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National Internal Revenue Code of 1997 5th Edition
IN line with Republic Act (RA) 10754, also known as “An Act Expanding the Benefits and Privileges of Persons with Disability (PWD),” and Revenue Regulations 5-2017, the Bureau of Internal Revenue (BIR) has updated the Certificate of update of exemption, and employer and employee’s information (BIR Form 2305) and the corresponding UEE data entry and batch file validation modules, to include persons with disability (PWD) as qualified additional dependents, through the issuance of Revenue Memorandum Circular 42-2017 and 43-2017.
When our loved ones pass away, we do not concern ourselves immediately with the transfer of properties they left behind.
AS an accountant, I keep myself well-informed and updated about financial developments, including the jargons. One term that caught my attention – maybe because of its relevance to current political and business situations in the Philippines – is the “cobra effect.”
While waiting for the proposed tax reform to be enacted into law, I often tend to daydream about what I am going to do with the extra money I’ll get from my take-home pay.
THE PHILIPPINES has recently been enjoying a boom in tourism
Social media, once dismissed as a passing fad by most people, is now more important and ubiquitous than traditional print advertising.
The House of Representatives passed on third and final reading what it calls the “Tax Reform for Acceleration and Inclusion” (TRAIN) Act.
The new season of Netflix’ House of Cards has just been released. The success of this series is largely due to its two protagonists, Frank and Claire Underwood.
