BL COMP 6103 LEC 1933T Current Trends AND Issues Christian Felix version 2 | is a BIG SCAMM WITH FAKE REGISTRATION. (FXCL) Markets Ltd. is compensated by the spread. Leverage may increase gains or losses.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. You should make sure you understand the risks involved, seeking for independent advice if necessary.

Registered by the Financial Services Authority (‘FSA’) number 1637 CTD 2018. FXCL Markets Ltd. registered office: Suite 305, Griffith Corporate Center, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines.

Base information about Forex SCAM company:

Real adress in Philipines and company name is:

Company Name: Outstrive
Address: 3rd Floor 399 Enzo building, Makati, Philippines
Phone: +1 (347) 891-7520

Top managment of stealer who scam money of clients:

Juan Belleza Jr
Team Leader
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines
639776459387 / 639155292409

Lea Jean Belleza
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines

James Tulabot
Team Leader

Allen Roel Costales
Sale Manager
522 Tanglaw St. Mandaluyong City Barnagay Plainview

Kristoff Salazar
Sale Team Leader
Unit 1414 Kumagawa Bldg River City Brgy 880 Sta. Ana Manila, Philippines

Xanty Octavo
Sale Manager
8137 Yabut Street Guadalupe Nuevo Makati City , Philippines

Virgilito Dada
Account Manager

Elton Danao
Sale Manager
639175048891 / 639991854086

All of this persons need be condemned and moved in Jail.

!!!!!STOP STEAL Philippines MONEY!!!!!!

For this reason, when you apply for an account, we will ask for information that will allow us to identify you. Before we start, please note that every time we mention “we”, “our”, “us”, the “Bank”, “East West Rural Bank”, and “EWRB” in this document, we are referring to East West Rural Bank, Inc. The terms “you”, “your”, “yours”, “account holder” and “cardholder” refer to any person who has an account or opens an account with East West Rural Bank through the Komo Mobile App. How you measure your profits compared to your capital determines whether you are making enough profit from your trading plan or strategy. An illiquid asset cannot be easily converted into cash, without experiencing some significant level of loss. Illiquid stocks may be good for value investors, however as a trader you don’t intend to buy and wait too long. Although leverage can amplify your profits if the market moves in your favor, it can also significantly reduce or wipe out your trading capital if your projection is wrong. A stop loss order should be set at a level where you are willing to take a loss & exit the trade.

When the on-line merchant and the on-line buyer are both physically present in the Philippines, there should be no issue as to business and income tax liability since the income is clearly sourced within the Philippines and the BIR can easily apply domestic laws on taxation. It goes without saying that for transactions via an electronic medium, the BIR would have to address concerns on security of data, authentication of writings and signature, data protection and integrity of transmitted documents. If there is one thing that the BIR is too strict about, it is the unauthorised access of information, not only because we are subject to hefty penalties for unauthorised disclosures but also because the element of voluntary tax compliance depends to a great extent on our ability to protect information. 3.Issuance of tax clearances, permits, licenses -The BIR is one agency of the government which issues hundreds of documents a day to taxpayers for tax clearance, permits, licenses and certificates of registration. The application for these may be done electronically and the document itself can be transmitted in like manner, thus ensuring a fast and efficient receipt by the taxpayers. However, the only thing that we cannot do away with is the physical inspection of the premises when required for reasons of factual determination.


However, if someone else invests $50,000 and makes $2,000, that is a 4% profit and that person is more profitable than you. The broker comparison website Safe Forex Brokers Philippines warns traders in the Philippines to not trade CFDs & forex as it is not regulated. But it points out that there are still around 100,000 active traders in the Philippines. And there are over 30 foreign regulated CFD brokers who accept clients based in the Philippines, without being regulated locally. The EUR/USD nicknamed “fiber” was approximately 23% of the global forex transactions in 2016. Before you sign up with a broker, carry out a comparison to help you pick forex brokers who offer tight spreads on these major currency pairs. The secret here is to trade these major currency pairs, instead of the minor and exotic ones. To optimize your trading experience, ensure you do fundamental analysis all the time.
An investor can also benefit from a listed company’s stock dividend declaration as the shares of stocks add up to their holdings at no purchasing cost and can later be sold anytime he/she wishes. Liquidity of Funds – A stock market investor has an easier access to funds given that he/she can always cash in or out his funds anytime, during trading hours, through his/her stockbroker. Compared to banks which require high minimum conditions or collaterals for deposits and credit, an individual can start an investment for as low as P5,000. Note, however, that the minimum amount of investment varies depending on the stockbroker chosen and the stocks to be purchased. In anticipation of the millenium problem, the Bureau formed a Y2K Task Force headed by the Assistant Commissioner of the Information Systems Development Service and composed mainly of ISG personnel. The objective of the Task force is to ensure that the BIR is Y2K ready, in compliance with Executive Order Number 9 and 14, which directed all concerned government institutions to ensure the millenium compliance of their computer-based systems. In order to support the Task Force, a sub-committee was formed to serve as a working group.

