The Bandala System was a system implemented by Spanish authorities in the Philippines that required native Filipino farmers to sell their goods to the government. The farmers were not in favor of this system and were not even offered fair market prices for their crops.Continue Reading
When Spain began to colonize the Philippines, the land was split into parcels and divided among dignitaries and distinguished officers of the military. Parcel owner's were required to care for the native inhabitants of his land, providing for their well-being and protection. Within a short time, abuses became apparent and it was discontinued in favor of a new system in which the natives were required to pay taxes, or a “tribute”, to the government.
Filipinos were forced to endure other unfair practices, such as forced labor, which was required for all Filipinos from age 16 to age 60. The work included building roads, clearing trees, and building shipyards. The only way to avoid labor was to pay a fee to the government, called "falla."
Policies and practices like the Bandala System, polo, and tribute taxation oppressed the natives of the Philippines for many years as the local Spanish government officials became richer and more successful.Learn more about Taxes
The Philippines adopts a mixed economic system whereby the economy includes a variety of private economic freedom, including industries that are privately owned, together with centralized planning and government regulation. As an industrialized country, the Philippines is moving from an economy that was based on agriculture to an economy dominated by manufacturing services.Full Answer >
Renters can typically download forms to file for renters' tax credits on the websites of the tax authorities for the states in which they live, according to the Maryland Department of Assessment and Taxation. Renters' tax credit forms are only available in states that grant such credits.Full Answer >
Local authorities calculate property taxes by using the mill levy and the assessed value of the property, according to Investopedia. A mill levy is a tax rate assigned to property value. One mill is equivalent to 0.1 percent of a property's value.Full Answer >
When property owners do not pay property taxes, tax authorities can foreclose on the property and sell it to pay off the debt or sell the tax lien to a buyer who can foreclose on the property and sell it, reports Nolo. Alternatively, if the property owner is still paying off a mortgage, the lender may advance funds to pay property taxes and then threaten foreclosure if the owner does not reimburse the funds.Full Answer >