NEWS & ARTICLES

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MAP
News Release
Violations of the Revised Corporation Code Specifically Punished
Tax Bulletins
April 19, 2022
Unauthorized Use of Corporate Name   Section 159 of the Revised Corporation Code (RCC) expressly penalizes “the unauthorized use of a corporate name” with a fine ranging from P10,000 to P200,000. The rather simplistic formula used under Section 159 raises many “due process” issues when...
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MAP
News Release
The total package
Tax Bulletins
April 12, 2022
Whenever I dream of what we could become, the term “total package” crosses my mind. It’s mission-focused and considers the necessary capabilities, enablers and tools necessary to make things happen. At ground level, these include:   Transforming our educational, political, cultural and economic systems and...
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MAP
News Release
The complex view of women in power in the Philippines
Tax Bulletins
April 11, 2022
“Women hold up half the sky.” Mao Zedong’s proclamation that encouraged the participation of Chinese women in the workforce in the 1950s is now a rallying statement worldwide in the fight for gender equality, specifically the recognition of women’s rights and capability to contribute significantly...
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MAP
News Release
Corporate Governance with a Gender Lens
Tax Bulletins
April 5, 2022
In celebration of Women’s Month, I had the privilege of speaking in a webinar organized by Women’s Business Council Philippines (WomenBizPH) and the Institute of Corporate Directors (ICD).  As current and past member of the boards of both organizations which support the advocacies close to...
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MAP
News Release
Big-business strategies SMEs should take on for growth
Tax Bulletins
April 4, 2022
Small and medium enterprises (SMEs) should not be run like a big business. Resource poverty is the biggest reason: SMEs do not have enough employees to manage hiring, bookkeeping, fundraising, and other business aspects — in contrast to large corporations, which have entire departments dedicated...
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MAP
News Release
Criminal Liability for Other Violations of Provisions Not Specifically Separate from Administrative Liability
Tax Bulletins
March 29, 2022
A second paragraph was introduced under Section 170 of the Revised Corporation Code (RCC) providing that “Liability for any of the foregoing offenses shall be separate from any other administrative, civil, or criminal liability under this Code and other laws.” It clearly expresses the Legislative...
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MAP
News Release
PEZA vs work from home: an accelerated sunset?
Tax Bulletins
March 28, 2022
If there is one incentive that did not originate from law, government or employers even — it is work from home (WFH or work from anywhere). It’s one of pandemic’s gifts: working mothers tend to their kids, even while on Zoom; guys taking meetings while...
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MAP
News Release
SEC’s Power to Investigate Criminal Offenses
Tax Bulletins
March 22, 2022
One of the issues that arises from the criminal penalty provisions of the Revised Corporation Code (RCC) is whether private complainants, especially those within the intra-corporate relations, may, on the basis of their criminal complaint, commence a preliminary investigation with the prosecutor’s office without going...
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MAP
News Release
GOVERNANCE AND TAX COLLECTIONS
Tax Bulletins
March 21, 2022
While tax administration is crucial in improving tax collections, an efficient tax system requires a whole government approach. Equally important in addressing tax evasion and smuggling is eradicating graft and corruption in all government agencies and its instrumentalities. Studies show that corruption and governance has...
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