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PREVIOUSLY, the Securities and Exchange Commission (SEC) issued Memorandum Circular No. 9-2011, prescribing a 10-year limit on independent directors in listed, public and mutual fund companies.
Guidelines in securing importers and broker's BIR clearances
To increase the audit coverage of Value Added Tax (VAT)-registered taxpayers and facilitate completion and reporting of cases under VAT Audit Program (VAP), the Bureau of Internal Revenue (BIR) recently issued Revenue Memorandum Order (RMO) No. 59-2016 expanding the coverage of VAT audit investigations and introducing issue-based audit under the VAP.
One of the items in the ten-point socio-economic agenda of the Duterte administration speaks of the development of rural tourism, a variant of ecotourism that gives “the country experience.” As more and more tourists are lured to the beauty of our countryside related jobs and livelihood should also filter down to rural people.
