We need to be aware of the taxation system in our country. If you’re a person engaged in business or someone who is practicing his or her profession, you should know the corresponding business and income taxes that may be imposed on your business or professional activities. If … [Read more...]
List of Local Taxes in the Philippines
There are two basic types of taxes in the Philippines, namely, national and local taxes. National taxes are what we pay to the government through the Bureau of Internal Revenue. This includes income tax, Value Added Tax (VAT), percentage tax, excise tax, estate tax, donor’s tax, … [Read more...]
The Securities Regulation Code of the Philippines
For investors, equity securities like shares of stock of a corporation and debt securities like bonds, banknotes, and debentures can be good investing opportunities to earn profit and increase their wealth. For companies, those securities can be used to encourage more injection … [Read more...]
The Tax Code of the Philippines (National Internal Revenue Code of 1997)
Taxes have already existed since the ancient times. Tax is the lifeblood of nations and governments. Without tax revenues or collections, a democratic republic country like the Philippines will have no money to fund its national expenditures, such as public infrastructures … [Read more...]
The Corporation Code of the Philippines
The law regulates and places everything it covers in order. This is also true in the business and corporate world. If you are a proprietor or a partner who is planning to incorporate your business, you have to learn the corresponding laws that govern and regulate corporations. … [Read more...]
The Anti-cybercrime Law in the Philippines
On September 12, 2012, President Benigno “Noynoy” Aquino III has signed and approved Republic Act No. 10175, known as the “Cybercrime Prevention Act of 2012" or commonly known by the netizens as the Anti-cybercrime Law in the Philippines. The Act is a consolidation of House Bill … [Read more...]
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