Accounting Issues in The Philippines

1. 2. 3.
Small Business > Business Models & Organizational Structure > Organizations
What Are the Functions of Organization in Business?

by Linda Ray, Demand Media
Communication is a vital organizational function.
Related Articles
Functions That the HR Attempts to Fulfill in Any Organization Why Is it Important to Combine Functions in Business? The Advantages of the Corporate Form of Business Organization Primary Business Functions How Feedback Control Impacts the Four Functions of Management in Your Selected Organization What Are the Functions of Communication in a Business? Without appropriate organization on a variety of fronts, a business limps along, unable to set or achieve strategic plans. Organization and structure give employees a guide under which they can operate efficiently, and reduces duplication. Organization functions as the glue that holds all the pieces of your business together in pursuit of one ultimate goal success.
Sponsored Link
Learn How to Trade.

Get free 1-on-1 training and learn how to profit as a home trader. www.iforex.ph
Flow
All businesses have a flow to their production. Whether you rely on work orders to start a job or call on clients to make a sale, there is a flow to your work. Organizing that flow is tantamount to completing each task so that you can collect your pay. For example, once you get a work order, you need to know what to do next, such as hiring help, gathering tools and setting a date to start the work. You follow a process to complete each job and provide your customers with invoices. Collections follow another process. Organization is key to maintaining the proper flow of work from start to finish.
Communication
Communication on every level must follow a pattern so that you don't miss important client calls and deadlines. Developing a chain of command at your company ensures that communication flows properly to everyone who needs to be involved in a company decision or policy implementation. How you organize your flow of communication determines the success you'll see. Even if you are a sole proprietor with no employees, you must organize your email, incoming messages and calendar so that you build a consistent flow of communication with your clients and associates.
Financial Accountability
Financial accountability is tied directly to profitability. Organizing the billing process and collections, employee payroll, expenses and overhead bills is a function in business that cannot be ignored. You must exert organizational controls over the flow of money in and out of your business to know if you are turning a profit or heading for bankruptcy. Financial organization is just as vital in a large corporation dealing with a huge payroll and capital expenses as it is for a one-man operation if you want to provide a consistent income for you and your family.
Leadership
Organizational functions that fall on the leadership in your company include managing your income, staff, growth, planning and all the processes that lead to your profitability. The primary role of a manager is to organize the company so that the flow of work product, communication and financial accountability each interact appropriately and effectively. The leader or manager in a company coordinates all the other organized functions to make sure they are aligned to reach a common objective. Effective business leaders organize all the complex relationships involved in the business and ensure they complement and support each other as a cohesive unit.
Sponsored Links
Business Opportunities
Pharma Business opportunities Develop your pharma business. www.jp-pharma.co.uk
Workflow Framework
Design and use complex workflow in ASP.NET, WinForm, WPF, WCF, WF... www.FlexRule.com/Engines/Flow
Diagram creator library

GWT / GXT library for creating diagrams in your application. www.motigon.com
Cebu Pacific is Hiring

Check Their Latest Job Openings, Apply Here! JobStreet.com/CebuPacific
References (3) About the Author

Linda Ray is an award-winning journalist with more than 20 years of research and reporting experience. She has covered health care and fitness for newspapers and magazines, including the "Greenville News," "Success," "Verve" and "American City Business Journals." Ray has also reported on hospitals, commercial development and society. She teaches an FDIC course called "Money Smart" and holds a bachelor's degree in journalism.
Photo Credits
Photos.com/PhotoObjects.net/Getty Images
Suggest an Article Correction
Related Searches

Work Flow Strategic Product Development Business Development Business Process Goals and Objectives
More Articles
Levels of Business Organization
The Relation of Finance to Other Business Functions
How to Learn Business Organization

How do I Choose a Business Organization?
Also Viewed

How to Implement an HR Scorecard in a Business Organization as an HR Management Function What Are the Effects of Profit or Loss in a Business Organization? Organization & Business Planning What are the Three Basic Functions of Business Communication? What Is the Value of Accounting Functions in an Organization? What Is the Meaning of Business Organization?
Related Topics

Models of Organizational Structure Traditional Hierarchical Organizational Structure How Does the Type of Organizational Structure a Business Chooses Affect a Business? Typical Organizational Structure of a Small Business What Happens to Bad Organizational Structure for a Business?
How to Deal With Rude, Subordinate Staff
How to Evaluate Competency
Good Manners in Business Communication

What Makes a Restaurant Cool?
Marketing Strategies for Virtual Assistants
Small Business Index Powered by Demand Media
Local US & World Sports Business Entertainment Lifestyle Jobs Cars Real Estate
The Houston Chronicle is the premier local news provider for the country's 4th largest city.
Currently the nation's sixth-largest newspaper, the Houston Chronicle is a multimedia company publishing print and online products in English and Spanish that reach millions of people each month. The Houston Chronicle is owned by the Hearst Corporation.
Advertise With Us
Purchase ads for web, social media, and print via Hearst Media Services Place a classified ad in the paper or online Place a targeted ad in a speciality section such as a weekly or neighborhood publication
Subscriber Services
Get home delivery, manage your subscription, pay your bill with EZ Pay, and set a vacation hold for the paper Local Business Directory
About Us
About the Houston Chronicle Executive Team
Careers Community Legal Notices Contests Ad Choices Corporate Home
Contact Us
Customer Service Newsroom Contacts
Editions & Apps

iPad iPhone Android Blackberry Mobile Website HoustonChronicle.com eEdition Demo | Today's eEdition Chronicle in Education Chron.com Site Index
Follow Chron
Facebook Twitter LinkedIn Newsletters RSS
Terms & Conditions | Privacy Policy | Your California Privacy Rights | Ad Choices Houston Chronicle | P.O. Box 4260 Houston, Texas 77210-4260
Copyright 2013 Hearst Communications, Inc.
1. Small Business > 2. 3. Business Models & Organizational Structure > Organizations

Related Articles
Functions That the HR Attempts to Fulfill in Any Organization Why Is it Important to Combine Functions in Business? The Advantages of the Corporate Form of Business Organization Primary Business Functions How Feedback Control Impacts the Four Functions of Management in Your Selected Organization What Are the Functions of Communication in a Business? Without appropriate organization on a variety of fronts, a business limps along, unable to set or achieve strategic plans. Organization and structure give employees a guide under which they can operate efficiently, and reduces duplication. Organization functions as the glue that holds all the pieces of your business together in pursuit of one ultimate goal success.
Sponsored Link
Learn How to Trade.

