In order to encourage taxpayers in the Philippines to file and pay their taxes on or before the due date, the BIR and DOF impose penalties for late filing of any tax declarations. Basically, the tax penalty here is composed of interest (20% per annum), surcharge (outright 25% if … [Read more...]
Top 10 New Year’s Resolutions for Philippine Politicians
Politics is not the main topic of this blog – we are usually blogging about business. But politics can also have a great effect in the business sector, especially the small and medium companies. We need a good government to support aspiring entrepreneurs and aid existing … [Read more...]
The Winners of 2013 Philippine Elections
On May 13, 2013, the people of the Philippines who are registered voters will exercise their right to vote. And before that, everyone can also exercise their right of freedom of expression to endorse or defend the political candidates whom they believe are worthy to win and serve … [Read more...]
The Anti-red Tape Law in the Philippines: What You Should Know
Have you ever experienced transacting with a Philippine government agency and you suffer from the complicated procedures, time-consuming steps, and unnecessary requirements that the office personnel have required you to comply? Well, you’re not alone. Red tape, defined by the … [Read more...]
The Philippines is in a Serious Calamity
We've been hit by earthquakes, volcano eruptions and super typhoons. We've been invaded by the Spaniards and the Japanese conquerors in the past. Natural disasters and wars have shaken our nation over the years, but these are not the calamities I’m talking about. … [Read more...]
How to Stop Corruption in the Philippines
It’s good that the Philippines is developing and rising. Have you heard the news about the strengthening of the Peso and the growth of the Philippine stock market? Can you feel them? Whether you feel them or not, there’s a fact that we are still left behind by other countries and … [Read more...]
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