Friday November 24 , 2017
Business Mirror Articles

Business Mirror Articles

BDB Law's "Tax Law for Business" is a column which appears in the opinion section of Business Mirror every Thursday.

The articles highlight the most significant developments in Taxation as a result of amendments in the law and new issuances from the Bureau of Internal Revenue (BIR) and other administrative agencies. It also headlines recent pronouncements of the courts and quasi-judicial bodies involving tax and corporate matters.

Documents

New rules on the accreditation of importers and customs brokers New rules on the accreditation of importers and customs brokers

A discussion on the years, governments have been devising ways to combat and eradicate smuggling.

The taxability of proprietary nonprofit hospitals reiterate The taxability of proprietary nonprofit hospitals reiterate

A discussion regarding last September 26, 2012, the Supreme Court (SC) ruled in the consolidated cases of St. Luke’s Medical Center Inc. (GR 195909 and GR 195960) that it is not exempt from income tax, as it is not exclusively operating for charitable purposes.

New rules on requests for rulings New rules on requests for rulings

A discussion on the WELL-SETTLED rule that tax refunds or credits, just like tax exemptions, are strictly construed against the taxpayer.

The 2014 priority projects of the BIR The 2014 priority projects of the BIR


Discusses the priority programs of the BIR for year 2014 as circularized in Revenue Memorandum Circular (RMC) No. 4-2014.

Tax incentives for housing projects Tax incentives for housing projects

A discussion on the one THE Constitution provides that the state shall establish, maintain and ensure adequate social services in the field of housing to guarantee the people’s enjoyment of a decent standard of living.

Due process revised Due process revised

A discussion on the one of the most potent defenses against a tax assessment is the failure of the Bureau of Internal Revenue (BIR) to observe due process.

The power to tax as a tool of police power The power to tax as a tool of police power

A discussion on the purposes of taxation are twofold: revenue and non-revenue.

Year-end considerations Year-end considerations

A discussion on the some of the obligations of a taxpayer to ensure compliance with tax obligations as the taxable year closes.

Taxation of online credit-card transactions Taxation of online credit-card transactions

A discussion on the advent of information technology significantly changed the way we do business.

Protesting a tax assessment Protesting a tax assessment

A discussion on the recently issued Revenue Regulation 18-2013 amending the Rules on Assessment of National Internal Revenue Taxes (RR 12-99).

 Transfer Pricing Survey on management fees Transfer Pricing Survey on management fees

A discussion on the Transfer Pricing Survey on management fees done by the WTS.

PDAF and IRA PDAF and IRA

A discussion on the recent decision of the Supreme Court—through GR 208566, 208493 and 209251—to declare the Priority Development Assistance Fund (PDAF) of lawmakers as unconstitutional certainly brings hope to taxpayers that the taxes they paid to the government are properly used for public purposes.

Refund of excess taxes withheld on compensation Refund of excess taxes withheld on compensation

A discussion on the except in cases where an exemption applies, every employer is required to withhold the corresponding taxes on compensation before paying this to employees.

Tax treatment of stock options Tax treatment of stock options

A discussion on the many ways by which a company can provide incentives, rewards or benefits to its employees.

Gray areas in claims for VAT refund Gray areas in claims for VAT refund

A discussion on the IT is now settled that the filing of the administrative claim and the filing of the judicial claim for value-added tax (VAT) refund have different prescriptive periods that must be observed.

Tax on the professional fees of medical practitioners Tax on the professional fees of medical practitioners

A discussion on the ordering to promote prosperity and competitiveness in a growing economy such us ours, we need to maintain a skilled work force.

Bonus is such as lonely word Bonus is such as lonely word

BONUS. A word that is so pleasing to hear, one that we constantly hear or read nowadays from our favorite media outlet

Amended tax treaty between PHL, Germany signed Amended tax treaty between PHL, Germany signed

A discussion on the double-taxation agreements meant to promote international trade and investment by ensuring that entities are not subject to the double application of certain types of tax between two states, as this would be detrimental to foreign business activity. The sharing of tax information afforded by a double-taxation agreement enhances the ability of tax administrators to monitor fiscal performance and revenue collections.

Online business transactions Online business transactions

A discussion on the not unusual IT these days for businesses, intermediaries and consumers to transact business online.

The power of judicial review The power of judicial review

A discussion on the legal system is replete jurisprudence defining the power of the courts to test the validity of legislative and administrative acts in light of their conformity with the Constitution.

Search Document

Keyword
Category

Shopping Cart

There are 0 items in your cart