Catholic school wins tax case

A Catholic school wins a tax case against the Bureau of Internal Revenue (BIR). Before a Makati RTC, the school challenged the BIR revenue memorandum circular requiring non-stock, non-profit educational school to secure a tax exemption. The Makati Court ruled in favor of the school citing the constitutional provision granting exemption takes precedence over a circular. Continue reading here.

Philippine Taxation on Online Sellers

For a quick understanding on how the Philippines taxes online sellers, you can check the following article:

Asian Briefing: Understanding How The Philippines Taxes Online Sellers

http://www.aseanbriefing.com/news/2014/10/10/understanding-how-the-philippines-taxes-online-sellers.html #businesslaw #ASEAN