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Jan 04

TRAIN Law: Revised Withholding Tax Table on Compensation

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 has issued Revenue Memorandum Circular (RMC) 105-2017 releasing the…
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Aug 21

The Philippine Data Privacy Act: Phase 1 Registration

  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…
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Aug 04

Executive Order No. 26

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…
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Jun 14

Clarifying the applicability of Department Order No. 174

  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,…
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Jun 07

Announcement: Promotions in CBIC

Cebu Business & Investment Consultants congratulates the following on their promotions in the company: Jerome Petallar – Senior Auditor Icy Marilou Dizon – Senior Associate Raul Gesta – Senior Audit Assistant I
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