For the personal sector, the corporate has to steadiness the bottom line or go out of enterprise. SEC.sixteen. Administration of Tax Incentives. – The BIR shall challenge the implementing rules and regulations relating to all points of tax administration referring to PERA. The BIR shall coordinate the qualification standards of the Administrator with the Regulatory Authorities. As well as, it help inside reps to get a better grasp of their prospects and their environment. It’s one thing to at all times be speaking to them over the cellphone and one other to really see their face and their office. There’s something that’s intangible that may by no means be taught simply by going out to see purchasers and prospects head to head.
A choice of two steadiness sheet codecs and four profit and loss account formats. As soon as the choice of codecs has been made for the steadiness sheet and revenue and loss account, the identical codecs must be used for subsequent financial years, until, in the directors’ opinion, there are special reasons for a change, wherein case … Read More ...Read More →