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  2. Philippine legal codes - Wikipedia

    en.wikipedia.org/wiki/Philippine_legal_codes

    The taxes imposed by the Code include a graduated income tax on all income earned by natural and juridical persons within the Philippines, a capital gains tax, excise tax on certain products, a Donor's Tax, an estate tax, and a value-added tax on the sale of most goods and services in the Philippines.

  3. Civil Code of the Philippines - Wikipedia

    en.wikipedia.org/wiki/Civil_Code_of_the_Philippines

    The law on succession, for example, retains such concepts indigenous to Spain such as the rule on legitimes and reserva troncal. On the other hand, many of the provisions on special contracts, particularly on sales , are derived from common law as practised in the United States , reflecting the influence of American colonial rule and the influx ...

  4. Micro business in the Philippines - Wikipedia

    en.wikipedia.org/wiki/Micro_business_in_the...

    Micro businesses in the Philippines can be defined according to the size of assets, size of equity capital, and number of employees. A typical micro business is a business that employs nine people or fewer, with assets of ₱3 million and below. In the Philippines, about 90 percent of all businesses are categorized as micro businesses.

  5. Commercial law - Wikipedia

    en.wikipedia.org/wiki/Commercial_law

    Commercial law (or business law), [1] which is also known by other names such as mercantile law or trade law depending on jurisdiction; is the body of law that applies to the rights, relations, and conduct of persons and organizations engaged in commercial and business activities. [2] [3] [4] It is often considered to be a branch of civil law ...

  6. List of Philippine laws - Wikipedia

    en.wikipedia.org/wiki/List_of_Philippine_laws

    Renaming the Product Development and Design Center of the Philippines into the Design Center of the Philippines 2013-05-15: 10558: Increasing Plantilla Positions for the West Visayas State University and West Visayas State University Medical Center 2013-05-17: 10559: Renaming a Provincial Office of the PNP 2013-05-17: 10560

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  8. Accounting standard - Wikipedia

    en.wikipedia.org/wiki/Accounting_Standard

    The notable limitations of accounting standards are their inflexibility, time-consuming process to create them, the difficulty of choosing between alternative treatments and their restrictive scope. [3] Accounting standards were largely written in the early 21st century.

  9. Government Procurement Reform Act - Wikipedia

    en.wikipedia.org/wiki/Government_Procurement...

    The New Government Procurement Act of 2024, officially designated as Republic Act No. 12009, is a Philippine law which prescribes the necessary rules to address the lack of transparency and competition in government procurement, eliminate collusion and interference, and lessen the delay in the procurement process by creating the Government Procurement Policy Board (GPPB) and PhilGEPs.