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Gov’t OKs transfer of IT-BPM firms to Board of Investments

Firb set to discuss extension of WFH setup for IT-BPM workers

TO ensure that private schools and hospitals “would not suffer from tax uncertainty,” the chairman of the House Committee on Ways and Means urged the Bureau of Internal Revenue (BIR) to clarify the definition of “unrelated activities” under its revenue regulations. House Ways and Means Chairman Joey Sarte Salceda said…

Microsoft launches startups founders’ hub in Asia

Infrastructure development, job creation and drive against crime ramped up in his watch

NONPROFIT group Philippine Energy Efficiency Alliance (PE2) urged the Department of Energy (DOE) to endorse energy efficiency (EE) projects to the Bureau of Investment (BOI) for incentives. The group told the agency to make all EE projects, strategic or otherwise, eligible for Tier III fiscal incentives as provided under Republic…

The bipartisan legislation is aimed at supporting small businesses in creative industries by increasing access to federal resources to help them grow.

U.S. Representative Debbie Dingell (MI-12) knows that the rapidly changing U.S. economy requires investment in small business that specialize in creative

Regulation on 0% VAT for exporters’ local purchases signed, set for release

SunStar + June 02, 2021 The Bureau of Internal Revenue (BIR) has addressed the questions and concerns of taxpayers and stakeholders on corporate income taxation in its Revenue Memorandum Circular (RMC) 62-2021 issued on May 17, 2021. The RMC clarifies BIR Revenue Regulations (RR) 5-2021. Which corporate income tax rate should be used? Under the Corporate Recovery and Tax Incentives for Enterprises (Create) Act, domestic corporations may be subjected to a lower regular corporate inc...