NEWS & ARTICLES

Approximately 24 million (M) out of 110M Filipinos are registered taxpayers. That is only 22% of the total population or 50% of the 48M total labor force in 2021.   Around 20M are employees or compensation income earners and at least 6M are earning P250,000...

I was listening to MAP outgoing President and incoming Trade and Industry Secretary Fred Pascual on TV the other day and was pleasantly surprised that he believed in managing demand to address the current challenges of a high import food bill.   He spoke about...

The Agri-Agra Law has been a frustration of regulators and farmers alike. The banks who find it inconvenient to comply just opt to pay the penalties. The penalties are not even prohibitive because the Central Bank implementors themselves (they will not admit it though) are...

The strategic quest for corporate sustainability   The increasing volatility and unpredictability of the global economy arising from Black Swan events, such as the COVID pandemic and the Ukraine war, is prompting corporate managers the world over to initiate measures to enhance their chances of...

Under Section 168 of the Revised Corporation Code (RCC), a director, trustee, or officer shall be punished with a fine ranging from P500,000 to P1.0 Million, who knowingly:   (a)        Fails to sanction, report, or file the appropriate action with the proper agencies; or (b)       ...

Now that COVID-19 is nearly behind us, it is time to talk about recovery.  How do we enable MSMEs to recover?  At the height of discussions and subsequent legislative work on stimulus plans, a lot of tribute was paid to MSMEs as the engine of...

After a bruising two-year pandemic, the world is eager to start living again albeit in a changed environment. We are in the midst of transition from epidemic to endemic, in the lengthy process of crossing over to a more stable recovery path and regaining the...

After a bruising two-year pandemic, the world is eager to start living again albeit in a changed environment. We are in the midst of transition from epidemic to endemic, in the lengthy process of crossing over to a more stable recovery path and regaining the...

We posit that the offense sought to be punished under Section 165, i.e., “conducting its business through fraud,” does not provide a definition or the requisites by which to determine whether a crime has been committed. For example, it is not clear whether Section 165...