“People come first” by Vincent O. Abella (September 19, 2011)

Ours is not the only company to claim that people are our greatest asset.

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“The plight of foreign flights” by Romulo S. Danao (September 12, 2011)

Of late, the Bureau of Internal Revenue (BIR) has been releasing many issuances, some of which are of general application, while others are specific to certain industries.

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“Imposing VAT on corporate reorganization” by Veronica A. Santos (September 5, 2011)

The Bureau of Internal Revenue (BIR) has, of late, been vigorously issuing regulations to interpret or clarify previous interpretations of tax laws.

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“Valuation analysis: The price should be right” by Bernadette T. Cauan (August 29, 2011)

Valuation is a vital part of management decision making, particularly in relation to acquisitions, divestments, financial reporting, tax planning and compliance, dispute resolution, business strategy, and performance management.

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“FATCA – Should Philippine financial institutions be concerned? (2nd of 2 parts)” by Jay A. Ballesteros (August 22, 2011)

Last week, we presented an overview of the more important provisions of the US Foreign Account Tax Compliance Act (FATCA) as they affect customer identification as well as reporting and withholding systems of foreign financial institutions (FFIs).

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“FATCA – Should Philippine financial institutions be concerned? (1st of 2 parts)” by Jay A. Ballesteros (August 15, 2011)

The Foreign Account Tax Compliance Act (FATCA) was signed into law on March 18 last year by US President Barack Obama as part of the US Hiring Incentives to Restore Employment (HIRE) Act.

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“Lease accounting – the pendulum continues to swing (2nd of 2 parts)” by John T. Villa (August 8, 2011)

This article continues the discussion from last week, where we highlighted the main issues that respondents identified in the proposed exposure draft (ED) on accounting for leases.

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