Blog Posts on taxation

How Philippines Income taxation affect the decision making of the board of directors? by TaxAcctgCenter on Apr 29, 2012How Philippines Income taxation affect the decision making of the board of directors?

Top Taxpayers in the Philippines by Business Tips Philippines on Apr 3, 2012Taxes are the lifeblood of our country. Without tax collections, our nation won’t be able to construct bridges, streets, schools, hospitals, and other infrastructures for the public consumption. Without taxes, our government agencies and offices wo...

How to Replace Lost or Damaged BIR TIN Card by Business Tips Philippines on Mar 31, 2012How to replace lost or damaged BIR TIN (Taxpayer Identification Number) card? If you have already registered a TIN before, but have lost your TIN card, or if your card has been damaged, here are the steps you can do to replace your TIN card and have...

BIR Interactive Forms for Income Tax Filing Now Available by Business Tips Philippines on Mar 31, 2012On November 2011, the Bureau of Internal Revenue (BIR) has issued Revenue Regulation No. 19-2011, requiring taxpayers to use the revised forms for filing their income tax returns. The new forms, which include BIR Form 1700 (Annual Income Tax Return f...

ABS-CBN Broadcasting Corp. vs. Court of Tax Appeals [G.R. No. L-52306. October 12, 1981] by Scribbles of a Lunatic Mind on Mar 29, 2012Facts: During the period pertinent to this case, petitioner corporation was engaged in the business of telecasting local as well as foreign films acquired from foreign corporations not engaged in trade or business within the Philippines. for which pe...

CIR vs. John Gotamco and Sons, et.al.[G.R. No. No. L-31092 February 27, 1987] by Scribbles of a Lunatic Mind on Mar 29, 2012Facts: The World Health Organization (WHO for short) is an international organization which has a regional office in Manila. An agreement was entered into between the Republic of the Philippines and the said Organization on July 22, 1951. Section 11...

Misamis Oriental Association of Coco Traders, Inc. vs. Department of Finance Secretary [G.R. No. 108524. November 10, 1994] by Scribbles of a Lunatic Mind on Mar 29, 2012Facts: Petitioner Misamis Oriental Association of Coco Traders, Inc. is a domestic corporation whose members, individually or collectively, are engaged in the buying and selling of copra in Misamis Oriental. The petitioner alleges that prior to the i...

Ormoc Sugar Company, Inc. v. Treasurer of Ormoc City [G.R. No. 23794 February 17, 1968] by Scribbles of a Lunatic Mind on Mar 29, 2012Facts: The Municipal Board of Ormoc City passed Ordinance No. 4 imposing “on any and all productions of centrifugal sugar milled at the Ormoc Sugar Company, Inc., in Ormoc City a municipal tax equivalent to one per centum (1%) per export sale...

Casanovas vs. Hord [March 22, 1907] by Scribbles of a Lunatic Mind on Mar 20, 2012Facts: In January, 1897, the Spanish Government, in accordance with the provisions of the royal decree of the 14th of May, 1867, granted to the plaintiff certain mines in the said Province of Ambos Camarines, of which mines the plaintiff is now...

Lung Center of the Philippines vs. Quezon City [GR No. 144104 June 29, 2004] by Scribbles of a Lunatic Mind on Mar 20, 2012Facts: Lung Center of the Philippines is a non-stock and non-profit entity established by virtue of PD No. 1823. It is the registered owner of the land on which the Lung Center of the Philippines Hospital is erected. A big space in the ground...