Camp Aguinaldo locked down

The Armed Forces of the Philippines (AFP) on Sunday ordered the lockdown of its general headquarters, Camp Aguinaldo, amid the sharp increase of Covid-19 cases. “ this preemptive measure, AFP … Read More

Revisiting the Tax Sparing rule

In 1974, legislators recognized the importance of attracting foreign investment and provided a reduced tax rate for dividends received by non-resident foreign corporations (NRFCs) from domestic corporations. Instead of the … Read More