Flow
Communication
Leadership
Sponsored Links
Workflow Framework



Photo Credits
Related Searches

Work Flow Strategic Product Development Business Development Business Process Goals and Objectives
More Articles
Also Viewed
Related Topics


Local US & World Sports Business Entertainment Lifestyle Jobs Cars Real Estate
Advertise With Us
Subscriber Services
About Us
About the Houston Chronicle Executive Team Careers Community Legal Notices Contests Ad Choices Corporate Home
Contact Us
Customer Service
Newsroom Contacts
Editions & Apps

Follow Chron
Facebook Twitter LinkedIn Newsletters RSS
1. 2. 3. Small Business > Business Models & Organizational Structure > Organizations

Related Articles
Functions That the HR Attempts to Fulfill in Any Organization Why Is it Important to Combine Functions in Business? The Advantages of the Corporate Form of Business Organization
Primary Business Functions How Feedback Control Impacts the Four Functions of Management in Your Selected Organization What Are the Functions of Communication in a Business? Without appropriate organization on a variety of fronts, a business limps along, unable to set or achieve strategic plans. Organization and structure give employees a guide under which they can operate efficiently, and reduces duplication. Organization functions as the glue that holds all the pieces of your business together in pursuit of one ultimate goal success.
Sponsored Link
Learn How to Trade.

Flow
Communication
Leadership
Sponsored Links
Workflow Framework



Photo Credits
Related Searches

Work Flow Strategic Product Development Business Development Business Process
Goals and Objectives
More Articles
Also Viewed

Related Topics


Local US & World Sports Business Entertainment
Lifestyle Jobs Cars Real Estate
Advertise With Us
Subscriber Services
About Us
About the Houston Chronicle Executive Team Careers Community Legal Notices Contests Ad Choices Corporate Home
Contact Us
Customer Service Newsroom Contacts
Editions & Apps

Follow Chron
Facebook Twitter LinkedIn Newsletters
RSS
Aquino reform laws: Sin tax in 2012, mining in 2013?

BY
RAPPLER.COM
POSTED ON 01/06/2013 9:25 AM | UPDATED 01/10/2013 3:14 PM
2
Comments
38
0
Pinterest
73
Share
MANILA, Philippines - In his 2012 state of the nation address, President Benigno Aquino III urged Congress to pass two reform bills. One he stamped urgent, the other he said could wait a little while. Aquino signed the sin tax reform law in December, paving the way for its implementation on the first dayof the new year. A bill to reform the country's mining law however is still being drafted by an inter-agency body created by Malacaang, and waiting in queue. Both are important measuresthey will raise additional revenues for the Philippine government that is only now making strides to end its fiscal woes. The government had complained that its share in mining revenues was small, while strong industry lobby kept excise taxes on sin productstobacco and alcoholamong the lowest in the world for a long time. However, for Aquino, the sin tax measure was the priority. It was in a mature form already, he was quoted as saying in earlier reports. On the other hand, there are sticky issues that need to be resolved in the mining bill first, the Finance department said. Aquino flexed his political muscle to get the sin tax bill passed and enacted, the first time in nearly 16 years that efforts to restructure the country's excise tax system succeeded in Congress. Will he do the same for the mining reform bill this year?
Mining taxes The government gets its share of mining revenues in two ways: by imposing an excise tax under the mineral production sharing agreement (MPSA), and getting a percentage of net revenues through the Financial or Technical Assistance Agreement (FTAA). Most of the mining firms in the country hold MPSAs, which impose only 2% excise tax on their gross revenues, plus a 5% royalty tax on mineral reservations. The FTAA is for foreign majority owned firms. Minings contribution to government coffers is undeniably small, complained Aquino, adding it is also disproportionate to the dangers the extractive industry poses to the environment. Thus, hiking the excise tax to between 5% and 7% has been a frequent call. A fair revenue-sharing scheme between the government and mining firms is what the mining reform bill aims to provide. Aquino issued his mining policyExecutive Order 79in July 2012 calling on Congress to pass a new mining law that will raise the governments revenue share. He ordered the creation of the Mining Industry Coordinating Council (MICC) to supervise the drafting of the new law. The council is composed of representatives from the Finance and Trade departments, the National Economic and Development Authority as well as the Mines and Geosciences Bureau. Recently, the MICC announced it was finally looking at two options for the revenue-sharing scheme. The options are to take a percentage of mining companies gross margin or take a portion of their gross revenue, where income tax paid is deducted after computing the governments share. Both will be benchmarked on world metal prices available on the London Metals Exchange. The new scheme will strive to strike a balance between raising government revenue and keeping a fiscal regime that is competitive with other developing countries, the MICC has said. The revenue-sharing scheme is just one of the contentious issues that are still being deliberated on in the drafting of the reform bill. Other issues include the harmonization of national laws and local ordinances, and the moratorium on new mining permits. National vs local While EO 79 upheld the primacy of national laws over local ordinances, mining firms are urging the government to clarify the matter further in the reform bill.
At the center of the issue are bans on the supposed destructive method of open-pit mining put in place by several provinces. Industry players claim the bans are illegal and run contrary to the Philippine Mining Act of 1995, which allows this method. One company, Sagittarius Mines Inc. (SMI), the local partner of Swiss mining firm Xstrata, has been held back by a South Cotabato ban on open-pit mining since 2010. The companys application for an environmental compliance certificate was dismissed by the Environment and Natural Resources department because of the ban. As a result, the company pushed back commercial production of its $5.9-billion Tampakan coppergold project to 2018 from 2016. If the project pushes through, it will be the Philippines largest single foreign investment ever. SMI may opt to file a case to invalidate the South Cotabato ban after the Justice department issued an opinion that stated the ban is essentially in conflict with national law. In Memorandum Circular 2012-181 it issued on November 29, the DOJ stated the power of local government units to pass ordinances and resolutions is merely a delegated power coming from Congress and that ordinances should not contravene an existing statue enacted by Congress. Moratorium on new permits The enactment of a revenue-sharing scheme meanwhile is required before a moratorium imposed by EO 79 on the issuance of new mining permits could be lifted. Existing mining operations and those with approved contracts before the EOs effectivity were not affected by the moratorium, said the government as it promised to respect earlier agreements it entered into. While the granting of mineral agreements was suspended, the government is still allowing exploration permits. However, these permits are limited to exploration works only and do not include authority to conduct actual mining or extraction of minerals. In case those granted these permits actually discover minerals, they will be given preferential option in the granting of mineral agreements in the future should they wish to pursue their projects. The moratorium has put the mining industry at a standstill. Over a thousand applications for new mining contracts are on hold. As a result, mining and quarrying contracted by 2.2% in the third quarter of 2012, government data showed. This decline was a reversal of the 4.1% growth the industry recorded in the same quarter last year. Government officials also significantly slashed mining investment forecasts for 2013 until 2016.
Draft bill out before polls As the government threshes out the thorny issues, the MICC expects to be ready with the draft billbefore the May mid-term polls, a source in the Finance department said. Theres no draft yet. Hopefully, we can have it before the elections, noted the source. When its ready, the group will submit the draft to the Ways and Means committees of both chambers of Congress for sponsorship. The passage of the mining reform bill will mark another milestone for the Aquino administration, whichsucceeded in enacting last year the most divisive and controversial measures that had languished in the legislative mill for over a decade. - Rappler.com
Related stories:

