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SEC INCREASES AUDIT THRESHOLD FROM PHP600,000.00 TO PHP3,000,000.00

Corporate, Finance, Legal Updates / By

In a move aimed at supporting micro, small, and medium enterprises (MSMEs) and aligning regulatory requirements with current economic realities, the Securities and Exchange Commission (SEC) has issued Memorandum Circular No. 4, Series of 2026 dated January 20, 2026.  Under the new rules, stock and non-stock corporations exceeding Php3 Million in total assets or liabilities must submit audited financial …

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Can a Corporation Sit on a Condominium Board? The Supreme Court Finally Answers

Corporate, Legal Updates / By

The case of Rodriguez v. Pastorfide, et al. (G.R. No. 256648 24 February 2025) arose from a dispute over who may validly sit on the board of a condominium corporation when the unit owner is a corporation and not a natural person. Medical Plaza Makati Condominium Corporation (MPMCC), a non-stock condominium corporation, held its 20th …

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Mobile vs Desktop Gaming: Which is Better?

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As an experienced player at milkywins casino, you might be wondering whether mobile or desktop gaming is the superior choice. Both platforms have their advantages and disadvantages, particularly when it comes to Return to Player (RTP) percentages, bonus terms, and wagering requirements. Let’s explore these aspects in detail. Question: What are the key differences in …

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BIR INCREASES DE MINIMIS BENEFIT CEILINGS: REVENUE REGULATIONS NO. 29-2025

TAXATION, Legal Updates, TAX EXEMPTION / By

The Bureau of Internal Revenue (BIR) has issued Revenue Regulations (RR) No. 29-2025, dated 27 October 2025 and posted on the BIR website on 22 December 2025, increasing the allowable ceilings for De Minimis benefits granted to employees. De Minimis benefits are employee benefits that are exempt from income tax and withholding tax on compensation, …

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How a Browser dApp Connector Can Finally Make Multi‑Chain DeFi Feel Human

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Here’s the thing. Browser users want a single place to manage many chains. They want smooth approval flows and fewer wallet popups interrupting work. But in practice the ecosystem is fragmented, with separate wallets, inconsistent dApp connectors, and network switching that confuses even experienced users who hop between Ethereum, BSC, and other chains. I built, …

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Supreme Court: BIR Cannot Use Distraint, Levy, or Garnishment Without Delinquency or a Valid Assessment

Corporate, Legal Updates, TAXATION / By

In Commissioner of Internal Revenue v. Stradcom Corporation (G.R. No. 255520, 21 April 2025, Caguioa, J.), the Supreme Court affirmed the Court of Tax Appeals (CTA) and ordered the Commissioner of Internal Revenue to refund or issue a tax credit certificate in favor of Stradcom Corporation in the amount of ₱325,381,412.81, representing illegally collected income tax for …

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Supreme Court: Mutual Consent Essential for Voluntary Arbitration in Labor Disputes

Announcements, Legal Updates / By

On 19 May 2025, the Supreme Court held that in a claim or dispute between a Filipino seafarer and their employer, the continuing and consistent objection of one party to voluntary arbitrators shall result in the application of the general rule in Republic Act No. 8042, as amended, that labor arbiters have jurisdiction over the …

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RMC NO. 107-2025 – Suspension of all Audit and Other Field Operations of the Bureau of Internal Revenue Until Lifted by the Commissioner of Internal Revenue

Corporate, Finance, Legal Updates, TAXATION / By

On 24 November 2025, the Bureau of Internal Revenue (“BIR”) issued Revenue Memorandum Circular (“RMC”) No. 107-2025, ordering the immediate suspension of all ongoing field audits and audit-related operations. The suspension covers the issuance of Letter of Authority (“LOA”), Mission Order (“MO”), examination, and verification of taxpayers’ books of accounts, records, and other related transactions. …

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Why IBKR TWS Still Wins for Professional Traders — Practical Tips from the Trading Desk

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Okay, so check this out—Interactive Brokers’ Trader Workstation (TWS) isn’t the flashiest kid on the block. Wow. But it’s relentless and capable in ways that matter when you’re trading for real. On one hand it’s dense. On the other hand it gives you everything from low-level order routing controls to portfolio-level risk analytics that most …

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