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- YES! My teacher discuss that last time.
- EVOLUTION
- Hey Richard, you have an idea of taxation?
- EVOLUTION
- Sure maria.
- To support the colony, several taxes and monopolies were established the “buwis” (tribute), which could be paid in cash or kind,.
- Taxation, as a government mechanism to raise funds, developed and evolved through time, and in the context of the Philippines, we must understand that it came with our colonial experience
- Can you tell me about that?
- EVOLUTION
- Just listen maria. i have more.
- TAXATION IN SPANISH PHILIPPINES
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- TAXATION UNDER THE AMERICANS
- TAXATION DURING THE COMMON WEALTH PERIOD
- During the Galleon trade, force labor was a character of Spanish colonial taxation and was required from the Filipinos.Male Filipino were obligated to serve which results to deaths in seventeenth century. Males are required to provide 40 days per annum.
- Americans aimed to make the economy self-sufficient by running the government with the possible sum revenue and create surplus in the budget
- In 1937, the cedula tax was abolished, which prepared to be a progressive move; but in 1940, a residence tax was imposed on every citizens aged 18 years old and on every corporation.
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