Govt eyes to finish draft mining bill 'before May polls' Aquino gov't pushes for incentive bill's passage before 2013 polls Draft mining bill to address small-scale mining issues Higher booze, cigarette prices as sin tax law takes effect With sin tax approved, BIR 2013 collection target hiked to P1.272Post a new comment T
Related topics you can follow: mining reform billsin taxesmining
Login
Post
2 Comments
Christian Eric Dy161 days ago Here is the full text of the Sin Tax Law of 2012. You might want to read it for further information. http://lawtechworld.com/blog/?...
Reply 0
mark1205162 days ago We have so many laws but little for buildings and how to create better more efficient and greener cities. The building code should be reviewed. Roads given wider right of way, sidewalks widened to as much as 10 meters. And a master plan for every city in the next 20-30 years must be made. This to prevent representatives from believing they could put up a flyover anywhere or whatever. When we picture our cities, Makati is the highlight when it is not the public who initiated its success but a private company. Same is true for all other CBDs.
Reply 0
You might like:

Corona, a free man 'Man of Steel' tornado scene retained PH printer industry booming Disneyland in the Philippines? Finally, Aquino approves NLEx-SLEx road links How to handle a crisis like Ayala's, Gokongwei's New airport coming soon - Ramon Ang Bongbong Marcos on 'gotcha' picture: Philip Morris offered data Major management shake-up looms in SMI Which has better ratings: ABS-CBN or GMA?
Recommended by
MOOD METER COMMENTS 0%0%0%0%1%9%SAD45%HAPPY45%INSPIRED*Reflects total votes PEOPLE ARE DIVIDED ON THIS ISSUE
HOW DID THIS STORY MAKE YOU FEEL? Happy Sad Angry Don't Care
Inspired Afraid Amused Annoyed
EDITOR'S PICK
MVP, San Miguel in wait and see mode on Tampakan
Two of the country's biggest conglomerates are in a wait-and-see mode on their minority stakes in...
Hot money outflow in May hits record high
The all-time high $640.84 million net outflow in May reflects the pulling away from emerging...
MORE STORIES
MOST READ MOST DISCUSSED MOST SHARED CONVERSATIONS: #futurewatch When did you learn to #BeIndependent? #BeIndependent financially
BUSINESS
21 7 28
P20-B tourism complex to rise in Subic Bay Freeport

BIR May collections below goal PH rice stocks up, supply still tight
UK to fund PH initiative on transparency Berjaya PH buys stake in Audi, BMW London distributor
MORE STORIES
ABOUT RAPPLER
Welcome to Rappler, a social news network where stories inspire community engagement and digitally fuelled actions for social change. Rappler comes from the root words "rap" (to discuss) + "ripple" (to make waves). READ MORE
Rappler's 2013 Board Rappler's Founding Board Rappler Team
Privacy Statement Terms of Use
Contact Us Advertise With Us
SECTIONS
Video Nation Move.Ph Thought Leaders
Newsbreak Business Entertainment Sports
Life & Style World Live Blog Rich Media
HOT TOPICS
Election Results 2013 - Philippines Miami vs Spurs Pugad Baboy Philippine unemployment rate iOS 7 Richard Poon - Maricar Reyes wedding Philippine
1. [ISSUES] Sin Tax Bill
Photo from treehugger.com The Sin Tax Bill, or Amendment of House Bill 5727, aims to increase the taxes on vices such as alcohol, tobacco, and gambling while increasing government revenues and to curb or discourage the practice of such vices. Revenues will go to the Universal Health Care Program and to assist tobacco farmers in shifting to alternative crops. Let's discuss how the senator candidates will tackle the Sin Tax Bill in this thread.
Reply With Quote
2.
Nov 2, 2012 01:28 AM#2 dogster_jr
Podracer
Join Date Nov 2004 Location Over my head
The sins of our legislators

Here's a helpful Op-Ed by Marites Daguilan Vitug as a backgrounder on the issue. .... The Philippines is the number 1 smoking country in Southeast Asia. Smoking is the number 1 cause of stroke and heart attack, about 50,000 deaths per year, according
to the national nutrition and heart survey of 2008. The total annual cost of the 4 leading smoking-related diseases is a whopping P188 billion, according to a study by Dr. Antonio Dans, a professor at the University of the Philippines college of medicine. We have one of the lowest prices in cigarette and cigarette taxes. Its the young boys and girls, aged 13-15 years, who smoke the most, again, the highest in Southeast Asia. The poor smoke more than the rich thus they are the most vulnerable to diseases. Whatever happened to transformative leadership, Aquinos buzzword during the campaign? It seems to have been sidelined. It will take more than rhetoric and leadership by example to achieve real reforms, to unshackle our politicians from vested interests. The lack of political will may be a tired and overused phrase, but it will continue to explain some of our countrys legislative failures. A leadership that is bold on rhetoric and weak in action will keep us where we are, a country wherein the state succumbs to the 10 percenters, the elite who control most of the nations wealth. Source: http://www.rappler.com/thought-leade...ur-legislators
Reply With Quote
3.
Nov 2, 2012 02:36 AM#3 victory_liner
Member
Join Date Aug 2012 Finance Dept: Sin tax reform critical for health, tax collections November 1, 2012 5:41pm As it prepares for another round of talks on the sin tax when Congress resumes session next week, the Department of Finance stressed the importance of sin tax reform in buoying tax collections. "Sin tax reform is critical for health outcomes and also for improving buoyancy of tax collections," Finance Assistant Secretary Ma. Teresa Habitan said in an interview. She added that the proposed automatic indexation of tax rates ensures that the tax-to-GDP ratio will not get too eroded by inflation. The DoF and the Department of Health are both pushing for the restructuring of sin taxes into a unitary tax rate from a multi-tier system for cigarettes. The version approved by the House of Representatives in June is expected to bring in P31.35 billion in revenues from a unitary tax rate in the first year of implementation. The Department of Health is pushing for the approval of the sin tax measure filed by Senator Miriam Defensor-Santiago, Senate Bill No. 3249. According to Health Secretary Enrique Ona in a position paper, the Santiago bill best supports the twin goals of deterring our countrymen, especially the youth and the poor, from smoking and drinking
alcoholand financing a universal health care program to improve accessibility to quality health care. He added that the bill upholds the features of the original House Bill 5727, filed by former Cavite Rep. Joseph Abaya, which a unitary tax for all cigarette and liquor products, automatic indexation and the removal of the price classification freeze on cigarettes. BM, GMA News source: http://www.gmanetwork.com/news/story...ax-collections
Reply With Quote
4.
Nov 5, 2012 06:53 PM#4 economics102

Member
Join Date Oct 2012 Sin tax bill, 2013 proposed budget high on Senate priority list AMITA O. LEGASPI, GMA NEWS November 5, 2012 5:38pm The 2013 national budget and the sin tax reform bill are high on the Senate list of measures to pass, but deliberation on the proposed tax structure for tobacco and alcohol products will start on Tuesday, Nov. 6. Both the budget and sin tax are priority all over other legislation, Senate President Juan Ponce Enrile told reporters Monday. Deliberations on the sin tax measure would be based on the controversial committee report by Sen. Ralph Recto, who resigned as Senate blue ribbon committee chair after his proposed version of the bill was criticized as pandering to the wishes of the tobacco industry. Asked about the fate of another controversial measure the reproductive health bill Enrile said it has been tagged as the Senates second priority and not as urgent as the budget and sin tax bills in terms of legislation. Sen. Franklin Drilon, acting chair of the ways and means committee, said The debates can start on Tuesday. So, tomorrow afternoon we will start defending the committee report and go through the process of amending it at the appropriate time and submit it to the floor, Drilon told reporters Monday. Drilon said he will try to have the sin tax bill passed this week and sponsor the proposed national budget in the third week of November. What we are working on as a target is that by January 1, there is a new budget, he added. The process, Drilon said, was discussed with Recto and Enrile. more: http://www.gmanetwork.com/news/story...-priority-list
Reply With Quote
5.
Nov 7, 2012 06:47 PM#5 economics104

Member
Join Date Nov 2012 Sen. Recto doubts P40-B sin tax measure, warns of job cuts KIMBERLY JANE TAN, GMA NEWS November 7, 2012 5:20pm Sen. Ralph Recto on Wednesday raised doubts that government can collect P40 billion to P45 billion in
additional revenues from sin taxes and warned of significant job losses. "Tingin ko di makokolekta, masyadong mataas," Recto, who was earlier forced to resign as chair of the Senate ways and means committee, said in an interview with reporters on Wednesday. His statement came after Sen. Franklin Drilon, who replaced Recto as ways and means committee chair, introduced a substitute bill on Tuesday which intends to raise government revenues from tobacco and alcohol products to P40 billion to P45 billion or three times more than what Recto endorsed in a committee report. Rectos version would yield at least P15 billion in additional revenues, or half of the P31.35 billion revenue indicated in the version approved by the House of Representatives, and a fourth of the Finance Departments P60-billion target from the sin tax bill. The bill Recto endorsed was peppered with criticisms and accusations of favoring the tobacco industry by fellow senators, the Aquino administration, health advocates and members of civil groups, which cost him the ways and means committee chairmanship. more: http://www.gmanetwork.com/news/story...ns-of-job-cuts
Reply With Quote
6.
Nov 7, 2012 09:16 PM#6 Rev1913
Member
Join Date Oct 2012 Location Natures Lover
Tanong lamang: Paano maaabot ang target na 60 billion pesos na magmumula sa sin tax bill na sinasabing pantulong sa mga nagkakasakit, Kung itataas ang presyo ng sigarilyo at ang magsisigarilyo na lang ay ang may kaya sa buhay? Sabihin na natin na kahalati ng nagsisigarilyo ang mababawas na sinasabi rin ng may panukala ng batas na mas mabuting mataas ang halaga ng sigarilyo upang mabawasan ang nagsisigarilyo. Kalahati na lang ang ng nagsisigarilyo ang mawala, Paano pa maaabot ang target na 60 billion na magmumula sa Tax. Papaano kung 75 percent ng nagsisigarilyo ang mawala? Paano na ang mga nagtatrabaho sa mga pagawaan ng sigarilyo? Paano na ang nagtatanim ng tabako? Paano pa maaabot ang 60 billion target.. At mabuti na rin sanang mangyari ito, para naman makita ng mga tao na hindi lamang sa sigarilyo nakukuha ang sakit na kanser sa baga. Nariyan ang mga usok ng mga sasakyan, mga amoy ng kemikal, mabubulok na imburnal at iba pa, na sa sigarilyo lamang binibintang..Ilan na sa mga kasamahan ko ang namatay sa kanser sa baga..hindi nagsisigarilyo, mga athletic pa sila..Tennis, Basketball at nageexercise pa, namatay cancer sa baga. Sabi ng mga Doctor nakuha sa second hand smoke daw..mali..inamin ng may cancer sa chemical na naamoy niya nakuha.. Hindi naman lahat ng sinasabi ng mga Doctor dapat paniwalaan. Bakit ang gamot hindi ba may
masamang epekto rin sa katawan? Bigay ng bigay ang doctor ng gamot sa huli lumalala pa ang sakit ng tao. Kasabihan pa nga..Pag sinunod mo ang Doctor, pwedeng mawala ang sakit mo, pero humanda ka sa matinding side effect ng gamot na ininom mo.
Reply With Quote
7.
Nov 11, 2012 08:13 PM#7 economics102

Member
Join Date Oct 2012 Drilon targets Nov. 19 passage of sin tax bill November 11, 2012 3:18pm The Senate ways and means committee hopes to have the sin tax bill passed on third and final reading by Nov. 19, acting committee chairman Franklin Drilon said Sunday. In a radio interview, Drilon said this would pave the way for the early debates on the proposed P2.006-trillion national budget for 2013 by the next day, Nov. 20. Ang aking target pagbobotohan on third and final reading by Nov. 19 para sa ganoon Nov. 20 -21, atin namang isalang ang national budget, yan ang ating target, he said in an inte rview on dzBB radio. Drilon chairs both the ways and means committee, which is tackling the sin tax bill, and the finance committee, which handles the budget bill. He said he is hopeful both bills can be signed into law before the end of the year. But this early, he asked his colleagues not to delay the debates on the sin tax bill, and to attend the sessions regularly. Starting Monday, the sessions will last from 2 to 8 p.m. Kaya tayo makikiusap sa liderato na pagbotohan na natin ito para naman hindi na ito matagal na pinaguusapan ... Siguro sana makiusap ako lets put it to a vote para we can move forward at meron pa tayong budget na talakayin, he said. more: http://www.gmanetwork.com/news/story...f-sin-tax-bill
Reply With Quote
8.
Nov 13, 2012 02:26 AM#8 economics102

Member
Join Date Oct 2012 Palace prioritizes sin tax, budget for passage before 2013 BY PATRICIA DENISE CHIU, GMA NEWS November 12, 2012 11:59pm link: http://www.gmanetwork.com/news/story...ge-before-2013
Reply With Quote
9.
Nov 15, 2012 01:28 AM#9 economics102

Member
Join Date Oct 2012 Palace: Tobacco lobby's paid ad vs sin tax bill 'misleading' PATRICIA DENISE CHIU, GMA NEWS November 14, 2012 4:31pm
A Palace official has come forward Wednesday to say that a full-page paid ad that appeared in at least two major broadsheets Wednesday opposing the administrations proposed sin tax measure is "incorrect" and "misleading." The full-page text advertisement was paid for by at least 18 tobacco cooperatives and proclaimed in bold letters: Mr. President, 1,000 percent is too much. The bo dy of the ad lamented that if passed, the sin tax bill would raise prices of a typical pack of cigarettes from P15 to P50, which a lot of smokers would find unaffordable. But Presidential Spokesperson Edwin Lacierda debunked the ad's claims, saying that should the sin tax bill be approved, the increase in taxes will not be immediate. The appearance of that ad would imply that upon the passing of the sin tax bill into law the increase will be immediately 1000 percent. That is incorrect, Lacierda said i n a briefing. more: http://www.gmanetwork.com/news/story...ill-misleading Bongbong: Higher sin taxes may increase smuggling incidents in PHL KIMBERLY JANE TAN, GMA NEWS November 14, 2012 8:24pm link: http://www.gmanetwork.com/news/story...cidents-in-phl
Reply With Quote
10. Nov 15, 2012 03:43 PM#10 economics102

Member
Join Date Oct 2012 Higher cigarette prices, graphic warnings will lessen number of youth smokers poll November 15, 2012 2:37pm Higher cigarette prices and graphic warnings will lessen the number of youth smokers in the country, according to a recent survey commissioned by the Health Justice Philippines. The survey, conducted by the Social Weather Stations between August 24 to 27, showed that of 1,200 minors aged 13 to 17 years old, 8 percent are current smokers, 4 percent are previous smokers, while 88 percent are non-smokers. The results of the survey were released Thursday at a weekly forum at the Senate as senators continued to debate on the controversial sin tax bill, which aims to raise taxes for alcohol and tobacco products. The survey said Filipino minors who are current smokers usually smoke five cigarettes a day. It also showed that most of the current smokers would stop smoking if each cigarette costs P10. It also said price is one of the top reasons why current smokers choose certain cigarette brands. The reasons specifically for smoking a particular brand are taste (34 percent), price (25 percent), 'just for kicks' (16 percent), to get rid of aftertaste (11 percent), the brand is preferred by family members or friends (9 percent), and the brand's prestige (2 percent). It said more than half of current smokers smoked Fortune (56 percent) in the past 30 days, followed by Marlboro (29 percent), Winston (2 percent), More (1 percent), Plaza (1 percent), Boss (1 percent), Hope (1 percent), and Philip Morris (1 percent). It added that preference for Fortune is higher in Luzon (62 percent), and Mindanao (62 percent) and
Visayas (55 percent), while Marlboro is the preferred brand of minors in the National Capital Region (78 percent). more: http://www.gmanetwork.com/news/story...ers-mdash-poll
Reply With Quote
11. Nov 17, 2012 01:09 AM#11 economics102

Member
Join Date Oct 2012 Website launched to monitor Senate vote on sin tax bill November 16, 2012 3:05pm link: http://www.gmanetwork.com/news/story...n-sin-tax-bill Sin tax bill a transparent way to raise revenues IMFs Lagarde PATRICIA DENISE CHIU, GMA NEWS November 16, 2012 4:45pm link: http://www.gmanetwork.com/news/story...h-imfs-lagarde
Reply With Quote
12. Nov 19, 2012 01:11 AM#12 economics102

Member
Join Date Oct 2012 Progressive solons want Senate to delay approval of sin tax bill ANDREO CALONZO, GMA NEWS November 18, 2012 3:04pm Two progressive party-list lawmakers from the House of Representatives on Sunday called on the Senate to delay its approval of the sin tax bill, which they described as anti -poor and a big threat to tobacco farmers. Gabriela party-list Rep. Luzviminda Ilagan said the Senate should devote more time to study and debate on the measure, which seeks to impose higher taxes on cigarettes and alcohol products in the country. We urge senators to continue debating and discussing the bill so they can weigh its pro s and cons, and most of all, address the concerns of the sectors which will be most affected, and these are the poor. Its not really the rich who will be mostly affected. Were not taxing the rich here, Ilagan said in a statement. The congresswoman added that she does not believe that passing the bill will discourage Filipinos from smoking or drinking alcoholic beverages. The moment people are addicted to smoking or drinking, no amount of legislation could lessen that, she said. The Senate is expected to pass its version of the bill on Monday after President Benigno Aquino III certified the measure as urgent. more: http://www.gmanetwork.com/news/story...f-sin-tax-bill
Reply With Quote
13. Nov 19, 2012 12:49 PM#13 economics102
Member
Join Date Oct 2012 House willing to accept Senate version of Sin Tax bill November 19, 2012 12:17pm The House of Representatives is ready to accept the Senate version of the Sin Tax bill, which projects higher government revenue from a proposed increase in taxes on cigarettes and alcoholic beverages. Davao City Rep. Isidro Ungab, chairperson of the House ways and means panel, said he and other House members who will represent the lower chamber in the bicameral conference committee on the measure are amenable to the Senates proposal for P40 billion to P45 billion in additional excise tax revenue collection. It [The Senate version] is acceptable since this is in line with the health and revenue objectives of the government, Ungab said in a statement. The congressman, who also sponsored the House version of the sin tax bill, added that he is personally willing to reach compromises with the Senate as long as the measure will still be aimed at increasing the governments budget for health programs. I will be amenable to whatever is the best measure that Congress can pass that will truly address the health concerns of the youth, the women and the poor sectors of our society. The excise tax on cigarettes can be a good measure to control smoking and excessive drinking, he said. more: http://www.gmanetwork.com/news/story...f-sin-tax-bill
Reply With Quote
14. Nov 20, 2012 12:37 PM#14 economics102

Member
Join Date Oct 2012 Senators agree on P40-B revenue target for sin tax KIMBERLY JANE TAN, GMA NEWS November 20, 2012 9:52am Senators have agreed on a P40-billion revenue target for the bill seeking to increase the excise tax on alcohol and tobacco products. During Monday's session, Senate Bill 3299 or the Sin Tax Reform bill sponsor Sen. Franklin Drilon said the senators agreed that the aggregate sin tax revenues for the first year for both cigarettes and liquor shall be P40 billion. "The P40 billion will be split on the basis of a historical split..with the alchohol answering for 40 percent of the P40 billion and the cigarette 60 percent of the P40 billion," he said. Drilon said the 40 percent for alcohol will be divided between fermented liquor and distilled spirits on the basis of historical allocation. "Historically, mas mabigat naman talaga, mas malaki ang share ng tobacco and pangalawa, dahilan po sa ito ay health issue, health measure," he told reporters after the session. On the other hand, senators agreed on a unitary rate for cigarettes at the start of the fifth year of the bill's implementation. The initial proposal was at the start of the fourth year.
"It was a compromise," he said. The terms agreed on by majority of the senators were ratified during Monday's session. "Now that agreement was ratified by the plenary and therefore tomorrow [Tuesday], we will present and vote on second and third reading a revised version which will reflect those aggregates that we describe on the record," Drilon said. more: http://www.gmanetwork.com/news/story...et-for-sin-tax
Reply With Quote
15. Nov 20, 2012 09:22 PM#15 stepehenyan@12
haremnojutsu
Join Date Mar 2005 Location pornland
Senate passes sin tax bill MANILA, PhilippinesThe sin tax bill was finally approved Tuesday evening after senators concluded their deliberations and amendments on the measure. Certified as urgent by President Aquino, the bill was passed on second and third readings on the same day. The Senate, after a vote of 15-2, passed the measure, with Senators Joker Arroyo and Francis Chiz Escudero voting against the bill. Senator Franklin Drilon, the principal sponsor of the measure, accepted most of the amendments proposed by the other senators. http://business.inquirer.net/93982/s...s-sin-tax-bill
Reply With Quote
16. Nov 21, 2012 02:39 AM#16 economics102

