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The Bases Conversion and Development Authority (BCDA; Filipino: Pangasiwaan sa Pangkaunlarang Kumbersiyon ng mga Base [4]) is a government-owned and controlled corporation under the Office of the President of the Philippines. It is a government instrumentality vested with corporate powers under Republic Act 7227 (Bases Conversion and ...
Ease of Doing Business and Efficient Government Service Delivery Act of 2018 (RA No.11032) Anti-Money Laundering Act of 2001 (RA No.10365), as amended; Microfinance Non-Government Organizations (NGOs) Act (RA No.10693) Real Estate Investment Trust (REIT) Act of 2009 (RA No. 9856) Financial Institutions Strategic Transfer (FIST) Act (RA No.11523)
SALNs are required by law under Article XI Section 17 of the Philippine Constitution and Section 8 of Republic Act No. 6713, the Code of Conduct and Ethical Standards for Public Officials and Employees. [3] It must be submitted upon or within 30 days of assumption of office and then every calendar year thereafter on or before April 30. [3]
In the Philippines, a government-owned and controlled corporation (GOCC), sometimes with an "and/or", [1] is a state-owned enterprise that conducts both commercial and non-commercial activity. Examples of the latter would be the Government Service Insurance System (GSIS), a social security system for government employees.
The Philippine Charity Sweepstakes Office (PCSO, Filipino: Tanggapan sa Charity Sweepstakes ng Pilipinas [2]) is a government-owned and controlled corporation of the Philippines under direct supervision of the Office of the President of the Philippines. It is mandated to do fund raising and provide funds for health programs, medical assistance ...
An S corporation (or S Corp), for United States federal income tax, is a closely held corporation (or, in some cases, a limited liability company (LLC) or a partnership) that makes a valid election to be taxed under Subchapter S of Chapter 1 of the Internal Revenue Code. [1] In general, S corporations do not pay any income taxes.
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The National Transmission Corporation (Filipino: Pambansang Korporasyon sa Transmisyon, also known as TransCo) is a Philippine government-owned and controlled corporation established in June 26, 2001 by the Electric Power Industry Reform Act (Republic Act 9136) and a corporate entity wholly owned by the Power Sector Assets and Liabilities Management (PSALM).