Foreign workers now required to secure TIN MANILA, Philippines — Foreign nationals who intend to work or engage in business in the Philippines are now required to register with the Bureau of Internal Revenue (BIR) and get a Taxpayer Identification Number (TIN), according to the agency. This is pursuant to Revenue Memorandum Order No. 28-2019, issued by Internal Revenue Commissioner Caesar Dulay last May 30, prescribing the guidelines for the registration of foreign nationals who want to work or do business in the country. The issuance of the RMO came after the BIR signed joint guidelines with the Department of Labor and Employment (DOLE), Department of Justice (DOJ) and the Bureau of Immigration (BI), which tightened the rules on the issuance of work and employment permits to foreign nationals. This is also in line with the Department of Finance (DOF)’s orders to strengthen efforts in monitoring foreign workers, particularly in the online … [Read more...] about Foreign workers now required to secure TIN
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There was a time when people were blowing into little plastic cartridges, hopeful of getting their copy of Contra to work properly with their Mitashi (or N64 or Atari, depending on the location). Today, streamers are screaming at screens in frustration when a little lag in PUBG causes them to lose their dinner.The ability to play video games without having to download them is an enticing notion for gamers and corporations alike. Instant delivery of content and no requirements for the showroom. It's a win-win, and the scene is already shifting from brick-and-mortar stores to digital retail. Steam, GOG, Humble and other digital game providers have been major perpetrators of this change in cahoots with the console manufacturers themselves.Now, we have software giants releasing "exciting" cloud gaming services – Stadia, ProjectX, Apple Arcade – it is obvious that people will soon have an additional monthly expense apart from today's video or music streaming platforms. This … [Read more...] about Can cloud gaming turn the tide for the industry?
SINGAPORE: Maybe you’re headed there for a weekend of shopping with your friends or perhaps you fancy a nice seafood dinner. Whatever your reason for visiting Johor, there are host of changes underway that could affect your travel.1. VEHICLE ENTRY PERMIT FOR ALL FOREIGN VEHICLESIf you drive to Johor, soon you will have to register for a Vehicle Entry Permit (VEP).The road transport law will be enforced from October.Foreign vehicle owners can apply for the permit online. Drivers applying for the VEP will face a one-off registration fee of RM10 (S$3.30) to have their permit processed.2. SHOPPING IN MALAYSIA - GST ISSUESSome people like to hop across the border to load up on household essentials like toilet paper or baby formula. There are still savings to be made, but watch out: Travellers entering Singapore now get less Goods and Services Tax (GST) relief on items bought overseas.If you spend less than 48 hours outside Singapore, you have to pay GST on … [Read more...] about Heading to Johor? 5 changes that could affect your travel
AKRON, Ohio — Colin Robertson wonders why he pays federal taxes on the $18,000 a year he makes cleaning carpets, while the tech giant Amazon got a tax rebate. His concerns about a tilted economic playing field recently led Robertson to join the Akron chapter of the Democratic Socialists of America. At a gathering this month, as members discussed Karl Marx and corporate greed over chocolate chip cookies, it was not long before talk turned to income inequality and how the government helps the wealthy avoid taxes. “One of the benefits of taxation is taking it and using it for the collective good,” said Robertson, 25, comparing his minimal income to the roughly $150 billion net worth of Jeff Bezos, Amazon’s chief executive and the world’s richest person. “He could be taxed at 99.9 percent and still have millions left over,” Robertson said, “and I’d be homeless.” It is a topic that several presidential candidates, led by Sens. … [Read more...] about News $0 corporate tax for Amazon, profitable giants sickens US voters
NEW YORK — The first issue of The City Record, on June 24, 1873, listed a procurement notice for a steamboat engine for the New York City Department of Charities and Corrections. A more recent notice, from 2017, listed the purchase of almost $4.4 million worth of condoms and lubrication packets as part of a city public health campaign. In between lies the vast history of the city and of The City Record, a bottomless trove of municipal minutiae and legally required announcements that calls itself the “Official Journal of the City of New York.” While most New Yorkers have never read, or even heard of, this city-published paper, it is indispensable to many city officials and to those seeking city contracts. “This is the bible of doing business with the city of New York,” said Eli Blachman, the paper’s longtime editor. “If you want to bid for a city contract, it’s like the lottery,” he said. “You’ve got to be in it to win … [Read more...] about News Selling Condoms or Pet Food? Inside New York’s Business ‘Bible’