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Envoy Global, Inc.
The government of the Philippines introduced amendments for the Philippine Economic Zone Authority visa on 14 September 2022.
Villaraza & Angangco (V&A Law)
The Philippine Labor Code only recognizes two modes of involuntary separating an employee from employment, namely: through just causes and authorized causes.
Spruson & Ferguson
Discusses notable key changes to the IRR.
SyCip Salazar Hernandez & Gatmaitan
In August 2022, the House of Representatives' Committee on Ways and Means approved a bill proposing a new fiscal regime for the Philippine mining industry, following the previous proposal...
SyCip Salazar Hernandez & Gatmaitan
Yes. In Bureau of Internal Revenue vs. Samuel Cagang (G.R. No. 230104, March 16, 2022), the Supreme Court upheld the deficiency withholding tax assessment against a taxpayer,...
SyCip Salazar Hernandez & Gatmaitan
No. The stock transaction tax is not an income tax but a percentage tax. The exclusion from gross income under Section 32(B)(7)(a) of the NIRC applies only to income tax under Title II of the...
SyCip Salazar Hernandez & Gatmaitan
No. The Bureau of Internal Revenue's (BIR's) collection efforts are initiated by distraint, levy, or court proceeding and not upon issuance of a Final Decision on Disputed Assessment (FDDA).
Serrano Law
Merger Control Comparative Guide for the jurisdiction of Philippines, check out our comparative guides section to compare across multiple countries
Envoy Global, Inc.
Third-country providers are now required to apply for accreditation in order to apply for an alien employment permit on behalf of an employee...
Rouse
The Philippines is mainly a civil law country, but its legal system also has elements of the common law system, which is mainly reflected in the fact that the judgments of the...
Envoy Global, Inc.
As of 30 May 2022, the government of the Philippines will require fully vaccinated travelers to present proof of vaccination and a negative RT-PCR test taken 48 hours prior to departure.
SyCip Salazar Hernandez & Gatmaitan
On May 06, 2022, Republic Act (RA) No. 11765, or the Financial Products and Services Consumer Protection Act, was signed into law.
SyCip Salazar Hernandez & Gatmaitan
On March 2, 2022, the President signed into law Republic Act (R.A.) No. 11647 which amends the three-decade old Foreign Investments Act of 1991 (FIA). R.A. No. 11647 aims to attract...
SyCip Salazar Hernandez & Gatmaitan
Section 267 of the Local Government Code of 1991 (LGC) provides, in part, that "[n]o court shall entertain any action assailing the validity of any sale at public auction of real property or ...
SyCip Salazar Hernandez & Gatmaitan
Only a small sliver of the Philippine population, less than 2%, avails itself of insurance. This is one of the lowest rates in Asia.
S.S. Rana & Co. Advocates
The Director General of World Intellectual Property Organization (WIPO) in accordance with Rule 35(2) (d) of the Regulations under the Madrid Protocol has established new amounts...
SyCip Salazar Hernandez & Gatmaitan
If the 50% threshold is breached, the applicable income tax rate is the 25% regular corporate income tax rate.
SyCip Salazar Hernandez & Gatmaitan
On March 2, 2022, the President signed into law Republic Act (R.A.) No. 11647 which amends the three-decade old Foreign Investments Act of 1991 (FIA). R.A. No. 11647 aims to attract, ...
SyCip Salazar Hernandez & Gatmaitan
Bank of the Philippine Islands (BPI) recently inked two term loan facility agreements amounting to Php 77 billion, enabling the sale of PLDT's telecom towers to international tower operators
SyCip Salazar Hernandez & Gatmaitan
Prior to the implementation of the Corporate Recovery and Tax Incentives for Enterprises Act (the CREATE Act), the Philippines adhered to the "cross-border doctrine", under which ecozones and freeport zones...
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