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Others

August 12, 2010 - OPTIONS FOR COOPERATIVES

OPTIONS FOR COOPERATIVES

RA 9520 , otherwise known as the Philippine Cooperative Code of 2008 integrates the many laws that govern other types of Cooperatives into a consolidated law. Examples of these cooperatives that used to be covered by separate and distinct laws are those in the Electric, Transport and the Water Services businesses.

Waste not, want not

When was the last time you reviewed the costs associated with your garbage pick-up? Probably it’s been two or more years ago. After all, your business isn’t about waste. It’s about producing a product and providing a service. The waste is merely a result of conducting your core business operations.

CENTER FOR STRATEGIC INITIATIVES

ADVOCACY FOR A BETTER PHILIPPINES

VAT ON TOLL FEES IS DOUBLE TAXATION

From VAT to VAST–Part 1

Watch out! A bill to replace the value-added tax (VAT) system is seriously being considered in the House of Representatives. This is the value-simplified tax system, or VAST. VA is for “value” and not “value added”—which means it is a tax imposed not only on the value added by a seller, as in the case of VAT, but on the total value of the goods and services sold.