Category: Uncategorized

BIR Revenue Memorandum Circular No. 29-2019 (RMC No. 29-2019): Keeping, Maintaining and Registration of Books of Account

On February 26, 2019, the Bureau of Internal Revenue released Revenue Memorandum Circular No. 29-2019 dated February 22, 2019 which provides guidelines in keeping, maintaining and registration of Books of Accounts. RMC 29-2019 was issued pursuant to the National Internal Revenue Code, as amended by Republic Act (R.A.) No. 10963 and in relation to R.A. No. 11032 (Ease of Doing Business and Efficient Government Service…

Soldiers Patrolling Lake Sebu, Attacked by NPA

As reported in Bombo Radyo Koronadal, the military authorities are in hot pursuit operation for the members of the Guirella Front 73 NPA rebels who attacked the military men assigned in the village of Lake Sebu, South Cotabato. Lt Col Jones Otida, Batallion Commander of 27th Infantry Action Battalion Phil Army in an interview with Bombo Radyo Koronadal, announced that the rebel group gunned down…

Philippine CPD Law Has a New IRR

Through PRC Resolution No. 2019-1146, the Philippine Regulation Commission (PRC) has amended the implementing rules and regulations (IRR) of RA 10912, otherwise known as the CPD Act of 2016.  It can be recalled that stakeholders complained that aside from being costly, the number of units required under the law was too burdensome, with some professionals having to comply with at least 40 units a year…

DATA PRIVACY ACT – What You Need to Know

(As originally published in THE BAR, The Official Newsletter of the Integrated Bar of the Philippines, Vol. 15 Issue 1) Why register? The Data Privacy Act of 2012 requires registration for entities (public and private) that collect or process personal information which may reasonably, directly or certainly identify the identity of the person (or data subject) giving such information. Is registration mandatory or voluntary? Mandatory…

FULL TEXT: Pope Francis’ homily at Mass in the UAE 2019

Pope Francis February 5, 2019 Below is the full text of Pope Francis’ homily, as delivered during the Mass at the Zayed Sports City for the final day of his visit in Abu Dhabi, Tuesday, February 5. Blessed: this is the word with which Jesus begins his preaching in Matthew’s Gospel. And it is the refrain he repeats today, as if to fix in our…

Mechanics to Park Hyung Sik’s Fun Meet in Manila 2019

It has been confirmed by Bench that Park Hyung Sik will be having a post-Valentine Fun Meet on February 16, 2016 at the SM MOA Arena. Per Bench announcement, for a minimum single receipt purchase of any regular priced Bench, Herbench or Bench Body items, the customer gets a free invite to the event.  A purchase of P 500 for one Upper Box Invite, P…