Global trade order in a wobble as Washington snubs status quo at World Trade Organization
BusinessWorld Online - 2017-12-17
In a letter sent to US Treasury Secretary Steven Mnuchin, Britain, France, Germany, Italy and Spain said that the inclusion of "certain less conventional" tax provisions would contravene WTO rules and violate double taxation treaties. In a separate ...

Take your time, Mr. President
BusinessWorld Online - 2017-12-17
A top priority should be the line-item veto of the entire Section 42 of the bill, which increases the excise tax on cigarettes by a measly average of P1.67 per year until 2023 and has an effect of removing the dedicated funding for universal health care.

DoF preparing IRR for Philippine Tax Academy
BusinessWorld Online - 2017-12-17
All personnel of the Bureau of Internal Revenue (BIR), the Bureau of Customs (BoC), and the Bureau of Local Government Finance (BLGF) are required to undergo training programs at the academy before they can be hired, whether on contractual basis or as ...

Disney-Fox deal may create a new nerdy nirvana
Philstar - 2017-12-17
That would recreate online what the U.S. Supreme Court broke apart in the 1940s. That's when the court forced Hollywood studios to divest ownership of theater chains to keep content producers from controlling every step along the way to the consumer.

Major Hollywood media players start commission for sexual misconduct
Inquirer Entertainment - 2017-12-17
The group chose as its chair the law professor Hill, who brought the concept of sexual harassment to national consciousness in 1991 when she testified during the Supreme Court confirmation hearings of Clarence Thomas. "It is time to end the culture of ...

Confidentiality of SC deliberations
Inquirer Opinion - 2017-12-17
Furthermore, Justices Mariano C. Del Castillo, Francis H. Jardeleza, Noel G. Tijam and Andres B. Reyes Jr. and Court of Appeals Justice Remedios A. Salazar-Fernando "may testify only on administrative or non-adjudicatory matters." Moreover, Justice ...

Dumaguete may return property to owners
Philstar - 2017-12-17
Remollo also belied reports of a cheaper lot, adjacent to the Divinagracia property, for use as sanitary landfill of the city because the zonal valuation of the Bureau of Internal Revenue for the area is already placed at P500 per square meter.

DFA allows Pinoys to come home and still return to Iraq
interaksyon.com - 2017-12-16
The Embassy shall provide the Philippine Overseas Employment Administration, on a regular basis, the list of Filipino workers who have applied for Balik Manggagawa coverage. In order to travel back to Iraq, Filipino workers covered by the exemption are ...

Ex-PCGG chair Sabio faces rap anew
Philstar - 2017-12-16
to rule in favor of the GSIS in a case filed by the Lopez-owned Meralco. In June of this year, the First Division of the Sandiganbayan convicted Sabio of graft in connection with the alleged anomalous car lease deals that the PCGG entered with the United ...

Fewer jobless Pinoys noted in September
Inquirer - 2017-12-16
There were fewer Filipinos without jobs in September just but optimism over the availability of jobs in the next 12 months dropped, the latest Social Weather Stations (SWS) survey showed. The Sept. 23-27 survey found joblessness at 18.9 percent, or an ...

U.S. welcomes steps by Thailand to improve intellectual property protection
Reuters - 2017-12-15
WASHINGTON (Reuters) - U.S. Trade Representative Robert Lighthizer on Thursday welcomed "corrective actions" by Thailand to improve intellectual property protection in the Southeast Asian nation. Thailand would be moved from the "priority watch list ...

Tax hike seen making PH equities uncompetitive
Inquirer - 2017-12-15
The insertion of a 20-percent increase in the stock transaction tax in the Tax Reform for Acceleration and Inclusion (TRAIN) program in Congress is seen to yield P1.7 billion in additional revenue yearly but the Philippine Stock Exchange is worried this ...

Thoughts on double vodka
BusinessWorld Online - 2017-12-14
Yes, you got that write: they were actually celebrating the fact that they were trained by their university to write in heavy pseudo ... If they had a teacher (and, accepting the assumption, a great teacher) that would write in such a way is unfortunate.

DFA says OFWs in Iraq can come home for Yuletide
Business Mirror - 2017-12-14
In order to travel back to Iraq, Filipino workers covered by the exemption are required to submit to the POEA a certificate of exemption from the embassy.

Dulay reshuffles 15 revenue personnel
Business Mirror - 2017-12-14
The Bureau of Internal Revenue (BIR) has reassigned 15 of its personnel in a bid to address the exigencies of the revenue service. Under Revenue Travel Assignment Order 183-2017 approved on December 7, the 15 BIR personnel included former Regional Director ...

Trade groups unhappy with tax reform
Inquirer - 2017-12-14
Some of the biggest local and foreign business chambers in the country have expressed reservations about the final version of the first tax reform package, warning that some of the tax changes imposed would have a "negative impact" on both consumer ...

Martial law extension draws mixed reactions from Bukidnon folks
Mindanews - 2017-12-14
"It is also possible for the abuses to happen here," he added. Another board member, lawyer Jay Albarece of the Bukidnon first district, said he would just watch out for the Supreme Court deliberations.

