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Percentage tax is a business tax imposed on persons or entities/transactions: who sell or lease goods, properties or services in the course of trade or business and are exempt from value-added tax (VAT) under Section 109 (w) of the National Internal Revenue Code, as amended, whose gross annual sales and/or receipts do not exceed Php 3,000,000 ...
Legal education in the Philippines is developed and offered by Philippine law schools, supervised by the Legal Education Board.Previously, the Commission on Higher Education supervises the legal education in the Philippines but was replaced by the Legal Education Board since 1993 after the enactment of Republic Act No. 7662 or the Legal Education Reform Act of 1993.
Judicial precedents of the Philippine Supreme Court were accepted as binding, a practice more attuned to common law jurisdictions. Eventually, the Philippine legal system emerged in such a way that while the practice of codification remained popular, the courts were not barred from invoking principles developed under the common law, [1] or from ...
Steps to modernize and refine the tax administration processes are undertaken to support the changes in tax policy so as to improve security against tax crimes and to ensure taxpayer compliance. On top of improving electronic systems (e.g. eBIR forms, Electronic Filing and Payment System, mobile payments) the following reforms are implemented ...
It is usually computed on two levels—the national level (national bar passing rate), and the law school level (law school passing rate). In the past, passing averages were considerably lower to admit more new lawyers (i.e. 69% in 1947, 69.45% in 1946, 70% in 1948). Since 1982, the passing average has been fixed at 75%.
Nvidia stock rose as much as 4% on Tuesday following a series of bullish notes from Wall Street analysts ahead of its earnings report.
An agency of the executive branch that exercises some judicial functions and before which a minimum of due process is required. [16] Cf. administrative case. quo warranto: by what authority Latin See Quo warranto § Philippines. R.A. N/A: English Abbreviation for Republic Act. raffle Original meaning: a type of lottery: English
A winter weather advisory was put in place late Sunday for many counties across the tri-state for potential winter weather threats. For the counties under the advisory, people will likely see snow ...