Duterte vetoes 5 Train provisions
Inquirer - 2017-12-22
as it was violative of the Equal Protect Clause under the 1987 Constitution as well as the rule of equity and uniformity in the application of the burden of taxation. "Given the significant reduction in the personal income tax, the employees of these ...

Facebook & Universal Music Group Enter Multi-Year Licensing Agreement
International Business Times - 2017-12-22
Avoiding copyright infringement on Facebook has been an issue for users and it hampers the possibility of making Facebook a huge place for user-generated videos. Earlier this year, IBTimes reported that Facebook was in talks with record labels and music ...

Speaker goes on offense to defend cuts to opposition projects
Philstar - 2017-12-22
Alvarez, citing military reports, said that "in southern Mindanao alone, the [New People's Army] collects ... and even those in the supermajority have been re-allocated to free college education in state universities and colleges and to augment the ...

(Not) home for Christmas
Inquirer Opinion - 2017-12-21
Other such centers ... in Dubai, a data analyst in Jakarta, and so on. Their skills have diversified over time. These intrepid Filipinos endure the difficulty of being away from their loved ones just so they can send their children to school, build a ...

Philippine Daily Inquirer - 2017-12-21
In 2016, there were at least 34.13 million women age 15 and above in the Philippines, according to the 2017 Gender Statistics on Labor and Employment recently released by the Philippine Statistics Authority. Of this figure, 4.65 million women were from the ...

Star Citizen Dev Being Sued By Crytek Over Breach Of Contract And Copyright Infringement
GameSpot - 2017-12-21
German game developer and publisher Crytek is suing the developer of the ambitious PC space game Star Citizen over breach of contract and copyright infringement claims. Specifically, Crytek is suing Cloud Imperium Games on the claim that the the Star ...

Bank secrecy or transparency?
BusinessWorld Online - 2017-12-21
Merry Christmas and a prosperous 2018! Flor G. Tarriela is chairman of PNB and a director of FINEX. She was formerly undersecretary of Finance, the first Filipina vice president of Citibank N.A. and past president of BAIPHIL.

PSEi recovers as investors pick up select stocks
BusinessWorld Online - 2017-12-21
SM Investments Corp. was the most actively traded stock for ... MPIC will be joining Alliance Global Group, Inc., Filinvest Development Corp., JG Summit Holdings, Inc., Aboitiz InfraCapital, Inc., and AC Infrastructure Holdings Corp. for the proposal.

Fair taxation?
Business Mirror - 2017-12-21
Over the last 100 years since the United States changed its Constitution to make legal the taxation of income, we have lost sight of what taxation by the government means. We have been brainwashed by those that think economic prosperity comes from the ...

Bukidnon town inks P150-M loan with Land Bank
Mindanews - 2017-12-21
MALAYBALAY CITY (MindaNews / December 20) - The Municipal Government of Kitaotao, Bukidnon signed a P150-million loan agreement with the Land Bank of the Philippines (LBP) for structures that will boost local development and tourism, officials said.

Cebu business community speaks: Mixed views on new tax law
Philstar - 2017-12-21
CEBU, Philippines -- The passage of the Tax Reform for Acceleration and Inclusion (TRAIN) bill has drawn mixed views from the Cebu business community. Mandaue Chamber of Commerce and Industry President Glenn Soco believes the law's general objective is to ...

Pag-IBIG Fund remits to BIR P2 B worth of taxes for real and other properties
Philippine Information Agency - 2017-12-21
In the photo are: Pag-IBIG Fund Chief Executive Officer Acmad Rizaldy P. Moti (left) handing over the check worth P2,064,334,589.95 to Bureau of Internal Revenue (BIR) Commissioner Atty. Caesar R. Dulay (right). The amount represents the basic tax for Real ...

The Year of #MeToo: A scoop, a tweet, and then a reckoning
Philstar - 2017-12-20
"I think we need something to push the needle and I think this has done it," said Hill, a symbol of the fight against sexual harassment ever since her 1991 Senate testimony against then-Supreme Court nominee Clarence Thomas. Still, she noted, it was a lot ...

