Labor Advisory No. 18 Series of 2021 The Department of Labor and Employment (DOLE) has recently issued Labor Advisory No. 18, s. 2021 reiterating the guidelines on the payment of 13th month pay by employers in the private sector to its rank-and-file employees pursuant to Art. 5 of the Labor Code of the Philippines and…
Revenue Memorandum Order No. 29-2021 Monitoring and Verification of the Tax Compliance of Online Merchants / Social Media Influencers / Other Businesses Operating in Digital Platforms Business transactions nowadays are executed and facilitated using internet platforms such as Facebook, Instagram, YouTube, Airbnb, Lazada, Shopee, etc. Regardless of the manner of doing business or of earning…
Revenue Regulations No. 17-2021 The Estate Tax Amnesty shall cover the estate of the decedent/s who died on or before December 31, 2017, with or without assessments duly issued therefor, whose Estate Tax/es have remained unpaid or have accrued as of December 31, 2017. An Estate Tax Amnesty rate of six percent (6%) shall be…
SEC Memorandum Circular No. 3 Series of 2021 All stock corporations with fiscal year ending December 31, including branch offices, representative offices, regional headquarters and regional operating headquarters of foreign corporations, shall enroll and file their AFS through OST depending on the last numerical digit of their SEC registration or license number in accordance with…