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Percentage tax is a business tax imposed on persons or entities/transactions: who sell or lease goods, properties or services in the course of trade or business and are exempt from value-added tax (VAT) under Section 109 (w) of the National Internal Revenue Code, as amended, whose gross annual sales and/or receipts do not exceed Php 3,000,000 ...
In October 2020, GAB issued a joint order with the Philippine Sports Commission classifying any athlete who gets paid for non-national team play will be considered as professionals. Any sporting events which are conducted for profit were classified as professional in nature.
Relocation of professional sports teams occurs when a team owner moves a team, generally from one metropolitan area to another, but occasionally between municipalities in the same conurbation. The practice is most common in North America , where a league franchise system is used and the teams are overwhelmingly privately owned.
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While major stock market indexes just posted their worst years since 2008, major sports leagues like the NBA and the NFL reported record years of revenue and their highest-valued franchise sales ...
Telecommunications Franchise Renewal: Smart Communications, Inc (Formerly, Smart Information Technologies, Inc) 2017-07-14: 10927: Amending the Anti-Money Laundering Act of 2001or RA 9160: Designating Casinos as "Covered Persons" 2017-08-02: 10928: Amending the Philippine Passport Act of 1996or RA 8239: Extending the Validity of Philippine ...
Sports mass media in the Philippines (2 C, 1 P) This page was last edited on 28 September 2022, at 19:41 (UTC). Text is available under the Creative Commons ...
The Philippine Basketball Association (PBA) is a men's professional basketball league in the Philippines, composed of twelve company-branded franchise teams. Founded in 1975, it is the first professional basketball league in Asia and the second-oldest in the world after the NBA .