You are on page 1of 3

Score:

Name(s): Josh Byron D. Abastillas Section: 12-ABM 2 Date of Submission: May 6, 2020

ACTIVE LEARNING
From the given list in the module, choose three of the social responsibilities of the business to
government and write them down in the table format provided. Complete the table by listing down
Philippine laws that govern them and the sanctions once violated. This may be accomplished by a group
of three (3) members.

SOCIAL RESPONSIBILITY OF
PHILIPPINE LAW SANCTION(S)
BUSINESS TO THE GOVERNMENT
Observation of Rules and REPUBLIC ACT NO. 10557, The “Rules on the
Regulation AN ACT PROMOTING AND Implementation of
STRENGTHENING FILIPINO DESIGN,
Administrative Sanctions
PROVIDING FOR THE PURPOSE A
NATIONAL DESIGN POLICY AND under Republic Act No. 9160,
RENAMING THE PRODUCT as Amended” Administrative
DEVELOPMENT AND DESIGN sanctions range from simple
CENTER OF THE PHILIPPINES INTO reprimand to a fine not
THE DESIGN CENTER OF THE
exceeding Five Hundred
PHILIPPINES AND FOR OTHER
PURPOSES Thousand Pesos
(Php500,000.00) per
violation, or such other
measures as may be
necessary and justified to
prevent and counteract
money laundering.

 Payment of Taxes The 1987 Philippine NIRC SEC. 255. Failure to File
Constitution sets limitations Return, Supply Correct and
on the exercise of the power Accurate Information, Pay
to tax. In addition to national Tax Withhold and Remit Tax
taxes, the Constitution and Refund Excess Taxes
provides for local Withheld on Compensation. -
government taxation. Any person required under
this Code or by rules and
regulations promulgated
thereunder to pay any tax
make a return, keep any
record, or supply correct the
accurate information, who
willfully fails to pay such tax,
make such return, keep such
record, or supply correct and
accurate information, or
withhold or remit taxes
withheld, or refund excess
taxes withheld on
compensation, at the time or
times required by law or
rules and regulations shall, in
addition to other penalties
provided by law, upon
conviction thereof, be
punished by a fine of not less
than Ten Thousand Pesos (P
10,000) and suffer
imprisonment of not less
than one (1) year but not
more than ten (10) years.
Abide by labor laws The Labor Code of the Failure to follow labor laws
Philippines stands as the law can result in financial
governing employment penalties up to $10,000 and
practices and labor relations possible jail time. Depending
in the Philippines. It was on the offense, you may have
enacted on Labor day of to provide backpay plus
1974 by President Ferdinand interest to your employees or
Marcos, in the exercise of his pay for lost employee
then extant legislative benefits. You could also be
powers. hit with lawsuits from
impacted employees, which
can be an expensive scenario
of court costs, settlement
fees and jury awards. These
lawsuits can also damage
your brand's reputation,
which can have serious long-
term ramifications.

Source:

https://www.officialgazette.gov.ph/2015/10/09/irr-republic-act-no-10557/

https://www.bir.gov.ph/index.php/legal-matters/guide-to-philippines-tax-law-
research.html#:~:text=The%201987%20Philippine%20Constitution%20sets,of%20the%20power%20to
%20tax.&text=In%20addition%20to%20national%20taxes,provides%20for%20local%20government
%20taxation.&text=But%20no%20such%20taxes%2C%20fees,the%20enactment%20of%20the
%20ordinance.

https://www.bir.gov.ph/index.php/penalties.html

http://www.amlc.gov.ph/16-news-and-announcements/90-rules-on-the-imposition-of-administrative-
sanctions-under-republic-act-no-9160-as-amended

https://www.businessnewsdaily.com/6509-business-labor-laws.html

You might also like