Duterte told to make perks bill his tax-reform equalizer
Business Mirror - 2017-12-20
"We will study the bill since I know that is a crucial component of package 2 of the tax reform alongside the lowering of corporate-income tax," Angara said. He, however, added that senators "must first complete the second component of the first tax ...

NMP trains over 10,000 seafarers in 2017
Business Mirror - 2017-12-20
TACLOBAN CITY--The National Maritime Polytechnic (NMP), a government maritime training and research center under the Department of Labor and Employment (DOLE) trained a total of 10,327 seafarers, exceeding its target for this year. The trainees include ...

How interest penalties will change under the tax reform
Business Mirror - 2017-12-20
This adopts the interpretation made by the Court of Tax Appeals (CTA) in one case (Liquigaz Philippines v. Commissioner of Internal Revenue, CTA EB 1117, September 21, 2015), where the Court held that the deficiency interest shall accrue from the date ...

Facebook Shares Intellectual Property-Related Takedowns
MediaPost - 2017-12-20
During the first half of 2017, Facebook removed approximately 3 million posts suspected of counterfeiting and copyright and trademark infringement. As Reuters reports, "The worldwide data on intellectual property-related takedowns is a new disclosure for ...

Benefits outweigh negative impact of tax reform
Inquirer - 2017-12-20
"The congressional passage of the first package of the Train is a sign of maturity for the Philippine economy that is now ready to meet the challenges of fixing the structural problems and inequities in taxation while generating more revenues to usher in ...

Hong Kong OFWs in uproar over non-existent airline tickets
Philstar - 2017-12-20
According to the latest data from the Philippine Overseas Employment Administration, there were 85,704 Filipino workers deployed in Hong Kong in 2015. Of that number, 57,703 were rehires, or had previously worked in Hong Kong.

Solon, union warn consumers of price shock from new tax law
Philippine Daily Inquirer - 2017-12-20
Among those to be adversely affected are 15.6 million informal workers, according to a labor group. The Associated Labor Unions-Trade Union Congress of the Philippines (ALU-TUCP) said informal workers would bear the rising cost of services because of ...

Gadon: 5 more SC justices to testify against Sereno
Philippine Daily Inquirer - 2017-12-20
It is all part of a propaganda to make it appear that [she] is losing support among her colleagues in the Supreme Court," he added. Thus far, Associate Justices Teresita Leonardo-de Castro, Noel Tijam and Francis Jardeleza have already testified against ...

Intellectual Property & Licensing Law Roundtable: What Businesses Need to Know
Los Angeles Business Journal - 2017-12-19
As the legal landscape continues to evolve in terms of intellectual property and licensing law, the Los Angeles Business Journal once again turned to some of the leading IP attorneys and experts in the region to get their assessments regarding the current ...

Judge overturns motion to dismiss Rick Ross' copyright infringement lawsuit against LMFAO
New York Daily News - 2017-12-19
Redfoo and Sky Blu won't be party rocking if they're convicted of ripping off Rick Ross' "Everyday I'm Hustlin'" lyrics. An 11th Circuit Court of Appeals panel has overturned a 2016 decision to dismiss a lawsuit filed by the Florida rapper in 2014, which ...

Shares decline anew ahead of TRAIN enactment
BusinessWorld Online - 2017-12-19
"I think the decline has something to do with window dressing. If you noticed, the top decliners today TEL (PLDT, Inc.), JGS (JG Summit Holdings, Inc.), URC (Universal Robina Corp.) under-performed the PSEi on a year-to-date basis. So funds are probably ...

DOF: Exempting millions from income tax a 'big Christmas gift' to Filipinos
Philstar - 2017-12-19
MANILA, Philippines --The signing into law of a comprehensive tax reform bill, expected to raise billions of pesos to fund ambitious government programs, is a big Christmas gift to Filipinos as it would usher in a "real positive change" for the ...

Duterte warns courts from interfering in entry of third telecom player
Philstar - 2017-12-19
Duterte earlier threatened incumbent providers PLDT Inc. and Globe Telecom Inc. with new competition from China if they do not shape up. Last year, PLDT and Globe together agreed to buy conglomerate San Miguel Corp. out of the sector for $1.5 billion ...

