As clarified by the Bureau of Internal Revenue (BIR), Diaz’s government winnings and gifts from private individuals and corporations are excluded from income taxes under Section 32(B)(7)(d) of the Tax Code.
Filter insights by:
Showing 8 of 433 content results
In less than two months, I will tie the knot with my girlfriend of eleven years. Looking back, I went through failure, heartache, and disappointment but, at the same time experienced milestones and achievements that made me who I am today. Being with someone I cherish made me a better version of myself. As American author Helen Keller put it, “the best and most beautiful things in the world cannot be seen or even touched — they must be felt with the heart.” It is better to have someone to rely on.
In less than two months, I will tie the knot with my girlfriend of eleven years. Looking back, I went through failure, heartache, and disappointment but, at the same time experienced milestones and achievements that made me who I am today. Being with someone I cherish made me a better version of myself. As American author Helen Keller put it, “the best and most beautiful things in the world cannot be seen or even touched — they must be felt with the heart.” It is better to have someone to rely on.
“Would you rather eat a chocolate-flavored poop or a poop-flavored chocolate?” That’s my nine-year old’s favorite “Would you rather” question. “Would you rather” is a game we often play to pass time. It is a game my wife and I introduced to our kids to generate conversations and laughter. It was interesting for us as adults to hear how our kids, at their very young age, make choices and reason out. Oftentimes, the choices are between bad and worse or between something good and better, depending on a person’s biases and perspective. A year ago, at the latest, my second daughter would simply copy the choice made by her older sister but, as the younger one gained more experience, she is starting to make her own choices and her reasoning begins to become more complex.
Nothing is forever, except change. The wise words of Buddha proclaim the undeniable truth that the only thing constant is change. Life is a process of becoming; thus, we should always keep ourselves abreast with the changing times. After all, progress is impossible without changing the status quo.
BUSINESS entities must pay their local business taxes (LBT) with the local government unit (LGU) every year.
Another new year, another set of goals and resolutions reflected upon and listed. Some resolutions are new but, if you are like me, most of this year’s resolutions are recycled from previous years, because they were not achieved. For many of us, our resolutions and goals are tied to what we mostly do during our waking hours — work. In an earlier article I wrote, I intimated my disbelief that one should love one’s work; that it cannot be true, because it is not true for everyone; that there are certain activities that would be almost impossible to love, like cleaning a poso negro. A noble job, yes; something that can help one provide for the family, but I find it hard to accept that one can love doing such a task.
As we hit the first month of the year, it is time for another round of renewal and compliance. What better way to start the year than to have a clear mind set of what needs to be accomplished.