4 Top Takeaways: Recent Trends Involving Intellectual Property in Bankruptcy
Lexology - 2017-12-14
Kilpatrick Townsend partner David Posner spoke at a recent New York State Bar Association event where he and other panelists discussed the topic "Around the Edges of IP: Complexities of IP in Bankruptcy." Mr. Posner provides four key takeaways from his ...

Deadline Approaching to Update Designated Agent Under the Digital Millennium Copyright Act
Lexology - 2017-12-14
The Digital Millennium Copyright Act (DMCA) protects eligible internet platforms from secondary liability for copyright infringement under the "safe harbor" of 17 U.S.C. § 512. One condition of safe harbor protection is that any platform asserting the ...

House, Senate ratify TRAIN bill
Business Mirror - 2017-12-13
In ensuring progressive taxation, the Senator explained some taxes were raised, particularly those that affect high-income earners like the documentary stamp tax, the final tax on foreign currency deposit units, and tax on gains from shares of stocks not ...

Death and taxes
Philstar - 2017-12-13
HIDDEN AGENDA By Mary Ann LL. Reyes (The Philippine Star) | Updated December 13, 2017 - 12:00am As they say, the only thing certain in this world is death and taxes. This is especially true for those whose loved ones left property, whether real or personal ...

Antitrust body appeals telco ruling
Inquirer - 2017-12-13
The Philippine Competition Commission (PCC) wants the Supreme Court to review the decision of a lower court after the latter made a mistake by deeming a controversial telco deal approved, a top official said. In a press briefing yesterday, Commissioner ...

Antitrust body appeals telco ruling
Inquirer - 2017-12-13
The Philippine Competition Commission (PCC) wants the Supreme Court to review the decision of a lower court after the latter made a mistake by deeming a controversial telco deal approved, a top official said. In a press briefing yesterday, Commissioner ...

Impasse on local coal tax delays TRAIN ratification
Philippine Daily Inquirer - 2017-12-13
Senator Loren Legarda, on the other hand, argued that the congressmen had already agreed to the repeal of Presidential Decree No. 972 exempted domestic coal from any form of taxation and they should abide by the agreement. She said the House contingent ...

Immaterial defense
Philstar - 2017-12-13
The Court of Appeals (CA) affirmed his conviction but found him guilty of violating section 5 (b) instead of Section 5 (a) and thus modified his sentence to eight years and one day minimum, up to 17 years, four months and one day maximum. Raffy still ...

A husband's dilemma
Visayan Daily Star - 2017-12-13
I have been applying but no company has responded yet. The Immigration Department has informed me that I have only 3 more months left in my working visa and unless I find a permanent job, with a company to sponsor me, I will be forced to go back to the ...

DOLE open to redesigning OFW ID after getting flak for Duterte photo
Rappler - 2017-12-13
Only returning OFWs under the Philippine Overseas Employment Administration's Balik Manggagawa program can apply for the first phase. "A lot of people are applying, that's why I instructed a technical working group to fast-track their monitoring of ...

Copyright Claim from Out of the Blue
JD Supra - 2017-12-13
What is interesting about this case (aside from the fact that every successful movie seems to be based upon copyright infringement) is the case for access by defendant. Plaintiff emailed her script to a consultant whose books were edited by someone who was ...

Opposition to raise martial law issue in Supreme Court
Philippine Daily Inquirer - 2017-12-13
Opposition senators on Tuesday said that executive department officials had no legal basis for a yearlong extension of martial law in Mindanao and that it was likely their justification for it would be questioned in the Supreme Court. The military said it ...

Employees Put Intellectual Property at Risk
Baseline - 2017-12-13
Sixty-two percent of employees think it's acceptable to transfer corporate data to their personal computers, tablets, smartphones and cloud file-sharing apps. The digital age has radically transformed the nature and value of information. Although ...

Bill to extend the copyright safe harbour provisions introduced
Lexology - 2017-12-13
The safe harbour scheme was considered to be necessary as there was a perceived risk that, notwithstanding the limited ability of CSPs to control the content on their systems, CSPs could be found liable for copyright infringement by their customers.

An offense vs the Constitution
Inquirer Opinion - 2017-12-12
The Duterte administration, with its cabal of compliant enablers in the chambers of Congress and its panel of pliable interpreters in the Supreme Court, has honed this special skill to an unusual degree, and the horrifying result is that we are on the ...

Palace to address security concerns before it allows entry of China Telecom
Business Mirror - 2017-12-12
Malacañang on Tuesday vowed to look into security concerns raised over the entry of a Chinese telecommunications company intended to challenge the duopoly of local players Globe Telecom Inc. and PLDT Inc. Presidential Spokesman Harry L. Roque Jr. admitted ...

Oct. sees less jobs, but quality improves
BusinessWorld Online - 2017-12-12
"[T]he annual drop in the underemployment rate during October was mainly evident in the agriculture sector," said Security Bank Corp. economist Angelo B. Taningco, citing "favorable weather conditions." Mitzie Irene P. Conchada, associate dean of ...

