News

ESTATE TAX ON YOUR BANK SAVINGS

𝗤𝗨𝗘𝗦𝗧𝗜𝗢𝗡: 𝗪𝗛𝗔𝗧 𝗜𝗙 𝗕𝗔𝗡𝗞 𝗦𝗔𝗩𝗜𝗡𝗚𝗦 𝗢𝗡𝗟𝗬 𝗔𝗡𝗚 𝗡𝗔𝗜𝗪𝗔𝗡 𝗡𝗚 𝗗𝗘𝗖𝗘𝗔𝗦𝗘𝗗? 𝗠𝗔𝗬 𝗘𝗦𝗧𝗔𝗧𝗘 𝗧𝗔𝗫 𝗣𝗔 𝗕𝗔? Thank you for this very practical question. Many families think that estate tax applies only when the deceased person left land, house, condominium, or other real properties. But the truth is, 𝗯𝗮𝗻𝗸 𝘀𝗮𝘃𝗶𝗻𝗴𝘀 𝗮𝗻𝗱 𝗯𝗮𝗻𝗸 𝗱𝗲𝗽𝗼𝘀𝗶𝘁𝘀 may also form part of the estate of the deceased person. So yes, even if bank sav...

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MP Coffee Corporation has officially broken ground at CDM

MP Coffee Corp. has officially broken ground at #CDM! This marks yet another exciting milestone in CDM’s continued growth as a vibrant destination for lifestyle, community, and everyday experiences by the coast. Present at yesterday’s groundbreaking ceremony were Former Senator Manny Pacquiao, Hon. Vice Mayor Tommy Osmena, Hon. Bimbong Megio, First Vice President and Head of Fi...

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PAG IBIG HOUSING LOAN NOW UP TO 10M PESOS

𝗣𝗔𝗚-𝗜𝗕𝗜𝗚 𝗛𝗢𝗨𝗦𝗜𝗡𝗚 𝗟𝗢𝗔𝗡 𝗡𝗢𝗪 𝗨𝗣 𝗧𝗢 ₱𝟭𝟬𝗠 — 𝗕𝗨𝗧 𝗖𝗔𝗡 𝗬𝗢𝗨 𝗥𝗘𝗔𝗟𝗟𝗬 𝗤𝗨𝗔𝗟𝗜𝗙𝗬? Good news for Filipino homebuyers, OFWs, employees, professionals, and families planning to buy their dream home. Pag-IBIG Fund has reportedly increased its maximum housing loan limit from ₱6 million to ₱10 million to help more qualified members access affordable long-term home financing. This is a big development, e...

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Paalala sa Publiko

Pag-IBIG Acquired Assets na hanap mo, nandito na! Luzon | Visayas | Mindanao PAALALA sa PUBLIKO WALANG ACCREDITED BROKER o AHENTE ang Pag-IBIG Fund sa ACQUIRED ASSETS. Maging maingat at mapanuri! Ang mga transaksyon patungkol sa pagbili or pagsali sa public bidding ng Pag-IBIG Acquired Assets ay maaari lamang gawin sa loob ng aming mga tanggapan at sa aming official website. I-repo...

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Southern Cebu Is Quietly Positioning for Something Bigger

Infrastructure growth is no longer concentrated in Cebu City alone. A major multi-hub development is now being planned in Naga City following the signing of a Memorandum of Understanding between the Cebu Provincial Government and MTD Philippines Inc.. The proposed development includes: Satellite Provincial Government Center Sports & Economic Hub Food Security Center And wh...

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EASE OF CLOSING BUSINESS

𝗕𝗜𝗥 𝗟𝗔𝗨𝗡𝗖𝗛𝗘𝗦 “𝗘𝗔𝗦𝗘 𝗢𝗙 𝗖𝗟𝗢𝗦𝗜𝗡𝗚 𝗕𝗨𝗦𝗜𝗡𝗘𝗦𝗦” 𝗚𝗨𝗜𝗗𝗘𝗟𝗜𝗡𝗘𝗦 𝗙𝗢𝗥 𝗧𝗔𝗫 𝗥𝗘𝗚𝗜𝗦𝗧𝗥𝗔𝗧𝗜𝗢𝗡 𝗖𝗔𝗡𝗖𝗘𝗟𝗟𝗔𝗧𝗜𝗢𝗡; 𝗧𝗔𝗫 𝗖𝗟𝗘𝗔𝗥𝗔𝗡𝗖𝗘 𝗥𝗘𝗟𝗘𝗔𝗦𝗘𝗗 𝗔𝗦 𝗙𝗔𝗦𝗧 𝗔𝗦 𝗧𝗛𝗥𝗘𝗘 𝗗𝗔𝗬𝗦 The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 47-2026 on May 19, 2026, prescribing new guidelines to simplify the process for closing businesses and cancelling tax registration, as part of the implementation of Republi...

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