Category: Uncategorized

Certain employers exempted to pay full maternity benefits under RA 11210

Certain employers are exempted to pay full maternity benefits to employees in the private sector. Under Section 2 of Rule III of the implementing rules and regulations of the Expanded Maternity Leave Law (RA 11210), an employed female worker in the private sector or in the informal sector shall receive full pay which consists of: SSS maternity benefit computed based on their average daily salary…

B.I.R. Revenue Regulation No. 8-2019 on Estate Tax

Revenue Regulation No. 8-2019 dated June 12, 2019 was released by the Bureau of Internal Revenue last June 25, 2019.  This Revenue Regulation amends pertinent provisions of Sections 9 and 10 under Revenue Regulations No. 12-2018 (Estate Tax and Donor’s Tax). The first amendment in Revenue Regulation No. 8-2019 is under Section 9 about the time and place of filing estate tax return and its…

Teller at STL outlet in Agusan del Norte raped and killed

RMN DXBC Butuan – In an interview with P / SSgt. Jodelito Ilustrisimo of  Buenavista Municipal Police Station, it is believed that a  teller in the Small Town Lottery (STL) was raped and killed  at Purok 6 Brgy. Manapa, Buenavista, Agusan del Norte at around eight o’clock in the evening of June 27, 2019. In a report issued by the Buenavista Municipal Police Station, the…

KAPA member, Cirfund, brings case to the Supreme Court

It has been reported by several news outlets yesterday that an organization with interest in KAPA Community Ministry International (aka KAPA) has lodged a case in the Supreme Court last June 21, 2019.  In defense of KAPA, the petitioner has sought judicial review in the Supreme Court by filing a petition for certiorari, prohibition and mandamus in the face of the cease-and-desist order and closure…

NTC Memorandum Circular 03-06-19 Implementing Rules of RA 11202

The National Telecommunications Commission (NTC) has released Memorandum Circular No. 03-06-2019 dated June 11, 2019. This circular has for its subject the Rules and Regulations Implementing Republic Act No. 11202 Otherwise Known as The “Mobile Number Portability Act”.  The said implementing rules and regulations is in accordance with Republic Act No. 7925, Executive Order No. 546 series of 1979 and RA 11202. Under RA 11202,…

S.E.C. Proposed Amended Guidelines and Procedures on the Use of Corporate and Partnership Names.

On March 15, 2019, the Securities and Exchange Commission, in relation to Section 179 of Republic Act No. 11232, otherwise known as the Revised Corporation Code, has released the initial draft on its Amended Guidelines and Procedures on the Use of Corporate and Partnership Names. Among others, the amendments for the use of corporate and partnership names provides: The corporate name shall contain the word…

S.E.C. Draft Guidelines on the Establishment of One Person Corporation

On March 15, 2019, the Securities and Exchange Commission, in relation to Section 179 of Republic Act No. 11232, otherwise known as the Revised Corporation Code, has released the initial draft on its Guidelines on the Establishment of a One Person Corporation (OPC). In its website at www.sec.gov.ph, “the Commission is inviting all interested parties, market participants and the investing public to submit their views,…

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…

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