Fear Not VAT, Pass it on to the Consumer

Remember also, let's not be afraid of VAT and PERCENTAGE TAX. These two kinds of taxes can be passed on to the consumer. So, always add up VAT or PT when you bill. If you signed on 5% commission, you have to add VAT or PT when it's time to collect your commission. Hehehehe, in real estate, we are not talking about centavos taxes here, it is THOUSANDS, so this will surely cause INFLATION!

Remember the direction of IPORESP is INTEGRATION. Integration is not only sign-up in IPORESP, but it is also professional integration of how we operate. So we have to find ways on how to guide and educate (for free) everyone to redirect their operations to mainstream instead of alienating them away. Sama-sama tayo lahat, level ang playing field, this is the direction of the reforms that we will push, and our legacy for the future generation. Hindi lang ang gobyerno mag-reform, hindi lang gobyerno ang dapat maging understanding, dapat tayo din LAHAT.

If there is anything else important that I forgot to include in this article, or if you experienced a real estate transaction that is anomalous, scam, fraudulent scheme that you want me to document and expose for others to be warned, or if you want to donate to the war chest of real estate consumer rights advocacy, please feel free to email me at JohnPetalcorin@Gmail.Com. If you want to comment about this article, there is a provision for this purpose that you can find below.
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