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National Internal Revenue Code of 1997 5th Edition
ON MAY 31, 2019, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Order (RMO) 28-2019, prescribing the policies on the registration requirements for foreign nationals as part of the joint guidelines signed by the BIR, Department of Labor and Employment (Dole), Department of Justice (DOJ) and Bureau of Immigration (BI) to strengthen efforts in monitoring foreign workers.
It has been a while since I last went out on a date with any of my daughters. My wife and I have committed to taking our kids out on dates, but circumstances have always hindered us from doing so consistently. A couple of weeks ago, I was finally out on a date with my second daughter, doing the things she likes to do, eating the food she wants to eat and, most importantly, neither allowing me nor the past choices of her older sister to influence her.
A few weeks ago, I attended the first anniversary celebration of the Ease of Doing Business Law (Republic Act No. 11032) at the Philippine International Convention Center. RA No. 11032 was signed on May 28, 2018 and became effective on June 17, 2018. Many stakeholders and government officials were present to witness this milestone, all curious how the law has improved government services since its effectivity. Anniversaries are always nostalgic, as they force us to look back and see what has been accomplished in the past year.
THE Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) 56-2019 on March 29, 2019 to align and unify the imposition of late penalties on the payment of documentary stamp tax (DST) on the original issue of shares of stocks of new corporations.
When you stroll around your neighborhood, chances are you will bump into a foreigner. They are present everywhere: in parks, malls, restaurants, and public transportation. You also encounter them in economic zones in Laguna, Cavite, Cebu, and Batangas and even in the central business districts of Makati, Oritigas, Bonifacio Global City, and Cebu. A significant number of these foreigners are here not for vacation, but as expatriate employees. There are also reports that foreigners are now employed not as executives, but as rank and file.
Global business is facing a wave of disruptive influences that look set to spark the Fourth Industrial Revolution. We explore how the way professionals work is evolving, the leadership skills that will be needed within the dynamic mid-market to thrive, and how organisations can stay competitive in the war for talent and customers in 2030.
Bureau of Internal Revenue (BIR) Regulations prescribe the information that should be indicated on the official receipts (ORs) and invoices to substantiate expenses. The required information includes the customer’s name, address, Tax Identification Number (TIN), and business style. For noncompliance, the BIR may impose fines, penalties, and disallowance of the expense.
While waiting to board my 12-hour flight, I browsed the web through Hong Kong International Airport’s free internet stations. I searched “things to do in Amsterdam” in Google to give me an idea of what I can do in the city in my spare time. This is atypical. I normally have my itinerary all planned out, either because I am travelling with my wife—who is such a great organizer—or I had already planned out my trip due to excitement. That was not the case for this Amsterdam trip.