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...]
Tax in the Philippines
The tax system in the Philippines is quite difficult to grasp by small and medium business owners, professionals and other income earners, especially if they don’t have any basic knowledge in accounting and taxation. For big companies and corporations, they have the money to hire … [Read more...]
Is Google AdSense Income Taxable?
Perhaps, Google AdSense is the most popular and the simplest way to earn money on websites and blogs. It is also free and could instantly be implemented on any site of all sizes once your AdSense account is approved by Google. If you are already receiving cash from Google or … [Read more...]
Tax for Online Traders, Sellers and Professionals
One of the doctrines of taxation is that taxes are the lifeblood of our country. Without tax collection, our government cannot be able to fund our national expenditures, such as the construction of bridges, public schools and hospitals, and the implementation of existing laws and … [Read more...]
What is SALN (Statement of Assets, Liabilities, and Net Worth)?
Today, the chief justice of our country was convicted for culpable violation of the Philippine Constitution and betrayal of the public trust when he failed to disclose to the public his Statement of Assets, Liabilities, and Net Worth (SALN). The impeachment court, with 20 senator … [Read more...]
10 Mistakes to Avoid When Filing Income Tax Return
There is only one week left until April 15 is here – the deadline for annual income tax filing. If you are already done filing your income tax return with the BIR, then congratulations for making it earlier than the due date. For others who have not yet filed their income tax … [Read more...]
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