ALBURO ALBURO AND ASSOCIATES LAW OFFICES ALBURO ALBURO AND ASSOCIATES LAW OFFICES

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June 1, 2022

Business Law and Labor Law Updates

The topics below may be relevant to your daily activities, especially those which involve business law, labor law, and other legal areas of your business.

 

 


IS REFUSAL TO UNDERGO DRUG TESTING A VALID GROUND FOR TERMINATION?


  • Persons taking prohibited drugs tend to commit criminal activities

  • The use of dangerous drugs has adverse effects on driving abilities

  • Refusal to undergo the company’s general drug test may lead to termination

Continue reading . . .

 

 


WHO MAY ASK FOR THE DECLARATION OF ABSENCE?


  • The spouse present may ask for the declaration of absence of the absentee spouse.

  • The heirs instituted in a will or relatives who may succeed by the law of intestacy (without a will), may ask for the declaration of absence.

  • Those who may have over the property of the absentee some right subordinated to the condition of his death may ask for the declaration of absence.

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CASH CONVERSION OF UNUTILIZED TAX CREDIT CERTIFICATE


bir

  • Tax Credit Certificate (TCC) represents the amount due to a taxpayer resulting from an overpayment of a tax liability or erroneous payment of a tax due.

  • A TCC may be applied for by the taxpayer instead of filing a claim for refund with the Bureau of Internal Revenue (BIR).

  • Any TCC which remains unutilized for more than one (1) year at any given interval of time during its validity shall be converted into cash with prior written notice by the BIR.

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EASE OF DOING BUSINESS UNDER REPUBLIC ACT NO. 11032


DOING BUSINESS

  • There are regulatory requirements that a business must comply with to engage or operate a business

  • Ease of Doing Business (EODB) Law aims to make it easier for businesses to start operating in the country

  • The most important measure that ease of doing business law introduces is the automation of the business registration process

Continue reading . . .

 

 

 

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