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National Internal Revenue Code of 1997 5th Edition
Nothing is forever, except change. The wise words of Buddha proclaim the undeniable truth that the only thing constant is change. Life is a process of becoming; thus, we should always keep ourselves abreast with the changing times. After all, progress is impossible without changing the status quo.
BUSINESS entities must pay their local business taxes (LBT) with the local government unit (LGU) every year.
Another new year, another set of goals and resolutions reflected upon and listed. Some resolutions are new but, if you are like me, most of this year’s resolutions are recycled from previous years, because they were not achieved. For many of us, our resolutions and goals are tied to what we mostly do during our waking hours — work. In an earlier article I wrote, I intimated my disbelief that one should love one’s work; that it cannot be true, because it is not true for everyone; that there are certain activities that would be almost impossible to love, like cleaning a poso negro. A noble job, yes; something that can help one provide for the family, but I find it hard to accept that one can love doing such a task.
As we hit the first month of the year, it is time for another round of renewal and compliance. What better way to start the year than to have a clear mind set of what needs to be accomplished.
As the last grain of sand dropped from the hourglass and fireworks exploded into the sky, the new year brings the hope of a new beginning. People with newly-cut hair and dressed in fresh clothes feasted on an abundant array of food. Homes are ablaze with excitement for the unknown future that the new year may bring.
From pricing and reputational risks to the threat of systems overload and cash flow disruption, indirect taxation is nothing like as easy as it seems. So how do you manage the hidden complexities of indirect taxation?
There may be a storm brewing in some of the world’s largest economies as businesses come to terms with a skilled worker shortage. Are technology and mobility two options for businesses struggling to find talent?
After all the firecrackers have been lit, after all the food have been eaten, and once all the noises have dissipated, we remember that we now have to turn the pages of our calendars or replace them with new ones. We face another new year filled with unknown challenges and surprises. There is also the realization that, while the year is definitely new, we, on the other hand, have gotten older and fallen prey to the unstoppable hands of time once again. Isn’t it ironic that one of the most accepted symbols of the new year is an infant in a top hat, sash, and diaper? The Baby New Year is an avatar of optimism as the clock ticks down to midnight on December 31. The infant symbolizes on top of everything associated with it humanity’s desire to forever hang on to youthfulness. The reality of it, however, is that every new year we grow older; we age.
