

[niwde11]

at first medyo highblood ding ako dyan. di pa ba sapat yung TIN pag nagrerehistro(although di yata corectly sinusunod ng LTO). pero after reading racerx coment, i think he has a very valid point. dapat na lng siguro na irequired lahat ang voting public to file(not pay) their ITR kahit retired, agricultural sector, ofw ka. mag file lang para me record ang mga exempted from paying ITR. just my suggestion.

[boybi]

i think meron ng directive ang LTO para sa mga FOR HIRE vehicles to present their ITR during the registration. kahit tricycle kelangan din. kung walang ITR, meaning less than 60K a year ang income so exempted, kelangan ng owner na kumuha ng certification from their local BIR office na exempted nga sila sa pagbayad ng income tax. pwede din siguro itong gawin ng mga retirees, etc.

[yebo]

dati naman kaming mga OFWs na nagfa-file ng income tax returns, but the government stopped this since we are tax exempt nga. waste of time, paper and money (salary spent for overtime pay of BIR personnel who will have to work overtime to attend to these ITRs). also yung mga ibang tax exempt din like pensioners and low income earners, the government adopted a resolution that they should not file ITRs anymore. makes sense din kasi wala namang tax generated from our filings, just added expense in processing these ITRs. kaya nga pag nagpunta sa BIR office ang isang OFW e sinasabihan kami na umuwi na lang at wag na sayangin oras nila.

but if the government will so require bakit hindi. it will open up a few doors for us actually, since we can use the ITR for bank loans, business transactions, etc.

[jds]

I agree with Yebo.
Once nagpunta ako sa BIR Office sa isang Phil. Embassy para mag-file ng ITR.
Eh di na raw required since we are Tax-Exempt.

Revenue Regulations No.5-2001.
- Revokes the requirement for non-resident citizens, overseas contract workers and seamen to file information returns on income derived from sources outside the Philippines

Souce: http://www. bir.gov.ph

[johnart]

New vehicle registration requirement mulled: Income tax return
By Delon Porcalla
The Philippine Star 10/03/2004

No income tax return, no vehicle registration.

Besides smoke emission tests, this "no ITR, no auto registration" policy will be strictly implemented by the Land Transportation Office (LTO).

All motorists who want to register their vehicles must submit copies of their ITR forms to comply with the government’s new measure for checking if they are paying the correct taxes.

Ten senior members of the House of Representatives led by Negros Oriental Rep. Herminio Teves have urged President Arroyo to "issue an executive order mandating the LTO to require car registrants to submit copies of their ITRs."

"The move is meant to enable the LTO and the Bureau of Internal Revenue to cross-check the declared income and tax payment of wealthy individuals against their assets, including their expensive motor vehicles," Teves said.

Teves noted that there is a large discrepancy between the number of individuals who own cars and those filing ITRs. If one has the means to own a car, then he must have taxable income to report."

Under House Resolution 154, co-authored by Speaker Jose de Venecia, the senior members of the lower chamber said that only 807,450 individuals have filed their annual ITRs, compared with the estimated 4.4 million taxable families.

"Obviously, many car owners are not filing tax returns," Teves said. LTO records show that the country has over 3.145 million privately owned motor vehicles.

Teves, senior vice chairman of the House ways and means committee, said the acquisition of a P1.3-million BMW sedan indicates that the car’s owner cannot possibly declare an annual income of just P120,000 "unless he won in the lottery."

"This is a simple administrative measure that will go a long way in putting tax avoidance in check," he said. "This is essentially meant to boost tax compliance by compelling more individuals to properly report their income."

Those who supported the proposal were Reps. Jesli Lapus of Tarlac, Rolando Andaya of Camarines Sur, Joey Salceda of Albay, Ace Barbers of Surigao del Norte, Raul del Mar of Cebu, Emilio Espinosa of Masbate, Gerry Salapuddin of Basilan and Prospero Nograles of Davao City.

[trup]

kailangan ba match yun name ng owner sa ITR? pano kung bigay sayo ng company or parents mo yung car? Or jobless ka pero u have a lot of money etc...

[momoyster]

i think such move is commendable kaya nga lang mukhang some politicians just wana ride on the issue. under the national internal revenue code kasi, (RA 8424), there are some people who dont need to file ITRs, such as retirees, OFWs, and those whose taxable income are already subject to final taxes. so if the politicians really want to do this, they must amend first our tax law because an executive order to be issued by the president cannot enlarge or go beyond the ambit of the law. sana pinag-aralan nila muna mabuti yung proposal nila bago sila nag-ingay

[the_wildthing]

Parang may thread na about this...

http://tsikot.yehey.com/forums/showt...threadid=14324

[johnart]

sir the_wildthing ,

sorry po meron na pala moderators pa delete nitong thread

[Ungas]

Merging threads.