Day: November 18, 2019

Under the National Internal Revenue Code Section 32 (B) (6) (b), separation benefits received by an official or employee or by his heirs from the employer are exempt from income

The catchphrase “Corporate Social Responsibility” has been popular in the business community for it stresses the importance of moral, ethical, and philanthropic responsibilities by giving donations to groups with special

13th Month Pay is a mandatory benefit provided to employees pursuant to Presidential Decree No. 851 which requires employers to grant 13th month pay to all its rank and file

Under Section 10 of RA No. 11232 An Act Providing for the Revised Corporation Code of the Philippines, states that it allows any person, partnership, corporation or association, singly or