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Q: What is Domestic Corporation (DC) in Philippines? A: DC is a business entity under Philippines law. It is very similar to a limited liability company which the liability of t...
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Q: What is the meaning of a keyman insurance policy? A: It regards to an arrangement wherein an employer takes out an insurance policy insuring against loss of profits arising f...
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On the morning of March 5, 2021, the fourth session of the 13th National People's Congress opened in the Great Hall of the People in Beijing, and Premier Li Keqiang delivered a gov...
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Q: Some of the shareholders do not actually contribute any capital. Can they be forced to be removed if there is a dispute? A: Even if the shareholders have no actual capital co...
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Q: How to file for individual income tax if the taxpayer passed away? A: Except those who are exempt from filing an annual income tax return according to the Income Tax Act Arti...
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Q: What Is Net Investment Income Tax? A: The net investment income tax is a 3.8% surtax applies to individuals, estates, and trusts that have modified adjusted gross income (MAG...
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Q: What kind of non-resident enterprises need to implement the annual clearance and reconciliation of enterprise income tax (EIT)? A: Non-resident enterprises established in ...
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The following are the frequently asked questions regarding taxation of prepaid or deferred revenue expenses: Q: What kind of expense does it refer to? A: It mainly concerned wi...
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Q: What are the main personal tax issues that companies should focus on in 2021? A: 1. Transition of tax-free benefit preferences for foreign individuals 2. Change of prefere...
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A probationary period is generally the period of time that a company uses to observe whether a worker's ability to work, etc., meets the requirements of the company after the worke...