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Philippine Taxation: February 2011
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Thursday, February 10, 2011. Using Personal Credit Cards for Company Expenses. Good and bad news. 1 Using personal credit card for company expenses can be allowed for deduction for income tax purposes provided the requirements of deductibility are met. 2 However, for companies required to withhold, RMC 72-2004 provides reprieve on exemption of withholding only to those corporate credit cards. See full text of RMC 72-2004 here: ftp:/ ftp.bir.gov.ph/webadmin1/pdf/14572rmc04 72.pdf. By Shirley S. Go. Under ...
Philippine Taxation: July 2010
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Sunday, July 18, 2010. Electronic Letter of Authority as per RMO 62-2010. Revenue Memorandum Order No. 62-2010. Prescribes the supplemental guidelines on the electronic issuance of Letters of Authority (LA) and related audit policies and procedures. How does an eLA look like? What the RDOs are doing now, is issuing LAs and backdating them to June 25; nevertheless, it does not excuse them from complying with the above RMO. Download full text here:. Labels: Letter of Authority. An SSS member should:. Ensur...
Philippine Taxation: July 2011
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Sunday, July 10, 2011. Exemption from Expanded Withholding Tax. It is important to be informed that there are income payments exempt from withholding tax. Sec 2.57.5 of RR 2-98 lists the income payments exempted from withholding, thus withholding of creditable withholding tax prescribed in RR2-98 shall not apply to income payments made to the following:. A) National government and its instrumentalities, including provincial, city or municipal governments;. Partnership as such shall not be subject to the ...
Philippine Taxation: October 2011
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Monday, October 10, 2011. New Income Tax Returns ITR Form - RMC No. 40-2011. BIR issues new Income Tax Returns ITR Form - Revenue Memorandum Circular (RMC) No. 40-2011. Quezon City, 07 September 2011. The issuance also provides that all juridical entities following the fiscal year of reporting are likewise required to use the new BIR Form No. 1702 starting with those covered by fiscal year ending. January 31, 2012. 8220;substituted filing scheme.” With the issuance of the new BIR Form 1700, how...Exceeds...
Philippine Taxation: November 2011
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Monday, November 7, 2011. VAT and Withholding Tax for Airline and their Agents. Tax rules for domestic airlines, their sales agents and clients. By Lina P. Figueroa. Tax rules for domestic airlines, their sales agents and clients. Domestic airlines are VATable at 12% on their receipts from transport of passengers, goods or cargoes to and from places within the Philippines, including on transactions incidental to their air transport operations. Sales agents of domestic airlines. Since the GSA is simply co...
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Philippine Tarsier
Skip to main content. New Partnership with Autoinsurancemonkey.com. June 21, 2016. April 12, 2017. Hello guy’s and girls great news! I’m happy to say we’ve partnered with autoinsurancemonkey.com. Helps people find cheap auto insurance. In states from Alaska to Texas. This partnership came about because a friend of my happens to work their and a few drinks in we started talking about monkey’s. ( I have weird friends). Hopefully if everything goes well we can have the amount increased 🙂. May 29, 2017.
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Philippine Taxation
Monday, November 7, 2011. VAT and Withholding Tax for Airline and their Agents. Tax rules for domestic airlines, their sales agents and clients. By Lina P. Figueroa. Tax rules for domestic airlines, their sales agents and clients. Domestic airlines are VATable at 12% on their receipts from transport of passengers, goods or cargoes to and from places within the Philippines, including on transactions incidental to their air transport operations. Sales agents of domestic airlines. Since the GSA is simply co...
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Philippine Tax Lawyers, Attorneys, and Law Firm
Philippine Tax Lawyers, Attorneys, and Law Firm. Write your welcome headline here. Nullam posuere felis a lacus tempor eget dignissim arcu adipiscing. Donec est est, rutrum vitae bibendum vel, suscipit non metus. Nullam posuere felis a lacus tempor eget dignissim arcu adipiscing. Nullam posuere felis a lacus tempor eget dignissim arcu adipiscing. Nullam posuere felis a lacus tempor eget dignissim arcu adipiscing. Donec est est, rutrum vitae bibendum vel, suscipit non metus. June 13, 2013. This is a text ...
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Philippine Taxpayer
Iglesia Ni Cristo is a Philippine-based Manalo family corporation cult. Iglesia Ni Cristo member Yasmien Kurdi. Manila, Philippines - Yasmien Kurdi is an Iglesia Ni Cristo celebrity that all INC members are 'quite' proud of having her with their cult. Many INC members have already made their names in the Public eye. Arlyn Dela Cruz. Are also well-known INC members. We can easily know and define the character of the Iglesia Ni Cristo preacher Felix Manalo. And Engr. Renante Nate. Kurdi’s counsel is ...
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Philippine Tax Talk This Day and Beyond
Philippine Tax Talk This Day and Beyond. Philippine Taxation Updates and Beyond and Taxation Related to Business, Finance and Personal in General. Friday, August 14, 2015. 2015 Implementing Rules and Regulations Of The Securities Regulation Code Or 2015 SRC Rules. In reference with the press release of the Securities and Exchange Commission, announced the approval of the 2015 Implementing Rules and Regulations of the Securities Regulation Code or 2015 SRC Rules. Is now simply defined as evidence of indeb...
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