Member
Join Date Oct 2012 Senate passes sin tax bill adding at least P12 per cigarette pack KIMBERLY JANE TAN, GMA NEWS November 20, 2012 8:16pm Defying a lobby that raised the specter of a massive loss of jobs, the Senate on Tuesday passed the Sin Tax Reform bill that seeks to increase excise taxes on alcohol and tobacco products. It was approved after the senators agreed on a P40-billion revenue target for the first year, during which additional taxes will be collected on a 60-40 basis from the tobacco and liquor industries. The bill will now have to be reconciled with the House version by a bicameral committee before it is
presented to President Aquino, who needs to sign it into law. Senator Franklin Drilon said that could happen before the end of the year. "I am pleased to announce that we have passed on second and third reading the sin tax bill. After much negotiation, we have agreed on [a] three-tier system for taxes on cigarettes," Drilon, sponsor of Senate Bill 3299 or the Sin Tax Reform bill, told reporters late Tuesday. The Senate's action pleases both health advocates, who say the higher cost of cigarettes will reduce demand and disease, and the executive department, which is eager to collect the revenues. But the bill was strongly opposed by industry, especially tobacco, which took out full-page newspaper ads and warned of economic dislocation especially in northern Luzon, the nation's tobacco heartland. The bill's passing occurred soon after a dramatic retreat by Senator Ralph Recto, ex-chair of the Ways and Means Committee, who had proposed a version of the bill nearly identical to one formulated by the tobacco industry. After a media firestorm and protests by doctors, Recto withdrew his bill and resigned as chair of the committee. He was replaced by Drilon, who drove the higher-revenue bill forward. The bill, which is also being touted as a health measure, promises to give the government an aggregate revenue of P39.5 billion in 2013; P45.7 billion in 2014; P52.3 in 2015; P57.7 billion in 2016; and P64.4 billion in 2017. more: http://www.gmanetwork.com/news/story...cigarette-pack
Reply With Quote
17. Nov 22, 2012 01:57 AM#17 economics102

Member
Join Date Oct 2012 Sin taxes to boost health budget to at least P80B Drilon November 21, 2012 7:00pm The health sector will get at least P80 billion for its budget next year with the Senate's passage of the sin tax reform bill, Sen. Franklin Drilon announced Wednesday. "We have earmarked P2.3 billion for the health sector under the sin tax reform bill we approved last night, [so] the health sector will get at least P80 billion in 2013," Drilon said during his sponsorship speech on the proposed P2.006-trillion national budget for 2013. On Tuesday, the Senate approved on third and final reading the sin tax reform bill, which seeks to generate almost P40 billion for the state on the first year of its implementation. On Wednesday, Drilon said at least P23.4 billion of the revenue from sin taxes will be added to the P56.8-billion proposed 2013 budget of the Department of Health. He explained that the P23.4 billion will go to the Universal Health Care Program, which will cover the "PhilHealth premium of workers in the informal sector, health facilities enhancement program, preventive and promotive health programs, and policy and regulation standard." On Tuesday, the Senate also approved the insertion of provisions in the sin tax bill earmarking the following: - P10 million to each of the 618 district hospitals operated by local government units for repair and upgrading of facilities and services; - P100 million to each of the 16 regional hospitals and 22 medical centers for the same operational and physical upgrading;
- P750 million for the unemployment package of workers and farmers who will be displaced; and - P250 million to job trainings for tobacco and alcohol workers who wish to start anew The amendments were introduced by Senator Ralph Recto, who was replaced by Drilon as Senate ways and means committee chair. more: http://www.gmanetwork.com/news/story...b-mdash-drilon
Reply With Quote
18. 19. Nov 23, 2012 01:06 AM#18 economics102

Member
Join Date Oct 2012 Palace lauds sin tax bill passage, but no 'urgent' certification for RH bill yet PATRICIA DENISE CHIU, GMA NEWS November 22, 2012 7:51pm Two days after the sin tax bill was passed on third and final reading in the Senate, the Aquino administration still has no clear answer as to the fate of the controversial reproductive health bill. There are discussions in the House right now. We dont know what these discussions will be [since] we have not met with the House leadership yet, Presidential SPokesperson Edwin Lacierda said in a briefing Thursday. In a statement released on the government website Wednesday, the Aquino administration hailed the passage of the sin tax bill as a victory for the much sought-after Universal Health Care Program. Malacaang has long said that the sin tax bill is a health issue above anything else. This complements the Aquino administrations relentless pursuit of Universal Health Care which underscores the belief that healthcare should be a right and not a privilege in this country, the statement read. The sin tax bill, after a few roadblocks, managed to sail through Senate by virtue of an urgent certification from President Benigno Aquino. However, the Reproductive Health Bill has been given no such assurance. However, when asked why the administration has not certified the RH bill which would provide easier access to contraceptives, as well as providing sexual health education to adolescents despite its qualifications as a health measure, Lacierda evaded the question by answering that even without the certification, the administration still wants an RH bill passed. We want a Responsible Parenthood bill passed into law. We made that very clear. But there are developments yet, Lacierda said. Lacierda also clarified that contrary to earlier reports, Majority Floor Leader Neptali Gonzales did not say anything indicating the RH bill is dead. Yung sa sinabi ni Congressman Gonzales na sinabi niya [daw na] 'its already dead in the [House],' I asked Congressman Gonzales if he indeed said that, he said he didnt say it, Lacierda said. Lacierda also reminded the public that the 15th Congress is still in session. Lets wait for the developments to take place and hindi pa po tapos ang kongresong ito. As they say, its not over until the fat lady sings, he added.
Meanwhile, facing a fast-approaching December 21 close of the 15th Congress, advocates, including a congressman, have called on Aquino to certify the bill as urgent. Yung certification as urgent bill that changes the equation, Aurora Rep. Juan Edgardo Angara said at a Tuesday press conference. BM, GMA News source: http://www.gmanetwork.com/news/story...or-rh-bill-yet
Reply With Quote
20. Nov 24, 2012 08:03 PM#19 stepehenyan@12
haremnojutsu
Join Date Mar 2005 Location pornland
Bicam on sin tax set next week MANILA, Philippines - The Senate and the House of Representatives will begin their bicameral conference committee meeting on the sin tax reform bill next week, Sen. Franklin Drilon said yesterday. Well start the bicam at the end of the month because I expect to finish the budget under our schedule by Nov. 28, Drilon, Senate finance committee chairman, said at the weekly Kapihan sa Senado yesterday. He said the bicameral conference meeting on the sin tax would coincide with the one for the 2013 national budget. Anyway, the bicam on the sin tax will be both easy. Well, I dont say easy but I foresee a substantial agreement and I underscore substantial on the cigarette tax because the cigarette tax, we have projected it at about P23.5 billion as against the House version of P26 billion, Drilon said. http://www.philstar.com/headlines/20...-set-next-week
Reply With Quote
21. Nov 26, 2012 10:22 PM#20 economics102

