On VAT & INCOME TAX
August 10, 2014

Why do condominium corporations are still subjected to VAT and INCOME TAX despite the decision issued by the Makati Regional Trial Court (RTC) dated September 5, 2013 declaring Revenue Memorandum Circular (RMC) No. 65-2012 as INVALID?  Click for explanation (Punongbayan & Araullo)

Why do condominium corporations are still subjected to VAT and INCOME TAX despite the decision issued by the Court of TAX APPEALS Third Division (CTA) favoring the complainant on Case No. 8382, June 3, 2014?   Click for explanation (BIR Clarification)

Fire Extinguisher
February 23, 2015

Fire Extinguishers General Requirements under Section 10.2.6.7 item E.2 of RA 9514 states that "Portable fire extinguishers shall be maintained in a fully charged and operable condition, and kept in their designated places at all times when they are not being used". For reference on how to check a portable fire extinguisher, watch the video at the following link: http://youtu.be/P3c7CFF0rDs