Pacific Ocean width at about 5°N latitude, where it stretches approximately from Indonesia to the coast of Colombia—halfway around the world, and more than five times the diameter of the Moon. The lowest known point on Earth—the Mariana Trench—lies below sea level. Its average depth is , putting the total water volume at roughly . Due to the effects of plate tectonics, the Pacific Ocean is currently shrinking by roughly per year on three sides, roughly averaging a year. By contrast, the Atlantic Ocean is increasing in size. Along the Pacific Ocean's irregular western margins lie many seas, the largest of which
Taxation in the Philippines Taxation in the Philippines The policy of ‘’’taxation in the Philippines’’’ is governed chiefly by the Constitution of the Philippines and three Republic Acts. Taxes imposed at the national level are collected by the Bureau of Internal Revenue (BIR), while those imposed at the local level (i.e., provincial, city, municipal, barangay) are collected by a local treasurer’s office. The taxes imposed by the national government of the Philippines include, but are not limited to: Citizens of the Philippines and resident aliens must pay taxes for all income they have derived from various sources, which include, but are not limited to: