FLCapili & Associates

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Filipino, foreign investments up 35% in Q1
 

The government's four investment promotion agencies approved P12.2 billion worth of investments committed by Filipino and foreign investors in the first quarter, representing a 35 percent increase over the same period last year, Trade and Industry secretary Mar Roxas said.
 

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Government Bulletin Board

Tax Advisory

Commissioner Guillermo L. Parayno, Jr. issued a WARNING to business establishment that are not complying with the registration, invoicing and bookkeeping requirements.

                                                                                                     

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VAT For Professionals

Imposes Value-Added Tax (VAT) on sale of services by persons engaged in the practice of profession or calling and professional services rendered by general professional partnerships; services rendered by actors, actresses, talents, singers and emcees; radio and television broadcasters and choreographers; musical, radio, movie, television and stage directors; and professional athletes, as well as services rendered by customs, real estate, stock, immigration and commercial brokers, beginning January 1, 2003
 

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