Member
Join Date Oct 2012 Congress urged to open bicam meetings on sin tax bill to the public November 26, 2012 8:45pm An anti-smoking advocate on Monday asked Congress to open to the public its bicameral conference committee meetings on the sin tax bill to avoid possible killer insertions by pro -tobacco lawmakers.
We need to make it open so we will prevent killer insertions, knowing that the bicam is shrouded in secrecy, said Anthony Leachon, a consultant on non-communicable diseases by the Health Department. The House of Representatives approved its version of the sin tax measure in June, which would translate to incremental revenues of P31.35 billion in the first year of implementation. The Senate version, passed just last week, would yield P40 billion. Both versions, to be reconciled through the bicameral meetings, fell below the governments original target of P60 billion in incremental revenues. Leachon feared that with the meetings closed to the public, last-minute insertions by pro-tobacco lawmakers is a possibility, similar to what happened in the controversial Cybercrime Prevention Act of 2012 where a provision on libel was inserted during the bicameral meetings. We dont want these provisions that will undermine the credibility of the reform and lead to adverse, unintended consequences, Leachon said. Leachon urged the bicameral committee to incorporate the best features of the Senate and House of Representatives sin tax versions, including the unitary tax structure, indexation to inflation, earmarking of incremental revenues for universal health care and increasing tax rates over the medium and long term. KBK, GMA News source: http://www.gmanetwork.com/news/story...-to-the-public
Reply With Quote
Page 1 of 2 1 2
Last
Quick Navigation My Vote 2013 Top Previous Thread | Next Thread
Tags for this Thread election 2013 issues View Tag Cloud Posting Permissions
You You You You
may may may may
not not not not
post new threads post replies post attachments edit your posts
BB code is On Smilies are On [IMG] code is On [VIDEO] code is On HTML code is Off Forum Rules
The search is on for the next singing superstar in The Voice: Philippines San Antonio Spurs beat Miami Heat 114-104, takes 3-2 series lead Happy Father's Day! What are your best moments with your dad?
Suggested Topics
PH Spikers end Southeast Asian volleyball tourney with 3-set loss to Indonesia Who are your favorite movie villains? What are your latest fashion purchases? Whats Happening Sub title
PROMO: The Hangover 3
Join now and get a chance to win nifty The Hangover 3 shirts and hats! view more
PROMO: Fast and Furious 6
Join now and get a chance to win swanky Fast and Furious 6 goody bags! view more
Sub title
Review: Man of Steel
Man of Steel breaths new life on the Kryptonian superhero in this action-packed blockbuster. view more
Review: Juana C
Juana C delivers laughs while addressing political issues, painting a caricature of our modern society. view more
Review: The Hangover 3
The Hangover 3 is the final movie of the franchise and though decent, it doesn't end with a bang. view more
Review: Fast and Furious 6
Fast and Furious 6 is a high-octane action-packed ride that will make the most hardened action movie fans blush. view more
Review: Epic
Epic is a visually dazzling tale that's perfect for the young and young-at-heart. view more
All times are GMT +8. The time now is 05:12 PM.
SPORTS & RECREATION

SPORTS
Sports Zone NBA PBA UAAP Games NCAA Tourney Football Forum RECREATION Hobbies and Recreation Eletronic Gaming The Pitstop Anime and Manga CLUBS PEx Basketball Club CrewPEx Dance Club PHOTO GALLERIES UAAP Gallery PBA Gallery
ENTERTAINMENT & SHOWBIZ

MUSIC AND RADIO
Music and Radio Fanpage Fiesta INTERNATIONAL MOVIES AND TV Movies TV General Topics SHOWBIZ General TV Movies Female Celebrities Male Celebrities Loveteams
LIFESTYLE & LEISURE

TRAVEL
Travel and Leisure Visas and Immigration LIFESTYLE Style and Fashion Food and Drinks Home and Garden Body and Fitness What's Up Doc? CLUBS PEx Running Club
NEWS, BIZ & TECH
Local and Foreign Issues Technology Today BUSINESS AND CAREERS The Call Center Forum The Working Filipino Personal Investing and Money Management Entrepreneurs' Corner Higher Horizons
PERSONALS & CHIT CHAT

Personals Small Talk CAMPUS CHAT General Campus Chat Ateneo de Manila University Colegio de San Juan de College of Saint Benilde De La Salle University Far Eastern University Mapua Institute of Technology San Beda College University of Santo Tomas University of the Philippines High Schools OTHERS PEx Online Role Playing Game
RELATIONSHIPS & CULTURE

Buhay Pinoy OFW Exchange Family, Friends and Society Parenting 101 LOVE, COURTSHIP & MARRIAGE Principles, Practices and Preferences Dilemmas Stories and Experiences The Singles Scene Alternative Preferences Intimacy and Passion Mykasal.com
HUMANITIES & EDUCATION

Arts and Literature Realm of Thought EDUCATION The Academe Pinoy Nursing Pinoy Accountancy
CLASSIFIEDS & JOBS

Job Market Clothes and Accessories Health and Beauty Travel Entertainment Consumer Electronics
Mobile Phones Computers Cars and Car Accessories Real Estate Miscellaneous Income Opportunities Ads and Announcements
Home | Forums | About Us | Help | Contact Us | User Agreement FacebookTwitterGplusTumblrInstagramYoutube

Havoc Digital, Inc. PEx, Inc. All rights reserved. Powered by vBulletin Version 4.1.12 Copyright 2013 vBulletin Solutions, Inc. All rights reserved.
back to top
Disclaimer: The views and opinions expressed on this website are those of the authors making the same and do not state or reflect the views of PEx, Inc.

Videos Photos Radio 24 Oras Saksi SONA YouScoop Public Affairs News TV
Contact Us
Job Classifieds Biz Classifieds
The Go-To Site for Filipinos Everywhere June 17, 2013 | 5:13pm PHL Time
Search
Home News Ulat Filipino Sports Economy SciTech Pinoy Abroad Showbiz Lifestyle Opinion Humor
GMA Network
Weather
News Nation Eleksyon 2013
Health groups vow to make sin tax 2013 election issue

