Category: Charity

Should Churches Pay Taxes?

Well, to burst your bubble, churches DO pay taxes.

Under Section 4(3), Article XIV of the Constitution, it is stated that charitable institutions, churches and parsonages or convents appurtenant thereto, mosques, non-profit cemeteries, and all lands, buildings, and improvements, actually, directly and exclusively used for religious, charitable, or educational purposes shall be exempt from taxation.

It also states that;

“(3) All revenues and assets of non-stock, non-profit educational institutions used actually, directly, and exclusively for educational purposes shall be exempt from taxes and duties.”

However, that doesn’t mean that non-stock, non-profit organizations like the churches are absolutely exempted from taxes. Continue reading Should Churches Pay Taxes?

Music Is Your Talent. Ask For Payment.

I hear fellow musicians and artists say, “Okay lang walang bayad, basta maka-perform, basta may exposure” after performing in some big “benefit” concerts. Sounds cool. But not when you found out that the bouncers and even technical assistants got hefty “talent fees” and the musicians did not.

I’ve been to a lot of music festival and events, big and small. Paid and unpaid. And I saw a lot of homegrown talents from drummers to guitarists to bassists to keyboardists to wind instrumentalists to back-up singers to lead vocalists…to band managers and organizers.

Which makes me want to ask this question: Are talented musicians supposed to be asked to play for free or for a fee? Continue reading Music Is Your Talent. Ask For Payment.

Angat Pilipinas Coalition for Financial Literacy – Call for Submissions

Angat Pilipinas Coalition for Financial Literacy is seeking projects and encouraging volunteer personal finance writers who have unpublished articles and essays to submit to us.

APC

Articles embracing any aspect of personal finance are welcome, including financial literacy for tots and teens, personal finance subjects in school, insurance literacy for high school/college students, basic stock market investing, raising financially-smart children, budgeting, allowances, savings accounts, mutual funds, financing college, responsible borrowing, banking services, etc.

We are also accepting logo drafts and tagline suggestions for the coalition.

Book reviews of personal finance works are also solicited.

Notices of conferences, webinars, seminars, calls for papers, and similar advocacy announcements will be accepted.

For submission guidelines and other information, please contact Ann Angala-Shy at admin@pinoymundobiz.org or call +63 917 576 9198. Continue reading Angat Pilipinas Coalition for Financial Literacy – Call for Submissions