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Catholic schools in Philippines condemn huge tax hike

Catholic schools in Philippines condemn huge tax hike
New tax law threatens to drive many private educational institutions to the wall, Catholic school association says
Catholic private schools in the Philippines are bitterly opposed to a new law that they say seeks to impose a huge tax hike that could force many of them to close. (Photo: Pixabay)
Catholic private schools in the Philippines have criticized a new law that heavily taxes privately owned educational institutions.
The Catholic Educational Association of the Philippines (CEAP), a group composed of 1,500 Catholic schools, called on June 1 for an “immediate” review of the law. ....

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Welcome To IANS Live - ENTERTAINMENT - Govinda clarifies after KRK thanks him for 'support' in legal fight against Salman Khan

Welcome To IANS Live - ENTERTAINMENT - Govinda clarifies after KRK thanks him for 'support' in legal fight against Salman Khan
ianslive.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ianslive.in Daily Mail and Mail on Sunday newspapers.

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Tax Notes: BIR clarifies Corporate Income Tax issues under the Create Act

SunStar
+
June 02, 2021
The Bureau of Internal Revenue (BIR) has addressed the questions and concerns of taxpayers and stakeholders on corporate income taxation in its Revenue Memorandum Circular (RMC) 62-2021 issued on May 17, 2021. The RMC clarifies BIR Revenue Regulations (RR) 5-2021.
Which corporate income tax rate should be used?
Under the Corporate Recovery and Tax Incentives for Enterprises (Create) Act, domestic corporations may be subjected to a lower regular corporate income tax (RCIT) rate of 25 percent starting July 1, 2020. Meanwhile, corporations with net taxable income not exceeding P5,000,000 and total assets not exceeding P100,000,000 excluding the land on which the particular business entity’s office, plant and equipment are situated, are subject to a much lower RCIT rate of 20 percent. ....

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Fooditive BV: The Impact of Science to Create a Movement; the Case of Fooditive, Pioneer in Plant-Based Upcycled Ingredients

ROTTERDAM, June 02, 2021 (GLOBE NEWSWIRE) The challenging year 2020 saw the blossoming of plant-based ingredient manufacturer Fooditive BV, a Dutch company set on revolutionising healthy eating. Through ....

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Online tips: 'Know what is expected of you before you start'

Read everything you receive. Read the course guide. This should be accessible through the online platform. Make sure you know what is expected of you before you start the course. Will there be many assessments, find out what format will they take, will you have end-of-term examinations or will you be assessed in other ways?
Take note of fixed lecture and tutorial times. Set aside time for study and research. Make use of your course calendar, take note of key dates and integrate them with your own personal calendar. Set time aside for assignments and projects and participate in the virtual classroom if and when required. ....

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