A brief guide on the Philippine Association Community

We reserve the right to refuse documents that you present or submit to us for any bank transaction so long as these differ from the ones we approved and use. Foreign Account Tax Compliance Act, the Common Reporting Standard, economic sanctions, or government requirements . Please refer to Annex A for the list of regulatory agencies and partners that we share your personal information with. Non-personal information regarding visits to our website, such as IP address, browser type, operating system, and average time spent, to measure use, audit logs and improve the content of our site. Information provided to our third-party service providers and accredited partners. Personal Identifiable Information are data points that allow us to identify you. Examples of these are your name, your date of birth, your biometrics such as facial photograph, your identification documents, your contact details, your mobile or PC’s IP address or unique identification number. You further authorize us, our employees, and our representatives, to effect correction or reversal of any confirmed error or misposting on the account without us incurring liability as a consequence thereof. These terms and conditions and any and all of your accrued but unpaid obligations to us will survive the termination of your right to use your account.

You shall receive from your broker either the proceeds of sale of your stocks or proofs of ownership of stocks you bought . If you wish to have a physical certificate of the stocks you bought, you can give instructions to your broker and pay the required upliftment fee. You can purchase shares of stocks either through an initial public offering or through the open market . Shares sold through IPOs are offered for the first time to the public by the company whereby proceeds of the sale go directly to the company. Shares of listed money stealers or publicly traded companies are only bought during trading hours. These shares have since been transferred from one owner to another and proceeds of the sales do not go directly to the company but to the owners of the shares. In central bank terms, Bank Indonesia remains one of the most dovish in the region, maintaining its benchmark rate at 3.5%. Indonesia is in a sweet spot amid current global volatility, given the manageable inflation and the prospect of stronger economic growth as the economy reopens this year.


The cooperative adjusts any previously recognized provision related to this court case or recognizes a new provision. Rather, the settlement provides additional evidence to be considered in determining the provision that should be recognized at the end of the reporting period. A cooperative may be committed, by legislation, by contractual or other agreements with employees or their representatives or by a constructive obligation based on business practice, custom or a desire to act equitably, to make payments to employees when it terminates their employment. In measuring its defined benefit obligation, a cooperative considers the probability that some employees may not satisfy vesting requirements. The probability that the specified event will occur affects the measurement of the obligation, but does not determine whether the obligation exists. This framework does not require a cooperative to engage an independent actuary to perform the comprehensive actuarial valuation needed to calculate its defined benefit obligation, nor does it require that a comprehensive actuarial valuation must be done annually. In the periods between comprehensive actuarial valuations, if the principal actuarial assumptions have not changed significantly the defined benefit obligation can be measured by adjusting the prior period measurement for changes in employee demographics such as number of employees and salary levels. To pay further amounts if the insurer does not pay all future employee benefits relating to employee service in the current and prior periods. The amount of impairment losses recognized in surplus or loss during the period and the line item in the statement of operations in which those impairment losses are included.

