LawsTax
NIRC (Tax Code)
Often called Tax Code
The National Internal Revenue Code: the main tax law, changed over the years by laws like TRAIN.
Most useful for: Career shifter
- In real life
- The section on what counts as income (Sec. 32) is why commissions are taxed like salary.
- Why it matters to you
- BIR regulations, like the withholding tables, carry it out.
An explanation to help you read your pay, not a ruling on your case. Your employer, the agency or DOLE has the final word.