MANILA, Philippines - The Bureau of Internal Revenue (BIR) has placed under income tax coverage extra contributions made by government and private workers to various state-owned insurance firms such as the Social Security System (SSS), the Government Service Insurance System (GSIS), Philippine ...
FIRB Resolution No. 17-22 further provides that the number of employees under a WFH arrangement must not exceed 30% of the total workforce of the RBE, while the remaining 70% of the total workforce must render work or service within the geographical boundaries of the ec...
As we hold public officers and employees to higher standards of conduct and ethics, we also recognize the importance of supporting them in fulfilling these exacting principles of public service. This will reduce the burden of generally perceived low wages, and even boost morale. Given limited resou...
We all want to start the year well, so to kick off 2025 to a good start, business owners, employees, and freelancers must stay updated on the latest BIR tax table and government contributions. These updates will help you understand how to plan better this year to keep your finances… Read...
We often get question from employees like “What is the income tax computation in the Philippines?” or “Am I getting paid correctly?” Filipinos are known to the world as resilient and extremely hardworking people. The country’s status as a third world country and its harsh environments ha...
You are probably aware of the Train Law or the Republic Act No. 10963, which is also known as the Tax Reform for Acceleration and Inclusion (TRAIN) Act. Since the implementation year, employees on both government and non-government sectors have experienced a big drop on tax reduction on the...
Finally, beyond traditional financial reporting and tax compliance, multiple stakeholders — including regulators, investors, employees and customers — are demanding greater transparency on tax matters. For example, the US Financial Accounting Standards Board is nearing completion of a project to enhance ...
You agree to indemnify, defend and hold harmless DHL and DHL's affiliates, subsidiaries, directors, officers, employees, and agents from all claims, losses, damages, liabilities and costs (including reasonable attorney's fees) resulting from Your use of Duty and Tax Calculator Service and/or You...
If applying by fax, mail, or phone, the applicant must fill out IRS form SS-4, which is one page long and asks for details about the business’s structure, employees, and demographics. If applying online, the applicant will submit the same information and receive an EIN immediately. If...
needs to piggyback on a broader investment within any organization. I think what's interesting is that when your CEO announced the big AWS deal, a five-year deal, he framed this investment as bringing artificial intelligence to all employees within 10 years, but primarily cloud-based ...