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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. Real property taxes are considered as local ...
The Intellectual Property Code of the Philippines, Republic Act No. 8293, created the Intellectual Property Office of the Philippines (IPOPHL) that serves to administer and implement the laws regarding intellectual property rights as stated in the Act. Under the IPOPHL, the Bureau of Patents handles the screening of patent applications and the ...
A business entity is an entity that is formed and administered as per corporate law [Note 1] in order to engage in business activities, charitable work, or other activities allowable. Most often, business entities are formed to sell a product or a service. There are many types of business entities defined in the legal systems of various countries.
The Intellectual Property Office of the Philippines shortened as IPOPHL, is a government agency attached to the Department of Trade and Industry in charge of registration of intellectual property and conflict resolution of intellectual property rights in the Philippines.
On September 27, 1965, the Philippines adopted pertinent provisions of the Lisbon Act [2] of the Paris Convention for the Protection of Industrial Property by reference as part of the Intellectual Property Code. As a multilateral treaty, the Paris Convention seeks to “protect industrial property … and at the same time repress unfair ...
Imagine that two or more individuals decide to combine their resources and invest in real estate. This is the essence of a real estate partnership, a legal entity that is created to finance ...
Identify the real estate (property): At least the address, but preferably the legal description must be on the contract. Identify the purchase price: The amount of the sales price or a reasonably ascertainable figure (an appraisal to be completed at a future date) must be on the contract.
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