Complying with US Foreign Account Tax Compliance Act: Is it worth the pain?
By Francis LimOn March 18, 2010, President Barack Obama signed into law the Foreign Account Tax Compliance Act (Fatca).
On March 18, 2010, President Barack Obama signed into law the Foreign Account Tax Compliance Act (Fatca).
The results of 2012 Philippine bar examinations which came out last March 20 revealed the lowest passing percentage for the past 10 years.
THE UNIVERSITY Athletic Association of the Philippines (UAAP) Board recently approved a new rule which requires a two-year residency for an incoming collegiate athlete who is a high school graduate from another UAAP member university.
In a recent column, I discussed the tax and non-tax consequences arising from delisting publicly listed companies for non-compliance with the 10 percent minimum public ownership (MPO) rules of the Philippine Stock Exchange (PSE).
Listing a company with the Philippine Stock Exchange (PSE) is one thing; maintaining the company’s status as a listed one is another.
Sometime in 2010, the Philippine Stock Exchange (PSE) issued a new Rule on minimum public ownership (MPO), effective Nov. 30, 2010 (2010 Rule), requiring that publicly listed companies maintain a minimum public ownership of at least 10 percent of their issued and outstanding shares, exclusive of any treasury shares, or as such percentage that may be prescribed by the Exchange (Section 3(a), Article XVIII, Continuing Listing Requirement).
The proposed legislation seeking to impose higher excise taxes on liquor and tobacco products, more popularly known as the sin tax bill, is one of the most controversial pieces of legislation that ever crossed the halls of Congress.
In June 2011, the Supreme Court, in Gamboa vs Finance Secretary (G.R. No. 176579), handed down a decision of far-reaching importance.
Not even Hollywood would have come up with a better storyline.
The recently enacted Cybercrime Prevention Act of 2012 (Republic Act No. 10175) punishes the crime of libel committed through the use of the Internet, in this manner:
Until news broke on August 18 that the plane carrying him and his aide had crashed, many Filipinos had not heard of Jesus Manalastas Robredo.
Can a victim of securities fraud directly file a criminal case for violation of the Securities Regulation Code (SRC) with the Department of Justice (D0J)?