October 15, 2012 3:23pm
0 1 0 102
Proponents of the sin tax bill on Monday said they are planning to hit politicians responsible for the "watered down version of the bill where it hurtsnext year's elections. "Binabalak ng civil society na dalhin ang isyung ito sa election, said Dr. Anthony Leachon, an internist-cardiologist and consultant with the Department of Health (DOH), on Monday. "Papangalanan namin ang mga pro-sin tax at pro-health senators para malaman natin kung sino ang dapat iboto natin sa susunod na eleksiyon," he added. Leachon, along with several other doctors, went to the office of Sen. Ralph Recto to confront him regarding the sin tax law. However, he said they failed to convince the senator to make amendments in the proposed measure. "At the end of the day, hindi din namin siya nakumbinsi, kami din naman hindi kami titigil na iadbokasiya kung ano ang nararapat para sa lahat," he said. Recto, chairman of the Senate ways and means committee, was blamed for the allegedly watered down version of the sin tax bill, which seeks to increase taxes on tobacco and alcohol. Meeting with Recto He said Recto was cordial during their meeting and promised them that he would not block
amendments that will be introduced by his colleagues. Leachon said they went to Rectos office to show him their opposition to the new version of the bill. "We confronted him upang magpakita ng pagkadismaya and frustration na hindi niya nakita ang presentation ng mga duktor," he said. Aside from Recto, the group also talked Senators Miriam Defensor-Santiago, Pia Cayetano, Teofisto Guingona and Senate Minority Leader Alan Peter Cayetano. He said the office of Sen. Edgardo Angara had talked to Health Secretary Enrique Ona while Sen. Panfilo Lacson promised to propose several amendments to the sin tax bill. Snowballing support "I think dumadami [ang sumusuporta] kasi nakikita nila ang rationale ng ating advocacy. So our next step ay makikinig kami, magiging vigilant kami," Leachon said, adding they are fighting not only for their constitutional rights but the rights of all non-smokers. The Senate ways and means committee recommended last week a sin tax measure that will raise P15 billion to P20 billion in additional annual revenues for government, a measly amount according to Recto's critics. The House of Representatives, on the other hand, approved last June its sin tax bill, which is expected to raise P31.35 billion in the first year of implementation. Malacaang's proposed version, however, pegs the amount at P60 billion per year. Affected by the criticism and brickbats, Recto expressed willingness to give up the ways and means post, saying his family could not take the hurtful and uncivilized words being hurled at him. Amita O. Legaspi/KBK, GMA News
0 1 0 102
Eleksyon 2013 We welcome healthy discussions and friendly debate! Please click Flag to alert us of a comment that may be abusive or threatening. Read our full comment policy here.
Related Stories
Aquino, Enrile, Villar fail to sign expense reports; filing may be invalid, Brillantes says Unspent campaign contributions are taxable income if not returned to donor, says Comelec chairman Expense reports show no 'overspender' in May 13 polls Chiz may be fined for late filing of expense report 3 Senate bets have yet to file expense reports as of Friday morning
More Nation Stories
Top Stories
Both AFP and rebel groups used minors in armed operations in 2012, UN says PAGASA: Tropical depression Emong to affect PHL until Friday Only 22.4% of households to have savings in Q2 BSP survey Palace to review added maritime safety recommendations for Tubbataha
advertisement
Related Videos
Balitanghali: Ilang bagitong mambabatas na nanalo sa Eleksyon 2013, sumailalim sa legislative training
Saksi: Tatlong natalong senatorial candidate, 'di pa rin nakapagsusumite ng campaign funds report
State of the Nation: Filing ng campaign spending report, deadline ngayong araw; COMELEC, nagbigay ng grace period hanggang June 29
Balita Pilipinas:Paghahain ng SECE ng mga kumandidato noong Eleksyon 2013, hanggang June 13 na lang
More News Videos
Related photos
Supporters of Lanao town mayoralty bets face off
QC govt recycles discarded campaign materials
Lanao town holds special polls
Labor group slams Comelec, Smartmatic for alleged poll fraud
Will May 13, 2013 live in infamy?
Senate roster for 16th Congress complete
Yevgeny Emano is new governor of Misamis Oriental
Hataman proclaimed ARMM governor More Photos

advertisement advertisement
GMA News Online

All Rights Reserved 2013 GMA Network Inc.
About GMA News Online About Us Contact Us Advertise with Us Careers On TV GMA-7 Shows GMA News TV Shows TV Schedule YouScoop News News Ulat Filipino Pinoy Abroad Sports Opinion Showbiz Economy SciTech Lifestyle Humor
Community Bulletin Board 2013 Elections 2013 Election Results Philippine Basketball Association UAAP Multimedia Videos Photos Radio--DZBB Stay Connected RSS Feed Mobile Tools Search Stories Job Classifieds Biz Classifieds GMANetwork.com Entertainment Artist Center Community International Radio Films Records Kapuso Foundation Corporate
Trust Rating
94%
gmanetwork.com

Accounting Issues in The Philippines

Transféré par

Informations du document

Titre original

Copyright

Formats disponibles

Partager ce document

Partager ou intégrer le document

Options de partage

Avez-vous trouvé ce document utile ?

Ce contenu est-il inapproprié ?

Droits d'auteur :

Formats disponibles

Accounting Issues in The Philippines

Transféré par

Droits d'auteur :

Formats disponibles

1. 2. 3.

What Are the Functions of Organization in Business?

Communication is a vital organizational function.

Learn How to Trade.

Diagram creator library

Cebu Pacific is Hiring

References (3) About the Author

Suggest an Article Correction

Levels of Business Organization

The Relation of Finance to Other Business Functions

How to Learn Business Organization

How to Deal With Rude, Subordinate Staff

How to Evaluate Competency

Good Manners in Business Communication

Marketing Strategies for Virtual Assistants

Small Business Index Powered by Demand Media

Careers Community Legal Notices Contests Ad Choices Corporate Home

Editions & Apps

Copyright 2013 Hearst Communications, Inc.

What Are the Functions of Organization in Business?

Communication is a vital organizational function.

Learn How to Trade.

Diagram creator library

Cebu Pacific is Hiring

References (3) About the Author

Suggest an Article Correction

Levels of Business Organization

The Relation of Finance to Other Business Functions

How to Learn Business Organization

How do I Choose a Business Organization?

How to Deal With Rude, Subordinate Staff

How to Evaluate Competency

Good Manners in Business Communication

What Makes a Restaurant Cool?

Small Business Index Powered by Demand Media

Editions & Apps

Copyright 2013 Hearst Communications, Inc.

What Are the Functions of Organization in Business?

Communication is a vital organizational function.

Learn How to Trade.

Diagram creator library

Cebu Pacific is Hiring

References (3) About the Author

Suggest an Article Correction

Goals and Objectives

Levels of Business Organization

The Relation of Finance to Other Business Functions

How to Learn Business Organization

How do I Choose a Business Organization?

How to Evaluate Competency

Good Manners in Business Communication

What Makes a Restaurant Cool?

Marketing Strategies for Virtual Assistants

Small Business Index Powered by Demand Media

Local US & World Sports Business Entertainment

Lifestyle Jobs Cars Real Estate

Editions & Apps

Copyright 2013 Hearst Communications, Inc.

Aquino reform laws: Sin tax in 2012, mining in 2013?

POSTED ON 01/06/2013 9:25 AM | UPDATED 01/10/2013 3:14 PM

Related topics you can follow: mining reform billsin taxesmining

You might like:

Inspired Afraid Amused Annoyed