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National Internal Revenue Code of 1997 5th Edition
With the emergence of coronavirus disease 2019 (COVID-19), many businesses have collapsed, unemployment rates have increased, while many Micro, Small, and Medium Enterprises (MSMEs) are on the verge of bankruptcy. In cognizance of the adverse impact of the COVID-19 on the Philippine economy, government mechanisms are currently being put in place to contain the damage.
DUE process is the right to be heard. It is the obligation of the state to respect all legal rights owed to a person, and it balances the power of law of the land and protects the individual from it.
Earlier this year, one of Czech Republic’s hospitals, which is also a coronavirus disease 2019 (Covid-19) testing laboratory, became a victim of a cyberattack. The attack forced the hospital to shut down its information technology network, postpone surgeries and move some of its patients to other hospitals. With the pandemic still in full swing here in the Philippines, these cyberattacks on other countries’ hospitals pose as a warning for our healthcare industry to take cybersecurity seriously.
It has been over six months of quarantine and the fight against this pandemic has been challenging. Coronavirus disease 2019, or COVID-19, is an unusual enemy that does not allow us to fight back head-on or face-to-face. It is the type of enemy that makes us hide and stay at home if we want to win the battle. Nonetheless, I believe that resilience is inherent among us Filipinos, with all the difficulties we may have probably experienced in our lives.
It has been six months since our Philippine government implemented the Covid-19 pandemic measures on lockdown and various versions of community quarantine within and outside Metro Manila. In those six months, like any other excited couple who had already prepare for almost a year for their wedding, my fiancée and I were devastated when we had to reschedule our church wedding that was supposedly in June 2020.
THE Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) 98-2020 to inform all concerned on the extended deadline of submission of Information Return on Related Party Transactions (BIR Form 1709) and its supporting documents for taxpayers with fiscal years ending March 31, 2020 to Nov. 30, 2020. For the submission for calendar year ending Dec. 31, 2020, the deadline shall be April 30, 2021.
Wikipedia defines due process as the legal requirement that the state must respect all the legal rights owed to a person. This balances the power of law of the land and protects the individual person from it. In law, due process contemplates notice and opportunity to be heard before judgment is rendered.
One afternoon, I was sitting across a table from my two daughters. My two-year-old was eating her snack: a chocolate wafer. After putting it in her mouth, she got hold of her green plastic cup and reached for something in it. When she opened her hand, there was a small piece of ice. She then slowly brought her palm toward her mouth. I saw excitement in her eyes as her palm came closer. But as she was about to eat the ice, her palm slightly tilted, causing the ice to slip and fall to the floor.