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.
Business Law and Labor Law Updates
GENERAL PRINCIPLES FOR DATA SHARING UNDER THE DATA PRIVACY ACT
Data sharing shall be allowed when it is expressly authorized by law, provided, that there are adequate safeguards for data privacy and security.
Data Sharing shall be allowed in the private sector if the data subject consents to data sharing.
Data collected from parties other than the data subject for purpose of research shall be allowed when the personal data is publicly available, or has the consent of the data subject for purpose of research.
FILING OF CLAIM FOR INSURED DEPOSIT
Insured deposits are to be paid when an insured bank has been closed
Depositors with deposit accounts with balances of Php 100,000 and below may not be required to file claims
The requirement to file claim on the insured deposits must be done within two (2) years from the PDIC’s take over of the closed bank
GUIDELINES ON THE VERIFICATION OF THE QUALIFICATIONS OF PRIVATE HEALTH WORKERS AND/OR THEIR BENEFICIARIES ON THE GRANT OF COMPENSATION
BIR Form No. 0605 is used for the payment of export products pursuant to Product Replenishment Scheme.
BIR Form No. 0605 is used for the payment of excise tax on non- essential service for excisable cosmetic procedures.
BIR Form No. 0605 is used for the payment of deficiency excise tax.
STANDARD POLICY FOR THE USE OF BIR FORM NO. 0605 FOR EXCISE TAX PURPOSE
BIR Form No. 0605 is used for the payment of export products pursuant to Product Replenishment Scheme.
BIR Form No. 0605 is used for the payment of excise tax on non- essential service for excisable cosmetic procedures.
BIR Form No. 0605 is used for the payment of deficiency excise tax.