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Cham
JoinedAugust 6, 2020
Articles55
Letter of Authority and Letter Notice
Legal SheetsTax Journals

Letter Notice Not a Valid Substitute for Letter of Authority in Tax Audit

An LN is entirely different and serves a different purpose than an LOA. After an LN has served its purpose, the revenue officer should have properly secured an LOA before proceeding...
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Atty. Cham
Random Notes

Failure Delays But Does Not Prevent Success

Success is won by those who do not give up but keep on trying. Failure merely delays success. Failure does not prevent success...
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Gross Receipts HMO
Legal SheetsTax Journals

Gross Receipts of a Health Maintenance Organization (HMO) for Value-Added Tax

For VAT purposes, the gross receipts of an HMO do not include the amounts earmarked and actually spent for medical utilization of its members...
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Divorce
Legal Sheets

Validity of Divorce Obtained Abroad When Filipino Spouse Initiated the Proceeding

The letter of the law does not demand that the alien spouse should be the one who initiated the proceeding wherein the divorce decree...
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Documentary Stamp Tax
Legal SheetsTax Journals

Documentary Stamp Tax Payment Date for DST Metering Machine Users

For DS metering machine users, the payment of the DST upon loading/reloading is merely an advance payment for future application...
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Law and Justice
Legal Sheets

Republic Act No. 9225: Re-acquisition of Philippine Citizenship

Natural-born Filipino citizens who lost their Philippine citizenship by reason of naturalization as citizens of a foreign country may reacquire their Philippine citizenship pursuant to Republic Act No. 9225...
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Child born before time
Random Notes

Born Before Time

Every child is a work of art, a kind of its own, a masterpiece like no other. Each journey is a special story of abounding love...
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Legal SheetsProperty Ledgers

Maceda Law – Transactions Covered and Rights of Buyer

Republic act No. 6552, the Realty Installment Buyer Act, was enacted ‘to protect buyers of real estate on installment payments against onerous and oppressive conditions' (Sec. 2)...
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Military Checkpoint
Legal Sheets

Legality of Inspection of Public Transport Buses at Military Checkpoints

An inspection of a public transport bus is a reasonable search, which is beyond the ambit of the constitutional protection...
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Guidelines - Bus Search and Inspection
Legal Sheets

Guidelines in the Conduct of Bus Search

The Supreme Court laid down in Saluday vs. People the guidelines in the conduct of bus searches. Whenever compliant with these guidelines, a routine inspection at the terminal or of the vehicle itself while in transit constitutes a reasonable search...
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Notice - Stockholders Meeting
Legal Sheets

Validity of Notice of Stockholders’ Meeting Not Affected By Date of Receipt

Section 50 of the Corporation Code and the by-laws of GCI only require the sending/mailing of the notice of a stockholders' meeting to the stockholders of the corporation. Sending/mailing is different from filing or service under the Rules of Court...
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Things Meant to Be
Random Notes

Some Things are Simply Meant to be

Perhaps, some things are simply meant to be. But, I would rather believe that love does make things happen for it was love that sustained me through the woes and pains of being a law student...
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Business enterprise transfer
Legal Sheets

Business Enterprise Transfer Rule

The purpose of the business-enterprise transfer is to protect the creditors of the business by allowing them a remedy against the new owner...
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Law and Jurisprudence
Legal SheetsTax Journals

Sale by PSALM of the Power Plants of NPC Not Subject to Value-Added Tax

The sale of the power plants is not "in the course of trade or business" as contemplated under Section 105 of the NIRC, and thus, not subject to VAT...
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Capacity to sue
Legal Sheets

Capacity to Sue of Dissolved Corporation

The time during which the corporation, through its own officers, may conduct the liquidation of its assets and sue and be sued as a corporation is limited to three years from the time the period of dissolution commences...
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Law and Jurisprudence
Legal SheetsProperty Ledgers

Interest on Installment Sale of Real Property and Suspension of Payment

Although the suspension of payment by the buyer was valid, he is still liable to pay the interest as agreed upon...
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Fairytale
Random Notes

Age of Innocence

She’s a perfect reflection of a soul wrapped in the age of innocence, unblemished by the tyranny of time, unscathed by the ruthlessness...
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Realty Appraisal
Property Ledgers

Approaches to Value in Real Estate Appraisal

In real estate appraisal, the appraiser normally uses three approaches: 1) market data approach, 2) cost approach, and 3) income approach...
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This Blog is a platform of free speech, unhampered by censorship and constrained only by the parameters of good manners and right conduct. The Content reflects the personal thoughts and views of the authors. Nothing is intended, and everything should not be taken, as a form of professional advice or opinion.

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