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I was in early primary school when I first heard the song Magic Penny.

The topic of death is usually best avoided, except on All Saints’ and All Souls’ Day when we remember our loved ones who have departed from this world. We must accept that however, even during times of death, we still need to pay taxes. The estate tax is often paid late, and sometimes not at all, for various reasons — the emotional unpreparedness of those left behind, insufficient liquid assets, and ignorance of the requirements, among others. As a result, collections from the estate tax are among the government’s weakest sources of revenue.

FOR THE PAST few days, we have seen once again the spectacle of candidates filing their candidacy for elective posts in the 2019 mid-term elections.

In October 2015, Waze released the results of its Global Driver Satisfaction Index (GSDI), identifying Manila as having “the worst traffic on earth.”

IN RESPONSE to the timely processing of claims to ensure members and beneficiaries receive their benefits and loan proceeds, the Social Security System (SSS) launched the real time processing of contributions program (RTCP), where contributions and loan repayments are posted within 24 hours from the time of payment.

It has been said that “happy are those conscious of their spiritual need, since the Kingdom of the heavens belongs to them.”

If there were no rules for one day and you could be outrageous, what would you do? I would travel the world, splurge on luxuries, and spend everything on memories.

THE Bureau of Internal Revenue (BIR) recently issued Revenue Memorandum Circular (RMC) 85-2018, clarifying the number of electronic certificates authorizing registration (eCARs) to be issued to taxpayers who submitted documents for transfer of real properties with the Land Registration Authority under an extrajudicial settlement.