The lack of international consensus on taxing the digital economy is creating a vacuum of uncertainty. So, what’s coming up on the horizon and how can your business deal with the implications?
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PAG-IBIG memberships are classified into two categories: Pag-ibig Membership I under mandatory membership and Pag-ibig Membership II under voluntary membership.
TWO weeks ago, I was given the opportunity to facilitate a seminar on handling Bureau of Internal Revenue (BIR) tax assessments.
THE CONSTITUTION drafted by the Consultative Committee to Review the 1987 Constitution (ConCom) had drawn negative reactions, which went into a high crescendo with regard to the sharing of national taxes between the central government and local governments in relation to their responsibilities and functions.
The average human life span is 617,580 hours which doesn’t seem much. Time is fleeting, as they say.
THE buzz on the amendments to the tax laws has not wavered since last year.
There’s a thin line between moving towards execution of a half threshed-out plan and failing to reasonably account for all the consequences of the plot done in haste.
It always fascinates me whenever I hear my one-and-a-half-year-old daughter sings the famous children’s song “Rain, rain, go away, come again another day…” While her singing is an enchantment to my ears, it’s also sad because she cannot play outside because of the rain.