Amicus Curiae

The following articles were also published in BusinessWorld.

December 28, 2016

Having been enacted in 2012, Republic Act No. 10351, or the Sin Tax Law, amended and simplified the former four-tiered system of taxation applicable to cigarettes packed by machine. The Sin Tax Law provides for a two-tier system of taxation entailing different excise tax impositions dependent on the net retail price of the subject cigarettes, which is intended to result in a unitary system of... Read More

December 14, 2016

As the close of year 2016 comes, we celebrate another year of hard work and a year closer to our retirement. As retirement is an inevitable event for majority of Filipinos, it is just and reasonable that retiring employees will receive due benefits to support them after serving their employers for years and continue to enjoy one of the fruits of their hard work, even in their twilight years.... Read More

December 07, 2016

The Internet age has opened numerous opportunities for businesses, whether through new avenues for advertising (such as alongside search engine results), new channels through which to sell products (such as online marketplaces), and even new ways of offering services (such as Airbnb or Uber). In these Internet-centric times, the primary point of contact by which companies connect with... Read More

November 30, 2016

In light of the enactment of the Philippine Competition Act (PCA) in 2015, competitors, manufacturers, retailers, and sellers or suppliers, in general, should be wary of price fixing agreements. While price fixing is not specifically defined in the PCA, the US Federal Trade Commission defines price fixing as any form of agreement that raises, lowers, or stabilizes prices or competitive terms... Read More

November 17, 2016

With the promulgation of the Implementing Rules and Regulations (IRR) of the Data Privacy Act, employers should be aware of their obligations under the IRR and comply with same within one (1) year from the effectivity of the IRR.    Republic Act No. 10173, also known as the Data Privacy Act, was enacted on Aug. 15, 2012. Subsequently, the National Privacy Commission... Read More

November 09, 2016

Netflix, iflix, and Hooq -- perhaps three of the most prominent Subscription Video On Demand (SVOD) services available in the Philippine market today. The year 2016 has seen an upsurge in the delivery of SVOD services in the Philippines with the entry of industry bigwig and pioneer Netflix earlier this year. Considering that it has been over a year since such services invaded the laptops,... Read More

November 02, 2016

Section 40 (C)(2) of the 1997 National Internal Revenue Code provides two instances for tax-free exchanges of properties: first, transfer to a controlled corporation; and second, merger or consolidation. In both instances, no gain or loss is recognized in the exchange of properties between two taxpayers. The Bureau of Internal Revenue (BIR) through the years has promulgated several... Read More

October 26, 2016

Benjamin Franklin once said that “There are only two things certain in life: Death and Taxes.” Yet even if we know that death is inevitable, we still fail, much worse, forget to get ready for it.    A parent, during his lifetime, will accumulate wealth in order to provide for the members of his family, with the knowledge that upon his death the products of his effort and work... Read More

October 20, 2016

In competition law, dawn raids are powerful tools for competition authorities to investigate possible violations of antitrust  laws.   Dawn raids are unannounced visits by competition authorities seeking information on potentially anti-competitive conduct and practices. They typically involve searching computers, servers, and filing cabinets for documents and information... Read More

October 19, 2016

Online shops have become a convenient place to buy consumer products -- a haven for individuals who do not have the time to visit physical stores and boutiques. Online Shopping is done through personal Web sites, social networking sites like Facebook, Instagram, or through online marketplaces such as Lazada and Zalora. Most buyers prefer transacting with reputable sites such as Lazada and... Read More