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The Grueling Tax Penalties in the Philippines and More

April 13, 2014 Vic 3 Comments

Tax Penalties in the Philippines

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...]

Law & Government, Taxation corruption in the Philippines, government, Philippine taxation, Tax penalties, taxpayer

Top 10 New Year’s Resolutions for Philippine Politicians

December 17, 2013 Vic Leave a Comment

Congress or tribe of baboons

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...]

Politics government, leadership, New Year Resolution, Philippine politics, society

The Winners of 2013 Philippine Elections

May 12, 2013 Vic 1 Comment

Philippine 2013 election

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...]

Politics 2013 Philippine Elections, Filipino people, government, leadership, Philippine senators

The Anti-red Tape Law in the Philippines: What You Should Know

May 4, 2013 Vic 7 Comments

LGU office Philippines

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...]

Philippine Laws business law, business license, business permit, government, Red Tape

The Philippines is in a Serious Calamity

April 19, 2013 Vic 2 Comments

Philippines suffering

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...]

Economics, Politics, Society corruption in the Philippines, government, OFW, Philippine economy, Poverty in the Philippines

How to Stop Corruption in the Philippines

February 23, 2013 Vic 7 Comments

Construction 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...]

Law & Government, Politics corruption, economy, government, Philippines, poverty, social responsibility

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