NIRC definition
Examples of NIRC in a sentence
Unless otherwise specified, the terms used herein shall have the same meaning as those defined in the RE Contract, subject to the International Accounting Standards as adopted in the Philippines (IAS), Philippine Financial Reporting Standards (PFRS), the National Internal Revenue Code (NIRC), as amended, and other applicable accounting rules.
Purchaser will be subjected to “Know your customer” (KYC) verification and security checks by agreeing to provide the required personal information, including name, date of birth, NIRC, address, etc.
Tax rulings are official position of the Bureau on inquiries of taxpayers, who request clarification on certain provisions of the National Internal Revenue Code (NIRC), other tax laws, or their implementing regulations, usually for the purpose of seeking tax exemptions.
NIRC reserves the right to request proof of any authorizations prior to the commencement of the Rental Period or at any time during the contract period.
Petitioner is thereafter ORDERED to reflect the reimbursement in its EVAT Return for the current quarter to be submitted to the Bureau of Internal Revenue and pay the same to the latter’s authorized collecting agency immediately within the next monthly pay period as provided under the NIRC.
It held that the Special Savings Deposit (SSD) account in issue is subject to DST because its nature and substance are akin to that of a certificate of deposit bearing interest, which under the then Section 180 of the National Internal Revenue Code (NIRC), is subject to DST.
In the event PLB completes and commences operation of the New Integrated Recycling Centre within the time stipulated in Section 2.3.6 (ii) of this Announcement, the Penang State Government shall release the NIRC Security Land to PLB and the NIRC Security Land shall then cease to form part of the State’s Security Land.
Any cost and expenses incurred by NIRC in recovery of equipment or in collecting any sum due under the contract for storage, insurance, transport and legal fee if any.
Aichi merely interpreted the provisions of Section 112 of the NIRC of 1997, as amended.
Under the NIRC, these professionals are subject to the 10% valueMadded tax (VAT) on services they render.