By: Euney Marie Mata-Perez on August 16, 2018
The Senate finally approved on third reading Senate Bill 1280 (SB 1280) which, once passed into law, introduces major amendments to our existing Corporation Code (Batas Pambansa Blg. 68) passed 38 years ago in 1980.
It’s thus worth noting the significant amendments the Bill seeks to introduce.
By: Euney Marie J. Mata-Perez on August 9, 2018
As a general rule, corporate officers are not liable for a corporation’s liabilities because of the legal fiction that corporate entities have legal personality separate from the individuals that comprise it.
By: Bernadette E. Tamayo on July 29, 2018
TAXPAYERS would enjoy the benefits of the taxes being collected from them if the government would further broaden the tax base and collect more revenues for infrastructure and social services programs, a tax lawyer said on Saturday.
By: Richelle Dianne R. Patawaran on July 26, 2018
The Data Privacy Act of 2012 (DPA) prohibits the processing of “personal information” except when certain conditions exist. Thus, personal information controllers have been very cautious in releasing information, such as lists of names, etc., in fear of violating this rule. In two recent opinions issued by the National Privacy Commission (NPC), however, we get a view as to how NPC interprets such prohibition with respect to homeowners’ associations and universities.
By: Mark Anthony Tamayo on July 19, 2018
It’s common for regular importers to be oblivious of the mistakes and errors in the details of particulars of their previously filed goods declarations relative to their past shipments of goods into the country. Importers generally consider their declarations correct and final once the imported goods are released from the Bureau of Customs (BOC) without any issues.