The New Law On Service Charges

The New Law On Service Charges

With the enactment of Republic Act No. 11360, rank-and-file employees of restaurants, hotels and similar establishments are now entitled to 100% of the service charges collected from customers. R.A. No. 11360 — or “An Act Providing that Service Charges Collected by...
Changing Times for PEZA Locators

Changing Times for PEZA Locators

Taxes are integral to any economic policy. Investments flow in and out of the economy based on fiscal incentives as much as human capital. For Philippine Economic Zone Authority (PEZA) locators, investors were enticed to invest in the Philippines with tax incentives,...