Tax Notes: Clarifying issues on certain VAT-exempt medicines and medical devices used for Covid-19 under the Create Act

THE Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 99-2021 to address some of the issues and concerns of taxpayers about the consolidated list of VAT-exempt products in RMC 81-2021 and the treatment of input VAT on said products prior to or upon the effectivity of its VAT exemption. This exemption is […]

Prosecutor calls R. Kelly ‘predator’

NEW YORK —  R. Kelly is a “predator” who demanded absolute fealty from the many women and underage girls he dominated in a two-decade racketeering scheme, a federal prosecutor said on Wednesday as the R&B star’s sex abuse trial began. Mr. Kelly’s defense team countered that the government’s case had “gaps,” and that the 54-year-old […]

Cebu mayors ask capitol to allow use of schools for isolation

SOME mayors in Cebu Province have requested the Cebu Provincial Government to have the Department of Education (DepEd) allow them to use the classrooms as isolation facilities for Covid-19 patients. Cebu Gov. Gwendolyn Garcia said mayors find classrooms more suitable as isolation centers. Garcia said she has relayed this to DepEd provincial superintendent Dr. Marilyn […]

BTS collaborations lead to surge in online interest, according to iPrice

Brands are leveraging BTS’ global influence as the K-pop boy band continues to reign at the top of the music charts. A report by meta-search website iPrice found that Google searches on a brand can double after a collaboration with BTS.  BTS’ collaboration with McDonald’s this May contributed to a 47% increase in interest compared to the same period last year, according to iPrice. […]

Eased metro lockdown eyed for rest of June

By Kyle Aristophere T. Atienza and Vann Marlo M. Villegas, Reporters THE GOVERNMENT would probably ease the lockdown in Manila, the capital and nearby cities and provinces this week on decreasing coronavirus infections, according to the presidential palace. Metro Manila and the provinces of Bulacan, Rizal, Laguna and Cavite would likely revert to a general […]

Bzzzzz: What make Cebu City Council colorful: speech-ful vice mayor, councilors who ‘peruse,’ secretary who hand-speaks. Yet media miss bombast from the likes of Kons Elizondo with his barong.

Not a storm, a drizzle News media reported Friday, April 23, that less than a hundred doses were left for the three vaccination sites in Cebu City and, as of 11:30 a.m., operations at all the vaccination sites were stopped temporarily, to resume until more vaccines would arrive. The “good news” part: many seniors of […]