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Written By: pinoytaxation on August 7, 2009 16 Comments
How withholding taxes on compensation works?

As a rule under the regulations, employers are appointed withholding agents who shall withhold corresponding taxes on compensation. This is to ensure that employee’s taxes are being paid so that if an employee is under the employ of a single employer with no other taxable income subject to regular income tax rates, there is no [...]

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