PCC airs concerns over SM’s Goldilocks acquisition
- 2017-12-12
By Patrizia Paola C. Marcelo, Reporter THE Philippine Competition Commission (PCC) has expressed concern over the SM Group’s acquisition of Goldilocks Bakeshop, Inc., saying the deal may give the latter an undue advantage over competitors operating in SM malls. The PCC is currently reviewing SM Investments Corp.’s acquisition of a controlling stake in Goldilocks, which …

Labor force survey (Philippines, October 2017)
BusinessWorld Online - 2017-12-12
THE RANKS of jobless Filipinos grew in October, but job quality saw the biggest improvement in more than a decade, according to latest labor data which the government released on Tuesday. Read the full story.

Alvarez: SC justices' testimony enough to establish probable cause
Philstar - 2017-12-12
MANILA, Philippines -- House Speaker Pantaleon Alvarez said the testimonies of four current and former Supreme Court justices were enough to send the impeachment complaint against Chief Justice Maria Lourdes Sereno to the Senate for a full trial.

DOLE taps NBI to probe corruption at POEA
Philippine Daily Inquirer - 2017-12-12
The Department of Labor and Employment (DOLE) has tapped the National Bureau of Investigation (NBI) to look into the anomalous activities at the Philippine Overseas Employment Administration (POEA). "A thorough investigation is now being conducted with ...

Timely adjustment of minerals tax
Inquirer Opinion - 2017-12-11
To advance proper disbursement, another aspect of mining taxation that should get attention is the timely remittance of the share of local government units. Clearly, the spirit of the Local Government Code in mandating the share of LGUs in the resources ...

Brother of ex-justice who was linked to Napoles named CA justice
Philippine Daily Inquirer - 2017-12-11
President Rodrigo Duterte has appointed the brother of former Sandiganbayan Associate Justice Gregory Ong to the Court of Appeals. In a transmittal letter sent to Chief Justice Maria Lourdes Sereno, Atty. Walter S. Ong will fill the post vacated Associate ...

TURNING POINT: Destruction and Reconstruction
Mindanews - 2017-12-11
It is public knowledge that PRRD has expressed extreme displeasure with the independent thinking leaders of the Supreme Court, the Office of the Ombudsman, and the Commission on Human Rights, and wanted them out. And the only way, without unnecessarily ...

Labor department begins issuance of iDOLE OFW ID card
Philippine Information Agency - 2017-12-10
Sample image of the iDOLE overseas Filipino worker identification card. (Photo courtesy of POEA/DOLE) MANILA, Dec. 11 (PIA) -- The Department of Labor and Employment (DOLE) has begun the first phase of the issuance of iDOLE overseas Filipino workers ...

Labor department begins issuance of iDOLE OFW ID card
Philippine Information Agency - 2017-12-10
The first phase of the system links DOLE with the Department of Foreign Affairs (DFA), Philippine Overseas Employment Administration (POEA), Overseas Workers Welfare Administration (OWWA), and the Bureau of Immigration (BI). The iDOLE system will further ...

Business community supports coal tax hike as milestone towards cheaper, cleaner electricity
BusinessWorld Online - 2017-12-10
THE SENATE has recently approved the Tax Reform for Acceleration and Inclusion (TRAIN) bill. This includes a coal excise tax increase from P10 per metric ton to P100 per metric ton in the first year, P200 in the second year, and P300 in the third and next ...

Yields on government securities steady ahead of Fed
BusinessWorld Online - 2017-12-10
Carlyn Therese X. Dulay, vice-president and head of institutional sales at Security Bank Corp., said the Dec. 4 settlement of the retail Treasury bonds (RTB) affected GS yields last week. "The large float temporarily caused some upward pressure on tight ...

Minda biz sector lays down 5-point advocacy for Marawi rehab
Mindanews - 2017-12-10
"Every year, more and more revenues through taxation are being missed due to lack of legitimate and formalization of many businesses," he said. Begafria added there is a need to improve access to business coaching among those who want to engage in ...

Tax evasion case vs Napoles daughter dismissed
Philippine Daily Inquirer - 2017-12-10
Earlier, the younger Napoles argued that the case was already extinguished after the Bureau of Internal Revenue issued on Nov. 29, 2016 a preliminary assessment notice (PAN) imposing a tax on her mother for the said luxury condo unit. Jean also claimed ...

DFA opens passport appointments for January 2018
Philippine Daily Inquirer - 2017-12-10
years old and below Overseas Filipino workers with supporting documents and proof such as employment contract may walk in at Philippine Overseas Employment Administration in Mandaluyong City. DFA reminds applicants that appointments are free and dealing ...

Controversial national ID system
Inquirer Opinion - 2017-12-10
However, a divided Supreme Court invalidated AO 308 in Ople vs Torres (July 23, 1998) basically on two grounds: 1) violation of the constitutional right to privacy, and 2) a national ID may be instituted only by Congress. In his ponencia, Justice (later ...

Group hits Senate version of tax reform
Inquirer - 2017-12-09
Bringing down the personal income tax rates under the first tax reform package will make the Philippines competitive with its Asean neighbors, the Department of Finance said Friday. However, a civil society group claimed that passing the measures in the ...

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