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The Enhanced Defense Cooperation Agreement (EDCA) is an agreement between the United States and the Philippines intended to bolster the American–Philippine alliance. The agreement allows the United States to rotate troops into the Philippines for extended stays and allows the United States to build and operate facilities on Philippine bases ...
International sources On September 27, 1965, the Philippines adopted pertinent provisions of the Lisbon Act [2] of the Paris Convention for the Protection of Industrial Property by reference as part of the Intellectual Property Code. As a multilateral treaty, the Paris Convention seeks to “protect industrial property … and at the same time repress unfair competition”. It also “provides ...
A chart of accounts ( COA) is a list of financial accounts and reference numbers, grouped into categories, such as assets, liabilities, equity, revenue and expenses, and used for recording transactions in the organization's general ledger. Accounts may be associated with an identifier (account number) and a caption or header and are coded by ...
By the principles of double entry accounting, an entry in the current account gives rise to an entry in the capital account, and in aggregate the two accounts automatically balance. A balance isn't always reflected in reported figures for the current and capital accounts, which might, for example, report a surplus for both accounts, but when ...
The Responsible Parenthood and Reproductive Health Act of 2012, also known as the Reproductive Health Law or RH Law, and officially designated as Republic Act No. 10354, is a Philippine law that provides universal access to methods of contraception, fertility control, sexual education, and maternal care.
The Government Service Insurance System ( Filipino: Paseguruhan ng mga Naglilingkod sa Pamahalaan, abbreviated as GSIS) is a government-owned and controlled corporation (GOCC) of the Philippines. Created by Commonwealth Act No. 186 and Republic Act No. 8291 (GSIS Act of 1997), GSIS is a social insurance institution that provides a defined benefit scheme under the law. It insures its members ...
The Philippines–United States Visiting Forces Agreement, sometimes the PH–US Visiting Forces Agreement, is a bilateral visiting forces agreement between the Philippines and the United States consisting of two separate documents. The first of these documents is commonly referred to as "the VFA" or "VFA-1", [1] and the second as "VFA-2" or ...
The Bureau of Internal Revenue [2] ( Filipino: Kawanihan ng Rentas Internas, or BIR) is a revenue service for the Philippine government, which is responsible for collecting more than half of the total tax revenues of the government. It is an agency of the Department of Finance and it is led by a Commissioner.