Exemptions granted to “new and necessary” industries included income tax, sales tax, advance sales tax on imported materials and other local taxes. This was broadened to include exemptions from custom duties of capital equipment under RA 901 in 1953. Under these modified procedures, Large Taxpayers first submit their returns/payment forms to assigned personnel of the Large Taxpayers Division, for verification of the completeness of the returns/payment forms, prior to presenting them to the Bureau’s authorized Agent Banks for Large Taxpayers. Upon receipt by the Bank of a tax payment, the taxpayer’s return/payment form is validated and the corresponding amount is automatically credited to the savings account of the Bureau of Treasury , which the BTR maintains in the branches of all AABs authorized to receive tax payments from Large Taxpayers. To ensure that the Banks accurately report their collections, the BTR in turn furnishes the BIR’s Revenue Accounting Division and the Large Taxpayers Division with daily reports on the remittances of the Large Taxpayers’ AABs. The Philippines, and other countries such as Italy, the Philippines, and Thailand, by provision of their internal revenue laws, subjects certain income payments – such as interests on bank deposits and royalties – to final taxes. The withholding of this tax is referred to as “withholding of final tax at source”. The taxpayer-payee is not required to declare and submit a tax return on such income that is subjected to final withholding tax.

To avert this eventuality, tax credit may be transferred but is limited only to another BOI- registered firm. However, this may also be futile when there is no BOI-registered enterprise with substantial tax liabilities to warrant full transfer of tax credit. Registered enterprises locating in LDAs or in areas deficient in infrastructure, public utilities and other facilities may deduct from taxable income an amount equivalent to the expenses incurred in the development of necessary and major infrastructure works. This shall be equivalent to the difference between the prevailing tarrif rate and 3% duty imposed on the imported counterpart. Agricultural producers will be exempted from the payment of all taxes and duties on their importation of breeding stocks and genetic materials within ten years from the date of registration or commercial operation. Enterprises owned by non-Filipinos in whatever proportion may be set up in the Ecozone either by themselves or in joint venture with Filipinos in any sector of industry, international trade and commerce.

  • The second will contain the rules and procedures to be followed in registering a business with the Bureau.
  • It tells the broker to close your trade when the price of the asset has crossed a predetermined stop price.
  • One Time Password or OTP – a numeric code sent to a registered mobile number via SMS as a secondary mechanism of identifying users who are authorized to transact and gain access to any account maintained with us.
  • The system enables faster and easier access to tax rulings, as well as legal and administrative cases.

In conclusion, with the major reforms, policies and programs already in place, the investment climate in the Philippines continues to be attractive and promising. The Philippines is offering to foreign investors, not just a temporary haven, but a home in which to stay, grow and prosper. The rationalized structure of Executive Order 226 offers more or less similar types on incentives as other ASEAN countries do but we have yet to exert more effort in attracting investors. Studies have shown that other than the grant of fiscal incentives, other factors such as political stability, peace and order situation, telecommunications provisions, power and water crisis, and adequacy of infrastructures influence the flow of investments. It is the economic and political environment that literally draws investors to any investment center. More often, employees concerned lack the proper training and knowledge in handling tax incentive information dissemination. There is also lack of coordination among the various government agencies in the formulation and in the implementation of policies and guidelines. Private entities which employ disabled persons as regular employee, apprentice or learner shall be entitled to additional deductions from their gross income equivalent to 25% of the total amount paid as salaries and wages to disabled persons. Moreover, private entities improving or modifying their physical facilities to provide reasonable accommodation for disabled persons shall be entitled to an additional deduction from their net taxable income equivalent to fifty percent (50%) of the direct cost of the improvements or modifications. The net foreign exchange savings or earnings amount to at least US S500,000.00 annually during the first three years of operation.

SEC goes after another suspected investment scam

With the recent promulgation into law of Republic Act No. 8792, or the E-Commerce Law, which provides for the legal recognition and use of electronic commercial and non-commercial transactions, it now becomes imperative for the BIR to introduce this concept into its existing tax administration system. On the occasion of the BIR’s 96thanniversary, it is worthwhile to look back and assess what the Bureau has accomplished during the first half of the year 2000. This report recounts the BIR’s collection performance and the measures it has undertaken to enhance revenue generation and improve tax administration, in pursuit of the priority actions laid down by Commissioner Dakila B. Fonacier at the start of his administration. In the past ten years, the Bureau has contributed, through its revenue collection efforts, at least one tenth of our entire Gross Domestic Product. I think I would not be remiss in saying that the Bureau’s performance is akin to that of an entire industry. Right now, the Bureau is contributing approximately 80% of the total revenues of the national government. The Revenue Watch Dashboard, when fully implemented, will enable the BIR to monitor tax collections at any given time.

*Information not comfirmed*

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