Archive for May, 2010

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Microsoft Licensing And Rental Rights Agreement For I-Cafés

27, May 2010

Microsoft (MS) operating systems are installed and being used in the big majority of i-cafés in the Philippines. It should be of help for i-café owners to know the different kinds of software that he can use on his business and be on the right side of the law. PC software piracy in the country has remained at sixty-nine (69%) percent despite the effort to bring it down. Microsoft itself made a promo that offers Windows 7 and MS Office 2007 at unprecedented low prices. An information campaign for i-café owners to know his options in licensing his MS software is on-going with the hope of reducing piracy.

Itemized Vs. Optional Deductions On Income Tax

24, May 2010

Effective July 2008, the Optional Standard Deduction (OSD) is increased to forty (40%) percent for both individual and corporate taxpayers so a Filipino taxpayer can now decide whether he will stick to the old itemized deduction of expenses or use OSD in filing his income tax returns. Taxpayers who retain the services of knowledgeable bookkeeper or accountant must have been briefed on the advantages and disadvantages of the two (2) schemes. This article is intended for those who are doing their income tax returns by themselves so that they can intelligently decide on which method of deduction to use.

The Income Tax Of An I-Café Business

20, May 2010

April of each year is the time for computing, filing and paying the annual income tax derived from compensation and/or business of every citizen of this country including an i-café owner. Many questions are being asked in various forums regarding the subject and we will try to answer some of them in this article.


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