SC stops implementation of BIR, SEC circulars on financial disclosures
9 Sep 2014, 10:22 amThe Supreme Court (SC) yesterday stopped the Bureau of Internal Revenue (BIR), the Securities and Exchange Commission (SEC) and the Department of Finance (DOF) from implementing their regulations that require the disclosure of stock payments, dividends, and specific details on banking and financial investors subject to tax. In a temporary restraining order (TRO) issued after […]
Markets Live: Post-profits blues
7 Sep 2014, 5:29 pmShares are poised for a subdued start to the week as continuing weakness in the iron ore price drags on sentiment and prolongs a post-earnings season slump.
Markets Live: Post-profits slump
7 Sep 2014, 5:15 pmShares are poised for a subdued start to the week as continuing weakness in the iron ore price drags on sentiment and prolongs a post-earnings season slump.
BIR’s alphalist rules challenged before SC
4 Sep 2014, 8:20 amThe Philippine Stock Exchange and the Bankers Association of the Philippines yesterday asked the Supreme Court to declare as unconstitutional a revenue regulation requiring withholding agents to submit a list of payees on income payment subject to creditable and final withholding taxes. The petition is for Certiorari and Prohibition with application for temporary restraining order […]