+ Follow LAYA MANANGHAYA Tag
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 336346
[Title] => SMC replaces external auditors
[Summary] => Food and beverage giant San Miguel Corp. said yesterday it has replaced its external auditors in line with its policy of rotating auditors.
In its annual stockholders’ meeting Tuesday, San Miguel appointed Laya Mananghaya & Co. as the new external auditors of the company for fiscal year 2006, replacing SGV & Co.
[DatePublished] => 2006-05-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 261484
[Title] => Desperately seeking for a tax shelter
[Summary] => "I have read that if you own a company, you enjoy some sort of tax shelter for property and other income-generating assets you have. Can you tell me how this applies to Philippine laws?" (Raquel of Sumatra, Indonesia)
Under Philippine laws, a corporation is considered as having a separate legal personality from its owners or shareholders. As such, it is separately subject to income tax and other applicable taxes on corporations, although its liability is generally limited to the extent of its assets.
[DatePublished] => 2004-08-16 00:00:00
[ColumnID] => 136025
[Focus] => 0
[AuthorID] => 1772121
[AuthorName] => THINKING TAXES By Raymund S. Gallardo
[SectionName] => Business As Usual
[SectionUrl] => business-as-usual
[URL] =>
)
[2] => Array
(
[ArticleID] => 259762
[Title] => What’s new about the DST law
[Summary] => "I am interested to know the significant amendments to our DST Law through the enactment of RA 9243. I run a small consultancy office whose services are mainly to prepare documents for submission to government agencies and other private institutions as part of business requirements, claims, and investments. I think that, depending on the type of documents to be prepared, the corresponding DST rates have been changed under this new law. Can you provide me please with an overview of these amendments?"
[DatePublished] => 2004-08-02 00:00:00
[ColumnID] => 136025
[Focus] => 0
[AuthorID] => 1772121
[AuthorName] => THINKING TAXES By Raymund S. Gallardo
[SectionName] => Business As Usual
[SectionUrl] => business-as-usual
[URL] =>
)
[3] => Array
(
[ArticleID] => 254788
[Title] => Senior citizen’s discount
[Summary] => Q. "I operate one of those botika ng barangay, offering generic and generally low-priced drugs and medicines. A significant portion of my sales come from purchases made by senior citizens that are tagged 20% lower than the regular price. I understand that the "Senior Citizens Act" has recently been amended. Is there a change on how the 20% discount given them is treated?"
[DatePublished] => 2004-06-21 00:00:00
[ColumnID] => 136025
[Focus] => 0
[AuthorID] => 1772121
[AuthorName] => THINKING TAXES By Raymund S. Gallardo
[SectionName] => Business As Usual
[SectionUrl] => business-as-usual
[URL] =>
)
[4] => Array
(
[ArticleID] => 252058
[Title] => Selling the family home
[Summary] => Q. "It’s mixed emotions that I feel, now that my wife and I have finally reached that phase of our married life where all of our children have settled down and have their own families. We now find ourselves left alone in a modest house that was a taciturn but accommodating witness to our lifelong family memories.
[DatePublished] => 2004-05-31 00:00:00
[ColumnID] => 136025
[Focus] => 0
[AuthorID] => 1772121
[AuthorName] => THINKING TAXES By Raymund S. Gallardo
[SectionName] => Business As Usual
[SectionUrl] => business-as-usual
[URL] =>
)
[5] => Array
(
[ArticleID] => 251234
[Title] => Real estate buyers, beware
[Summary] => Q. "I have been working as an employee for a manufacturing company for quite some time now. Through the years, I have saved bit by bit of what I can salvage from my humble salary. Now, I plan to purchase a vacant lot adjacent to my house and owned by my neighbor.
"My neighbor advised me that certain taxes have to be paid before he can transfer the title to the property under my name. Can you clarify which taxes I should be paying and those which my neighbor should pay?
[DatePublished] => 2004-05-24 00:00:00
[ColumnID] => 136025
[Focus] => 0
[AuthorID] => 1772121
[AuthorName] => THINKING TAXES By Raymund S. Gallardo
[SectionName] => Business As Usual
[SectionUrl] => business-as-usual
[URL] =>
)
[6] => Array
(
[ArticleID] => 245306
[Title] => Knock, knock, who’s there? BIR!
[Summary] => Q."I just received a letter from the district office of the Bureau of Internal Revenue informing me that, in a few days, their examiners will be visiting my business premises to check on my accounting books, my registration, the receipts and invoices I issue, etc. I am just a small businessman and yet the BIR is pounding me with so many letters, requirements, and what have you!
