A sole proprietorship is a form of business organization with only one proprietary owner, a single individual who conducts business under his own name or a business name. (p.3, Commentaries and Jurisprudence on the Revised Corporation Code of the Philippines, Aquino, 2020)
xxx the powers of the Commissioner of Internal Revenue in the Philippines are extensive and multifaceted, encompassing tax assessment and collection, enforcement of tax laws, issuance of regulations, administrative management, policy formulation, and representation. Each of these powers plays a crucial role in ensuring the efficiency and effectiveness of the tax system. By exercising these powers judiciously, the Commissioner contributes significantly to the stability of the nation’s fiscal system, the promotion of tax compliance, and the overall economic well-being of the country.
Paying taxes is a fundamental aspect of everyday life for individuals and businesses alike, serving as a cornerstone of modern society’s functioning and development. The consequences of not paying taxes can have profound impacts on both individuals and society as a whole. As Benjamin Franklin said, “…but, in this world, nothing is certain except death and taxes”.
Life insurance refers to the insurance on human lives and insurance appertaining thereto or connected therewith. (Section 181, Insurance Code)
All other classes of insurance are considered non-life insurance. Non-life insurance, otherwise called general insurance, include property insurance, casualty insurance, compulsory insurance and microinsurance.
Doctrine of the case:
Labor contracting is not illegal per se. The fact that PLDT had contracted out specific jobs, works, or services does not automatically mean that the contractors’ employees are the direct employees of PLDT. However, PLDT workers engaged in installation, repair, and maintenance services of PLDT lines need to be regularized because they perform tasks that are necessary and desirable and directly related to the business of PLDT.
News as expressed in a video footage is entitled to copyright protection. Broadcasting organizations have not only copyright on but also neighboring rights over their broadcasts.
Originally, the Migrant Workers and Overseas Filipinos Act of 1995, also known as Republic Act No. 8042, didn’t have a part that specifically talked about giving insurance to workers hired through agencies.
Pursuant to Proclamation No. 501, s. 2003, the third Wednesday of November of every year is Chronic Obstructive Pulmonary Disease Awareness Day.
A manufacturer, producer and any importer shall be liable for damages caused to consumers by defects resulting from design, manufacture, construction, assembly and erection among others, as well as for insufficient or inadequate information on the use and hazards thereof. (Article 97, Chapter V, Title II, R.A. No. 7394)
The month of October is declared as the Industry and Commerce Safety Month by virtue of Proclamation No. 115-A, s. 1966, whereby the year 1967 and every year thereafter was proclaimed as Safety and Accident Prevention Year, each month of the year to be devoted to a particular aspect of safety and accident prevention in various fields.
