Jump to content
  • Recently Browsing

    • No registered users viewing this page.

Recommended Posts

I would just like to inform everybody that a Supreme Court Resolution has just been issued regarding the issue of Special Savings Account.

 

In the case of Banco de Oro vs. Commissioner of Internal Revenue, GR NO. 173602 promulgated on January 15, 2007, the Supreme Court upheld the findings of the Court of Tax Appeals in confirming that SSAs are subject to Documentary Stamp Tax.

 

The SC saw no reversible error on the part of the CTA in denying BDO's petition for review. The SC specifically cited a portion of the CTA decision which stated that "despite the differences in the form of documents, a time deposit and Investment Savings Account have essentially the same attributes and features, and that the definition of a certificate of deposit is all encompassing to include a Savings deposit such as ISA.

Link to comment
  • 2 weeks later...
  • 1 year later...

hi. can anyone help me out on this.

 

i have old coins and paper bills. well not so old, coins during the marcos era 70s most of them, some 80s but obviously they are not in circulation anymore. can i still have them replaced or sell? would banks still accept them if i deposit it?

 

would appreciate your advice.

Link to comment
hi. can anyone help me out on this.

 

i have old coins and paper bills. well not so old, coins during the marcos era 70s most of them, some 80s but obviously they are not in circulation anymore. can i still have them replaced or sell? would banks still accept them if i deposit it?

 

would appreciate your advice.

 

Don't know about other banks but BDO doesn't accept bills that are out of circulation. I ended up selling most of my Marcos-era P2 bills on eBay and Craigslist.

Edited by ligtasan
Link to comment
Don't know about other banks but BDO doesn't accept bills that are out of circulation. I ended up selling most of my Marcos-era P2 bills on eBay and Craigslist.

 

 

@ ligtasan - really. might as well try this also. thanks for the tip.

Edited by wizard23
Link to comment
Don't know about other banks but BDO doesn't accept bills that are out of circulation. I ended up selling most of my Marcos-era P2 bills on eBay and Craigslist.

 

yup. most of the time, money collectors buy these bills/coins at a fortune..

i know one guy who sold his Bagong Lipunan 1 peso coin for 10,000.00 pesos in E-Bay.

Link to comment
hi. can anyone help me out on this.

 

i have old coins and paper bills. well not so old, coins during the marcos era 70s most of them, some 80s but obviously they are not in circulation anymore. can i still have them replaced or sell? would banks still accept them if i deposit it?

 

would appreciate your advice.

 

try dealing directly with bsp...otherwise, u may want to sell them thru e-bay.

Link to comment
  • 3 months later...
  • 2 weeks later...

I wonder if someone can here knows what to do.

 

I currently live abroad. But I was born in the Philippines.

 

All I want is to open a cheque account but had no success... I tried BDO, BPI

 

They ask ids and documents which I dont have... like sedula, drivers licence, birth certificate, electricity bill, phone bill etc...

 

BTW I only need to open a cheque account so I can issue PDCs to Megaworld.. I bought a condo unit (preselling)

 

Also, how much initial deposit is required when opening an account?

Link to comment
I wonder if someone can here knows what to do.

 

I currently live abroad. But I was born in the Philippines.

 

All I want is to open a cheque account but had no success... I tried BDO, BPI

 

They ask ids and documents which I dont have... like sedula, drivers licence, birth certificate, electricity bill, phone bill etc...

 

BTW I only need to open a cheque account so I can issue PDCs to Megaworld.. I bought a condo unit (preselling)

 

Also, how much initial deposit is required when opening an account?

 

have you tried iremit?

 

its a money sending service.

i've seen developers that use this service so the buyers can pay directly from abroad

Link to comment

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...