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...
By: Samantha Poblacion on July 12, 2018
The recognition of mental health as a basic human right in the Philippines finally came to pass after the Philippine Mental Health Law (Republic Act No. 11036, or RA 11036) was signed into law on June 21, 2018. The bill was pending in Congress for almost 20...
By: Florian Salcedo on July 5, 2018
On November 21, 2017, in time for its 81st anniversary celebration, the Securities and Exchange Commission (SEC) launched the full implementation of the SEC Company Registration System (CRS), an online platform providing for the full automation and online processing...
By: Euney Marie Mata-Perez on June 28, 2018
Reaching 50 years is no mean feat for a corporation and certainly a milestone worthy of a grand celebration.
However, from a corporation law standpoint, it can mean the “death” of the corporation when no application for extension or renewal of corporate...
By: Florian Salcedo on June 21, 2018
On February 22, 2018, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 12-2018 which effectively grants the Commissioner of Internal Revenue (CIR) the power to compel lawyers to divulge information of their clients as taxpayers....
By: Euney Marie Mata-Perez on June 14, 2018
In the corporate world, mergers are effective means to forge alliances and achieve economies of scale. Because resources are combined, mergers help companies grow and diversify as well as boost their market penetration. They can also simplify complex group...
By: Samantha Poblacion on June 7, 2018
On the eve of December 17, 2017, the price of the world’s first and most-traded virtual or cryptocurrency, Bitcoin, reached an all-time high of $19,783.21 since the publication of Satoshi Nakamoto’s white paper on the use of Bitcoin in 2009, when each coin had...
By: Euney Marie J. Mata-Perez on May 31, 2018
A few days ago, we saw the premiere of the movie entitled “Honor,” which is about the life of Jose Abad Santos, the fifth chief justice of our Supreme Court, and who briefly acted as President of the Commonwealth and Commander in Chief of the Philippine...
By: Gerardo Maximo Francisco on May 24, 2018
A recent article in this column entitled “Fixing fixed-term contracts” (The Manila Times, May 10, 2018) discussed the illegalization of fixed-term employment contracts as one way that House Bill No. 6908 (An Act Strengthening the Security of Tenure of...