The Philippine government has enacted a series of amendments to the National Internal Revenue Code (NIRC) through the Ease of Paying Taxes Act (“EOPT Act”). Read more about this new law with our comprehensive primer.
As we celebrate Earth Month, we turn our focus to the Philippines’ Extended Producer Responsibility Act (EPRA), a legislative framework dedicated to advancing sustainable practices within the business sector. EPRA mandates companies to adopt full lifecycle management of plastics, aiming to achieve plastic neutrality and reduce its harsh environmental impact. Let us delve into the details of EPRA as we collectively strive toward a more sustainable and responsible future.
Let us carefully go through the list of cross-border services and essential factors for application of and exemption from Philippine taxation established in BIR RMC Nos. 5-2024, and 38-2024, following the interesting ACES Philippines ruling taxing outer space satellite activities!
In 2016, the Philippines took a significant step towards sustainable development with the passage of Republic Act No. 10771 or the Philippine Green Jobs Act. This groundbreaking legislation promotes the creation of green jobs by providing tax incentives to businesses which contribute to environmental sustainability in economic development.
In line with this, the Bureau of Internal Revenue (BIR) issued Revenue Regulation 05-2019 specifying tax deductions and incentives for businesses offering green jobs and eco-friendly practices. In addition, the Bureau of Customs (BOC) is also mandated to exempt the importation of capital equipment used in the promotion of green jobs from payment of duties and taxes.
As the nation pauses to reflect on its spiritual journey, let us also take a moment to acknowledge and appreciate the rights and regulations that safeguard our workforce. May this Holy Week be not only a period of solemn remembrance but also a testament to the respect and fairness we bestow upon those who labor during these hallowed days.
Join us on this journey as we explore the challenges, triumphs, and the significant laws that shape the path towards gender equality in the workplace.
As societal landscapes evolve and the principles of gender equality gain prominence, the legal framework has adapted to accommodate diverse expressions of identity within the institution of marriage. The decision to retain one’s maiden name or adopt a spouse’s surname is deeply personal, reflecting a myriad of cultural, familial, and professional considerations.
Before we close the Heart’s Month, let’s dive into Supreme Court stories where love gets its day in court. We are unpacking cases that speak the language of the heart – deep, real, and intriguing. Read about the sweet side of justice you never knew you needed! Where law meets love in a courtroom you won’t want to miss.
Discover the legal side of heartbreaks and broken engagements. In this article, get to know more about the laws on the breach of the promise to marry, learn about the legal consequences arising from the broken promise, and be aware of the remedies available when the hearts no longer meet.
Exploring the legalities of prenuptial agreements in the Philippines: from the Family Code’s property regimes to the formalities of crafting a valid agreement, this article emphasizes the importance of prenuptial agreements, highlighting their role in empowering couples for informed decision-making and fostering stability in modern relationships.
