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.
The potential of Visayas-Mindanao (Vis-Min) for economic growth has been on the rise, especially since the commencement of the current administration to advocate development in the rural regions of that part of the country.
THE Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Order 12-2017 to implement the guidelines in the issuance of Certificate of Tax Exemption (CTE) and electronic Certificate Authorizing Registration (eCar) for the transfers of raw lands to community/homeowners associations covered under the Community Mortgage Program (CMP) of Republic Act 7279, or the “Urban Development and Housing Act of 1992.”
On Feb. 28, President Rodrigo R. Duterte, through Memorandum Order No. 12, approved the 2017 Investment Priorities Plan (IPP), as drafted by the Board of Investments (BoI).
When President Rody Duterte ran for the presidency last year, one of his campaign promises was the adoption of federalism in the Philippines.
SECTION 204 of the Tax Code provides two remedies to the taxpayer: compromise and abatement.
A few weeks ago, I attended a meeting where it was discussed that Bureau of Internal Revenue (BIR) rulings are no longer published.
