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National Internal Revenue Code of 1997 5th Edition
When you receive positive and laudatory remarks, one normally feels excited over something you might have actually won.
“Roar” by Katy Perry was the piano piece that my then six-year-old daughter practiced for her recital. On recital day, she was begging me and her mom that we skip the recital altogether. Until now, I still feel the anguish she had that day. I still hear her cries for understanding. I still see the fear on her face. She was fearful of performing in front of people. She was afraid of failure. She was frightened of making a fool out of herself.
As the debate on adopting federalism in the Philippines heats up, the powers and limitations of local government units (LGUs) to tax is coming to the fore.
TO better serve the public, the Bureau of Internal Revenue (BIR) announced it has created a fast lane for one-time, simple transactions. Revenue Memorandum Circular (RMC) No. 43-2018 issued last May 18 states that the fast lane caters to individuals or corporations filing capital gains tax or donor’s tax returns with only one deed of sale, exchange, or donation involving one to three properties.
A week ago, I was browsing through my social media feed and saw a post about kids crying and having fits on their first day at school.
Thirteen years ago, when I was still in my early college years, I represented my class in a university-wide extemporaneous speaking competition.
International taxation is undergoing the biggest shake-up for a generation. The already complex world of transfer pricing is at the front and centre of these disruptive changes, both in the rules that govern it and in the heightened scrutiny it now faces.
