A FEW months ago, the Home Development Mutual Fund (HDMF or Pag-Ibig Fund) issued Circular No. 380, amending the following guidelines on membership termination from the previously issued Circular No. 342.
THE Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) 60-2019 to clarify the tax treatment of transfer of real property by an economic zone (ecozone) developer/operator duly registered under the Philippine Economic Zone Authority (Peza) to another Peza entity.
The 2017 NBA championship is now part of history and the Golden State Warriors emerged as the winner.
TO encourage new foreign investments to boost the Philippine economy, Executive Order 22, otherwise known as “Reducing the rates of duty on capital equipment, spare parts and accessories imported by the Board of Investments (BOI)–registered new or expanding enterprises” and its corresponding Implementing Rules and Regulations (IRR) were issued last April and May 2017, respectively.
One Tuesday night in June, I found myself lying down on a mat in a hot, candlelit room filled with people, mostly women.
Last month, the Philippine Atmospheric Geophysical and Astronomical Services Administration (PAGASA) officially announced the start of the rainy season.
Is your tax department acting as your active internal business partner? Or is it the usual compliance and transaction-based unit that most large corporations in the Philippines have?
RECENTLY, the Social Security System (SSS) issued SSS Circular 2017–006, reminding all member-employers to fulfill their responsibility to provide timely social security benefits to member-employees unable to work due to sickness, injury, childbirth or miscarriage.