"To be honest, I feel sick every time I receive these alarming letters from them. How do I deal with this?"–Nervous in Navotas
[DatePublished] => 2004-04-05 00:00:00
[ColumnID] => 136025
[Focus] => 0
[AuthorID] => 1772121
[AuthorName] => THINKING TAXES By Raymund S. Gallardo
[SectionName] => Business As Usual
[SectionUrl] => business-as-usual
[URL] =>
)
[7] => Array
(
[ArticleID] => 243536
[Title] => First TIN
[Summary] => Q. "After graduation, I promised myself not to contribute to the growing statistic of the unemployed. So, I applied for all jobs advertised in media and on the internet. Among the many documents that prospective employers require is my taxpayer identification number. The horror stories and urban legends I have gathered from my classmates in obtaining a TIN from the local tax district are quite discouraging. Is there an easier way to secure a TIN."–From J.R. Hunter
A. Welcome to the real world, my friend! Nothing comes easy nowadays.
[DatePublished] => 2004-03-22 00:00:00
[ColumnID] => 136025
[Focus] => 0
[AuthorID] => 1772121
[AuthorName] => THINKING TAXES By Raymund S. Gallardo
[SectionName] => Business As Usual
[SectionUrl] => business-as-usual
[URL] =>
)
[8] => Array
(
[ArticleID] => 241786
[Title] => Better pay than never (or advice to delinquent tax payers)
[Summary] => Q.Due to financial problems, our small company was unable to meet its tax deadlines. What are some of the things that we should take note of in availing of a payment scheme to make up for our delinquent payments?
A.Got a credit card? Ever tried paying late? Well, just in case you haven’t, you will normally see in your statement of account the amount for your actual purchases plus a finance charge or interest plus a late charge. Except for the reward points and free insurance, this is similar to late payment of taxes.
[DatePublished] => 2004-03-08 00:00:00
[ColumnID] => 136025
[Focus] => 0
[AuthorID] => 1772121
[AuthorName] => THINKING TAXES By Raymund S. Gallardo
[SectionName] => Business As Usual
[SectionUrl] => business-as-usual
[URL] =>
)
[9] => Array
(
[ArticleID] => 240908
[Title] => Spouse on payroll
[Summary] => Q. I am an independent contractor and my wife helps coordinate most of my projects. What are the tax pros and cons of putting her on my payroll?
A. Marital dominance issues aside, the obvious reason why putting your wife in your payroll is a good thing in that the salary that your wife gets as an employee can be deducted as a business expense. This is advantageous for your business since the salary she will receive will be an item that could reduce the taxable income of your business.
[DatePublished] => 2004-03-01 00:00:00
[ColumnID] => 136025
[Focus] => 0
[AuthorID] => 1772121
[AuthorName] => THINKING TAXES By Raymund S. Gallardo
[SectionName] => Business As Usual
[SectionUrl] => business-as-usual
[URL] =>
)
)
)
LAYA MANANGHAYA
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 336346
[Title] => SMC replaces external auditors
[Summary] => Food and beverage giant San Miguel Corp. said yesterday it has replaced its external auditors in line with its policy of rotating auditors.
In its annual stockholders’ meeting Tuesday, San Miguel appointed Laya Mananghaya & Co. as the new external auditors of the company for fiscal year 2006, replacing SGV & Co.
[DatePublished] => 2006-05-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 261484
[Title] => Desperately seeking for a tax shelter
[Summary] => "I have read that if you own a company, you enjoy some sort of tax shelter for property and other income-generating assets you have. Can you tell me how this applies to Philippine laws?" (Raquel of Sumatra, Indonesia)
Under Philippine laws, a corporation is considered as having a separate legal personality from its owners or shareholders. As such, it is separately subject to income tax and other applicable taxes on corporations, although its liability is generally limited to the extent of its assets.
[DatePublished] => 2004-08-16 00:00:00
[ColumnID] => 136025
[Focus] => 0
[AuthorID] => 1772121
[AuthorName] => THINKING TAXES By Raymund S. Gallardo
[SectionName] => Business As Usual
[SectionUrl] => business-as-usual
[URL] =>
)
[2] => Array
(
[ArticleID] => 259762
[Title] => What’s new about the DST law
[Summary] => "I am interested to know the significant amendments to our DST Law through the enactment of RA 9243. I run a small consultancy office whose services are mainly to prepare documents for submission to government agencies and other private institutions as part of business requirements, claims, and investments. I think that, depending on the type of documents to be prepared, the corresponding DST rates have been changed under this new law. Can you provide me please with an overview of these amendments?"
[DatePublished] => 2004-08-02 00:00:00
[ColumnID] => 136025
[Focus] => 0
[AuthorID] => 1772121
[AuthorName] => THINKING TAXES By Raymund S. Gallardo
[SectionName] => Business As Usual
[SectionUrl] => business-as-usual
[URL] =>
)
[3] => Array
(
[ArticleID] => 254788
[Title] => Senior citizen’s discount
[Summary] => Q. "I operate one of those botika ng barangay, offering generic and generally low-priced drugs and medicines. A significant portion of my sales come from purchases made by senior citizens that are tagged 20% lower than the regular price. I understand that the "Senior Citizens Act" has recently been amended. Is there a change on how the 20% discount given them is treated?"
