private sector

Palace Clarifies Procurement Of COVID-19 Vaccines By Private Sector Subject To Tripartite Agreement

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Roque

Malacañang clarified that the procurement of COVID-19 vaccines by the private sector will be subjected to a tripartite agreement. Malacañang on Tuesday clarified that the procurement of COVID-19 vaccines by the private sector will be subjected to a tripartite agreement. In a report on GMA News Online, Malacañang clarified that private firms will be required … Read more

BIR Issues RMC 120-2020 Clarifying Tax Exemption Of Private Sector Employees Retiring Early

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BIR

BIR issued RMC 120-2020 clarifying the tax exemption of private sector employees retiring early. The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) 120-2020 clarifying the tax exemption of employees in the private sector who were retiring early. This, as the retirement benefits received by an employee from a private firm who decided … Read more