Capping off the first month of 2025, the Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) No. 004-2025 (RR No. 4-25), amending the rules on certain de minimis benefits ... or P250 per ...
Under the Peace Clause, WTO members refrain from challenging any breach in the prescribed subsidy ... the de minimis limit specified under...the Agreement on Agriculture (AoA) for rice, a ...