Congress of the Philippines Twelfth Congress Second Regular Session REPUBLIC ACT NO. 9178 AN ACT TO PROMOTE THE ESTABLISHMENT OF BARANGAY MICRO BUSINESS ENTERPRISES (BMBEs)‚ PROVIDING INCENTIVES AND BENEFITS THEREFOR‚ AND FOR OTHER PURPOSES Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled: PRELIMINARY PROVISIONS SEC. 1. Short Title. – This Act shall be known as the “Barangay Micro Business Enterprises (BMBEs) Act of 2002”. SEC. 2. Declaration of Policy
Premium Business Philippines United States Congress
The Philippine Stock Exchange‚ Inc. ("PSE" or the "Exchange") is a private organization that provides and ensures a fair‚ efficient‚ transparent and orderly market for the buying and selling of securities. PSE traces its roots from the country’s two former bourses: the Manila Stock Exchange ("MSE") and the Makati Stock Exchange ("MkSE"). Founded in March 1927‚ the MSE was the first stock exchange in the Philippines and one of the oldest in Asia. Originally housed in downtown Manila‚ the MSE moved
Premium Finance Stock market Investment
the great Filipino icons of democracy‚ First to introduce music album phones showcasing the music of great OPM icons‚ First to develop a mobile phone with a built-in fake money detector in support of the anti-counterfeit campaign of the Bangko Central ng Pilipinas. Consistently grew both in sales and reach. Its product line continually widens as it offered more variety of phones: from basic call and text phones‚ to touchscreen phones‚ wi-fi enabled phones‚ mobile TV phones‚ and recently‚ Android
Premium Mobile phone Philippines Smartphone
Republic of the Philippines Tarlac State University College of Business and Accountancy Financial Management Department Risk Management: K(no)w Risk‚ No Future Reaction Paper Ronmar M. Supan March 2013 Managing risk is the topic of the seminar last February 22‚ 2013 themed “K(no)w Risk‚ No Future” which was held at Max’s Restaurant‚ San Miguel‚ Tarlac City. It happened between 8:00am up to 5:00pm. The aforementioned seminar was attended by Risk Management students of College of Business
Premium Investment Finance
VALUE ADDED TAX What is Value Added Tax (VAT)? It is a tax on consumption levied on the sale‚ barter‚ exchange‚ or lease of goods or services in the Philippines and on the importation of goods into the Philippines. It is an indirect tax‚ as provided in Section 105 of the NIRC. It is an indirect tax meaning the amount of tax may be shifted on the buyer‚ transferee or lessee of the goods‚ property‚ or services. The Code provides that the tax may be shifted to the consumer‚ most if not at all
Premium Tax Value added tax Taxation in the United States
Double Taxation Double Taxation: Depending on what special rights and restrictions are attached to the shares‚ and how the profits of the corporation are paid out to the shareholders‚ there is the possibility of double taxation: the corporation must pay taxes on its profits and the shareholder may be subject to taxation on the profits paid out. This can result in greater taxation than if a corporation was not used for the business. C corporations pay taxes on profits when corporate income is distributed
Premium Corporate tax Corporation Tax
vast activities interlinked with the activities of other business organizations. * They are part of different aspects of the use and need of Financial Resources. INSTITUTIONS IN THE PHILIPPINE FINANCIAL SYSTEM (As classified by The Bangko Sentral ng Pilipinas) I. Bank Financial Institutions II. Non-bank Financial Intermediaries III. Non-bank Thrift Institutions I. CLASSIFICATION OF BANK FINANCIAL INSTITUTIONS AND THEIR MINIMUM CAPITALIZATION as of January 1‚ 1995 (Privately owned
Premium Bank Financial services
from any person other than the person whose internal revenue tax liability is subject to audit or investigation‚ or from any office or officer of the national and local governments‚ government agencies and instrumentalities‚ including the Bangko Sentral ng Pilipinas and government-owned or -controlled corporations‚ any information such as‚ but not limited to‚ costs and volume of production‚ receipts or sales and gross incomes of taxpayers‚ and the names‚ addresses‚ and financial statements of corporations
Premium Tax Taxation in the United States
move is designed to fully extinguish our debts. Create new and dynamic bank and hopefully leave us with excess liquidity for the start of endowment fund. This move I am referring to is heeding to the proposal of Ms. Marjorie Trinidad. Banko Sentral ng Pilipinas (BSP) Managing Director to downgrade the status from commercial to thrift bank. Such move will change our capitalization structure.” The meeting was called to discuss the GOCB problem and develop a plan to reinvigorate the ailing bank and
Premium Management Bank Commercial bank
TOURISM PUBLIC SECTOR The responsibility of government in developing‚ organizing‚ promoting its tourism industry is of primary importance in the Philippines. Presidential Decree No.189 (May 11‚ 1973) - Department of Tourism created by virtue. It is primary policy making‚ planning‚ programming‚ coordinating and administrative entity of executive branch in the development of the tourism industry‚ both domestic and international. DOT Major Functions: 1. Supervise the activities of the government
Premium Government agency Philippines Manila Light Rail Transit System