Geography of the Philippines the Philippines, the Sierra Madre, stretching from Quezon province in the south to Cagayan in the north. 80 percent of the mountain range is tropical rainforest, which is diminishing from rampant illegal logging activity. The range serves as the eastern wall of Luzon Island that protects inhabitants from tropical cyclones usually coming from the Pacific Ocean. The largest plain of the nation is situated in the Central Luzon region and produces most of the national rice supply, earning itself the nickname ""Rice Bowl of the Philippines"". The plains encompass the provinces of Bulacan, Nueva Ecija, Pampanga, Tarlac and Pangasinan. South
Taxation in the Philippines goods, services and transactions are exempted from the VAT: Percentage tax is a business tax imposed on persons or entities/transactions: Excise taxes apply to goods manufactured or produced in the Philippines for domestic sales or consumption or for any other disposition and to things imported. One of main sources of revenues of the local government units is the real property tax, which is a tax imposed on all types of real properties including lands, buildings, improvements, and machinery. Taxation in the Philippines The policy of ‘’’taxation in the Philippines’’’ is governed chiefly by the Constitution of the Philippines and three