Tax agencies should keep up with global trend toward flexible work — ADB - BusinessWorld Online

24/06/2022 6:30:00 PM

Tax agencies should keep up with the global trend toward flexible work arrangements, said an Asian Development Bank economist. READ:

Tax agencies should keep up with the global trend toward flexible work arrangements, said an Asian Development Bank economist. READ:

Cognitive jobs that require data interpretation, analysis, and creative thinking — characteristics that are prevalent among higher educated and more skilled workers — can be done from home, said an Asian Development Bank economist. “What we see globally is that enterprises and workers in information-related occupations are shifting towards hybrid and even remote work arrangements,” Sameer […]

Tax agencies should keep up with global trend toward flexible work — ADB June 24, 2022 | 3:50 pm Cognitive jobs that require data interpretation, analysis, and creative thinking — characteristics that are prevalent among higher educated and more skilled workers — can be done from home, said an Asian Development Bank economist.“I have not seen any documents about it,” she told the ABS-CBN News Channel.A + INCOMING Bureau of Internal Revenue (BIR) secretary Lilia Guillermo has committed to collect the unpaid estate taxes of the family of President-elect Ferdinand “Bongbong” Marcos Jr.“I have not seen any documents about it,” she told the ABS-CBN News Channel.

“What we see globally is that enterprises and workers in information-related occupations are ,” Sameer Khatiwada, ADB Southeast Asia’s social sector specialist, told BusinessWorld in an e-mail.Despite the global trend of hybrid or remote work, business process outsourcing companies (BPOs) in the Philippines that operate in economic zones will be required to operate on location by September 2022, when the extension of the work-from-home set-up approved by the Fiscal and Incentives Review Board ends.” The unpaid estate tax was worth P23 billion in 1997 and had ballooned to more than P200 billion due to interests and other fees, according to former Supreme Court Justice Antonio T.Instead of requiring onsite work to allow the effective monitoring of fiscal incentives, Mr.Nevertheless, Guillermo said Marcos should serve as a “role model” in paying taxes.Khatiwada said that “tax agencies will need to create innovative ways to strengthen tax surveillance and compliance in hybrid or remote work arrangements.Ferdinand R.” Cognitive jobs that can be done remotely include product design, software development, and call center operations.Marcos, Jr.

Back-office operations can also be done from home, although these are at risk of automation, according to Mr., the son of the late dictator, won the May 9 presidential election by a landslide and will start his single six-year term on June 30.The Marcoses will now pay their taxes because nag-comply sa batas.Khatiwada , he differentiated cognitive jobs from manual jobs that cannot be done from home, such as driving a truck or waiting tables at a café.According to a 2012 study Philippine Review of Economics that examined 427 occupations, only 8%–10% have all tasks classified as remote; 35%–37% cannot be done remotely.The court-approved heirs of Mr.The rest are a combination of onsite and remote tasks.Her appointment to lead the country’s top collection agency was announced last week.The pandemic hit some occupations harder than others.who is popularly known as “Bongbong.who is popularly known as “Bongbong.

Service sectors such as those in food and transportation were casualties of the lockdown and physical distancing measures.So were those in manufacturing and construction who had to cope with these disruptions.Guillermo said she had not discussed the matter with Mr."We have to convert those properties to cash para madagdag sa tax collections ng BIR.SOCIAL PROTECTION.

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Incoming BIR chief commits collection of Marcoses’ tax liabilityINCOMING Bureau of Internal Revenue (BIR) secretary Lilia Guillermo has committed to collect the unpaid estate taxes of the family of President-elect Ferdinand “Bongbong”...

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