Articles

The Philippine Retirement Pay Law (RA 7641)

Republic Act No. 7641 (RA 7641), also known as the Retirement Pay Law, came into effect in January 7, 1993…
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Tax Advantages of a Retirement Plan

Since Republic Act (RA) 7641, also known as the Retirement Pay Law, does not require companies to set up formal…
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Steps to Make your Retirement Plan a Tax-Qualified Plan

Companies wishing to take advantage of the tax privileges that come with a formal retirement plan must first set up…
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Philippine Financial Reporting Standards (PFRS) for SMEs

Source: BusinessMirror by Miguel R. Camus (01/11/10)   The Securities and Exchange Commission (SEC) has adopted a specific set of…
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