President Rodrigo Duterte has finally passed into law Republic Act No. 11213 otherwise known as the “Tax Amnesty Act.” Under the law, the amnesty tax to be paid for estates of decedents whose deaths occurred on or before December 31, 2017, is reduced to six percent (6%) based on the total net estate at the time of death. If the allowable deductions at the time of death exceed the value of the gross estate, the minimum estate amnesty tax of Php5,000.00 shall be paid. The lega

Nonato Nonato Nonato-Luciano and Luciano Law Offices conducted a successful seminar on Republic Act No. 10963 or the Tax Reform for Acceleration and Inclusion (TRAIN) Law last January 27, 2018. The seminar was held in Palmbeach Resort & Spa and attended by many of the firm's clients and other companies. #TRAINLaw #cebulawofficePhilippinelaborcompliance #CebuBusiness #Cebuinvestments #cebulawoffice #CebuLawyers #cebulawfirm #Philippineslawyer #PhilippineTax #EstateTax

Nonato Nonato Nonato-Luciano and Luciano Law Offices will be holding a half-day seminar on Republic Act No. 10963 or the Tax Reform for Acceleration and Inclusion (TRAIN) Law on January 27, 2018, Saturday, 1:30 p.m. to 5 p.m., at the Clubhouse of Palmbeach Resort & Spa, Punta Engano, Lapu-Lapu City, Mactan. The seminar fee is Php1,000 per person inclusive of snacks. To reserve a seat, please call Odessa at (032) (3447727) or email roselle.jean@nonatolaw.com. Limited seats are

The Tax Reform for Acceleration and Inclusion (TRAIN) Law, otherwise known as Republic Act No. (RA) 10963, became effective last January 1, 2018. Pursuant to this, the Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) 105-2017 releasing the new withholding tax table on compensation effective January 1, 2018 to December 31, 2022. Under RA 10963, those with an annual income of Php250,000 and below or approximately a monthly income of Php20,833 and be

Under Republic Act No. 10173 or the Philippine Data Privacy Act, companies which control or process (i.e. collect, record, organize, store, consolidate, modify) personal information (i.e. any information, whether recorded in a material form or not, from which the identity of an individual is apparent or can be reasonably and directly ascertained by the entity holding the information, or when put together with other information would directly and certainly identify an individu

Executive Order No. 26 (EO 26) providing for the establishment of smoke-free environments in public and enclosed places became effective on July 23, 2017. Among others, EO 26 imposes the following prohibitions: 1. Smoking within enclosed public places and public conveyances, whether stationary or in motion, except in DSAs fully compliant with the standards provided by law; 2. For persons-in-charge to allow, abet, or tolerate smoking in places where it is not allowed (DSAs not

DOLE recently published Department Circular No. 01 clarifying the applicability of Department Order No. 174 or the Rules Implementing Articles 106 to 109 of the Labor Code, as amended. Among others, the Department Circular states that: “D.O. 174, Series of 2017, applies only to trilateral relationship which characterizes contracting or subcontracting arrangement. It does not contemplate to cover information technology-enabled services involving an entire or specific business

The Supreme Court in Kimberly Clark Philippines, Inc. v. Nora Dimayuga et.al.[1] reiterated the ruling in Businessday Information Systems and Services, Inc. v. NLRC (Businessday):[2] With regard to the private respondents claim for the mid-year bonus, it is settled doctrine that the grant of a bonus is a prerogative, not an obligation, of the employer. The matter of giving a bonus over and above the workers lawful salaries and allowances is entirely dependent on the financial

Below are leaves mandated by law in the Philippines: 1. Service Incentive Leave (SIL) An employee who has rendered at least one (1) year of service shall be entitled to a yearly service incentive leave of five (5) days with pay. The following employees are excluded from entitlement to SIL under the Labor Code, but may be entitled to the same or similar benefits if so provided under other laws, or collective bargaining agreement or employment contract: a. Those of the governme