[DatePublished] => 2004-06-21 00:00:00
[ColumnID] => 136025
[Focus] => 0
[AuthorID] => 1772121
[AuthorName] => THINKING TAXES By Raymund S. Gallardo
[SectionName] => Business As Usual
[SectionUrl] => business-as-usual
[URL] =>
)
[4] => Array
(
[ArticleID] => 252058
[Title] => Selling the family home
[Summary] => Q. "It’s mixed emotions that I feel, now that my wife and I have finally reached that phase of our married life where all of our children have settled down and have their own families. We now find ourselves left alone in a modest house that was a taciturn but accommodating witness to our lifelong family memories.
[DatePublished] => 2004-05-31 00:00:00
[ColumnID] => 136025
[Focus] => 0
[AuthorID] => 1772121
[AuthorName] => THINKING TAXES By Raymund S. Gallardo
[SectionName] => Business As Usual
[SectionUrl] => business-as-usual
[URL] =>
)
[5] => Array
(
[ArticleID] => 251234
[Title] => Real estate buyers, beware
[Summary] => Q. "I have been working as an employee for a manufacturing company for quite some time now. Through the years, I have saved bit by bit of what I can salvage from my humble salary. Now, I plan to purchase a vacant lot adjacent to my house and owned by my neighbor.
"My neighbor advised me that certain taxes have to be paid before he can transfer the title to the property under my name. Can you clarify which taxes I should be paying and those which my neighbor should pay?
[DatePublished] => 2004-05-24 00:00:00
[ColumnID] => 136025
[Focus] => 0
[AuthorID] => 1772121
[AuthorName] => THINKING TAXES By Raymund S. Gallardo
[SectionName] => Business As Usual
[SectionUrl] => business-as-usual
[URL] =>
)
[6] => Array
(
[ArticleID] => 245306
[Title] => Knock, knock, who’s there? BIR!
[Summary] => Q."I just received a letter from the district office of the Bureau of Internal Revenue informing me that, in a few days, their examiners will be visiting my business premises to check on my accounting books, my registration, the receipts and invoices I issue, etc. I am just a small businessman and yet the BIR is pounding me with so many letters, requirements, and what have you!
"To be honest, I feel sick every time I receive these alarming letters from them. How do I deal with this?"–Nervous in Navotas
[DatePublished] => 2004-04-05 00:00:00
[ColumnID] => 136025
[Focus] => 0
[AuthorID] => 1772121
[AuthorName] => THINKING TAXES By Raymund S. Gallardo
[SectionName] => Business As Usual
[SectionUrl] => business-as-usual
[URL] =>
)
[7] => Array
(
[ArticleID] => 243536
[Title] => First TIN
[Summary] => Q. "After graduation, I promised myself not to contribute to the growing statistic of the unemployed. So, I applied for all jobs advertised in media and on the internet. Among the many documents that prospective employers require is my taxpayer identification number. The horror stories and urban legends I have gathered from my classmates in obtaining a TIN from the local tax district are quite discouraging. Is there an easier way to secure a TIN."–From J.R. Hunter
A. Welcome to the real world, my friend! Nothing comes easy nowadays.
[DatePublished] => 2004-03-22 00:00:00
[ColumnID] => 136025
[Focus] => 0
[AuthorID] => 1772121
[AuthorName] => THINKING TAXES By Raymund S. Gallardo
[SectionName] => Business As Usual
[SectionUrl] => business-as-usual
[URL] =>
)
[8] => Array
(
[ArticleID] => 241786
[Title] => Better pay than never (or advice to delinquent tax payers)
[Summary] => Q.Due to financial problems, our small company was unable to meet its tax deadlines. What are some of the things that we should take note of in availing of a payment scheme to make up for our delinquent payments?
A.Got a credit card? Ever tried paying late? Well, just in case you haven’t, you will normally see in your statement of account the amount for your actual purchases plus a finance charge or interest plus a late charge. Except for the reward points and free insurance, this is similar to late payment of taxes.
[DatePublished] => 2004-03-08 00:00:00
[ColumnID] => 136025
[Focus] => 0
[AuthorID] => 1772121
[AuthorName] => THINKING TAXES By Raymund S. Gallardo
[SectionName] => Business As Usual
[SectionUrl] => business-as-usual
[URL] =>
)
[9] => Array
(
[ArticleID] => 240908
[Title] => Spouse on payroll
[Summary] => Q. I am an independent contractor and my wife helps coordinate most of my projects. What are the tax pros and cons of putting her on my payroll?
A. Marital dominance issues aside, the obvious reason why putting your wife in your payroll is a good thing in that the salary that your wife gets as an employee can be deducted as a business expense. This is advantageous for your business since the salary she will receive will be an item that could reduce the taxable income of your business.
[DatePublished] => 2004-03-01 00:00:00
[ColumnID] => 136025
[Focus] => 0
[AuthorID] => 1772121
[AuthorName] => THINKING TAXES By Raymund S. Gallardo
[SectionName] => Business As Usual
[SectionUrl] => business-as-usual
[URL] =>
)
)
)
abtest