Right institutions, wrong leaders
Inquirer Opinion - 2017-12-19
In reality, many impoverished provinces are virtually subsidized by the national government because the internal revenue allotments they receive are more than their own revenue collections. What has been detrimental to the provinces is the deeply ...

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alisterpaine.com - 2017-12-19
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Citizen tax planning
BusinessWorld Online - 2017-12-18
It will be a merrier Christmas as well for our small businesses, as the TRAIN offers an optional flat 8% tax based on gross sales or receipts in lieu of business and income taxes. Part of the tax package is an administrative reform to allow annual and ...

May risks Brexit row over trade and migration during transition
Business Mirror - 2017-12-18
"During this period we intend to register new arrivals from the EU as preparation for our future immigration system," May will say, according to her office. "And we will prepare for our future independent trade policy by negotiating--and where ...

New system to sniff out fugitives, terrorists - Immigration chief
Philippine Daily Inquirer - 2017-12-18
The Bureau of Immigration (BI) has implemented a new biometrics system in a bid to detect and stop the entry of undesirable aliens to the country. Called the Border Control Information System (BCIS), the biometrics-based technology is used in processing ...

More tax reforms seen in 1st quarter of 2018
Inquirer - 2017-12-18
Congress is expected to pass by the first quarter of 2018 a so-called tax reform package "1B," which will contain tax amnesty as well as other tax administration measures that were excluded in the bicameral-approved first package. Finance Secretary ...

DOLE urged to probe foreign-backed recruitment firms using 'illegal agents'
Rappler - 2017-12-18
Migration consultant Emmanuel Geslani urged the Department of Labor and Employment (DOLE) and the Philippine Overseas Employment Administration (POEA) to look into the proliferation of local recruitment agencies that act as dummies for foreign agencies.

Sereno to House: Impeach me now
Philippine Daily Inquirer - 2017-12-18
People can only conclude that this is all part of the propaganda to make it appear that Chief Justice Sereno is losing support among her colleagues [on] the Supreme Court," Salumbides said. Three of the justices on the 15-member tribunal--Associate ...

Major revamp at Court of Appeals
Philippine Daily Inquirer - 2017-12-17
Newly appointed Court of Appeals (CA) Presiding Justice Romeo Barza has implemented a major shake-up in the appeals courts with the designation of new chairs for its 17 divisions. Barza issued Office Order No. 1-17 a few days after President Rodrigo ...

How can CJ Sereno beat impeachment?
Inquirer Opinion - 2017-12-17
First, what some dismiss as administrative infighting was cast by De Castro and other justices as a pattern of Sereno acting unilaterally, without Supreme Court consensus. Inquirer columnist Joel Butuyan argued last Oct. 9 that such a "string of betrayal ...

Palace open to argue merits of tax-reform measure with critics
Business Mirror - 2017-12-17
With confidence, MalacaƱang has told critics of the tax-reform bill to bring the matter to the Supreme Court (SC) if they want to. The Palace was also smug enough to say SC justices will certainly side with the government. In a radio interview over the ...

Stiff competition among recruiters of Filipino maids
Business Mirror - 2017-12-17
Citing Philippine Overseas Employment Agency (POEA) figures, Geslani said demand remains very strong in the Middle East. The top ME destinations are Saudi Arabia, with 107,298 job openings; followed by Kuwait, 57,726; and Qatar with 27,877. There was a ...

Coal tax to help PHL meet emission targets-group
Business Mirror - 2017-12-17
The Institute for Climate and Sustainable Cities (ICSC) said the approval of the tax hike on coal will allow the Philippines to inch closer to achieving environmental sustainability, as it will help correct market outcomes and inject a degree of parity in ...

With TRAIN approval, infra-buildup program good to go
Business Mirror - 2017-12-17
such as a mandatory fuel marking and monitoring program and a system enabling the Bureau of Internal Revenue to check in real time the financial submissions of the large taxpaying public, mostly corporations.

CA affirms indictment of arms suppliers involved in sale of guns used in Maguindanao massacre
Business Mirror - 2017-12-17
THE Court of Appeals (CA) has affirmed the resolution issued by the Department of Justice (DOJ), which ordered the indictment of four officers of a firearm manufacturing company for the unlawful sale of ammunitions that were used in the killing of 58 ...

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 ...

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