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National Internal Revenue Code of 1997 5th Edition
On this day 30 years ago, Punongbayan & Araullo was born, and I have since been with the company for almost half of those years. It was only fitting that “the firm with a big heart” was established on Valentine’s Day.
The start of the year has been good for taxpayers who are under investigation, as new tax rules introduced some changes that will benefit them. Changes such as the lowering of the deficiency interest rate, the no simultaneous imposition of deficiency and delinquency interest, and allowing the deduction of an expense for which necessary withholding tax was belatedly paid are sure to be of great help.
Dear Anton, Thank you for your letter. I’m sorry if I cannot directly respond to everything you said.
Dear Heavenly Father, We praise You, we glorify You, and we thank You for the countless blessings and guidance that You continuously provide us.
THE Securities and Exchange Commission (SEC) issued Memorandum Circular No. 03 dated Jan. 22, setting the due dates for submitting the annual financial statements (AFS) and general information sheets (GIS).
IN THEATER, well-wishers usually say “break a leg” to actors before they perform on stage. The saying is an idiom that means “good luck.” Much to my dismay, it was not really good luck when I broke my leg eight months ago. As a result of the fracture, I spent a great deal amount of time on crutches, in a wheelchair, and in a cast. I am currently on an air cast, but I am already able to put partial weight on my leg. Through this painful experience and, as I am continuously adjusting to this reality, I have learned (and relearned) some of life’s most profound lessons the hard way:
Dear Anthony, I hope that you have found your second home in your new school. It is definitely much bigger than the previous school you had been to. That institution is going to be a major factor in shaping who you will eventually become. How is first grade? Hopefully, you have already outgrown your feeding bottles. Mom keeps reminding me, every time she gets an opportunity, that you are still bringing them to school. Time to grow up, buddy!
THE Bureau of Internal Revenue has issued Revenue Regulations (RR) No. 6-2018 revoking RR No. 12-2013, relative to the deductibility of certain expenses.
