MikeLigalig.com

Keyrand, Inc., a Philippine corporation, sold through the local stock exchange
10,000 PLDT shares that it  bought 2 years ago.  Keyrand  sold the shares for P2
million and realized a net gain of P200,000.00.  How shall it pay tax on the
transaction?

A. It shall declare a P2 million gross income in its income tax  return, deducting its
cost of acquisition as an expense.
B. It shall report the P200,000.00 in its corpor ate income tax re turn adjusted by the holding period.
C. It shall pay 5% tax on  the first P100,000.00 of  the P200,000.00 and 10% tax on the remaining P100,000.00.
D. It shall pay a tax of one-half of 1% of the P2 million gross sales.

answer is letter D

There is no taxable income until such income is recognized.  Taxable income
is recognized when the

A. taxpayer fails to include the income in his income tax return.
B. income has been actually rece ived in money or its equivalent.
C. income has been received, either actually  or constructively.
D. transaction that is the source of the income is consummated.

answer is letter C

Anne Lapada, a student activist, wants to impugn the validity of a tax on text
messages.  Aside from claiming that the law adversely affects her since she
sends messages by text, what may she all ege that would strengthen her claim to the right to file  a taxpayer’s suit?

A. That she is entitled to  the return of the taxes coll ected from her in case the
court nullifies the tax measure.
B. That tax money is being extracted and spent in violation of the constitutionally 
guaranteed right to freed om of communication.
C. That she is filing the case in behalf of a subst antial number of taxpayers.
D. That text messages are  an important part of the  lives of the people she
represents.

answer is letter B

1. A municipality may levy an annual ad valorem tax on  real property such as
land, building, machinery, an d other improvement only if

A. the real property  is within the Metropolitan Manila Area.
B. the real property is located in the municipality.
C. the DILG authorizes it to do so.
D. the power is delegated to it by the province.

Answer is letter A

Idle Fishing Net

Narrow Path

Philippine Coconut

Hong Kong or Not?

Ready to Fly

Ideal Rest House

Morning Sunshine

Taking Care of Buffalo

Wonder Wheel

Irish Traditional Music Shop

Brown Beauty

Symbol of an Empire

For the Love of America

Rural America

Mountain Slopes

Glimpse of the Universe

Perfect Poster

Close-up Egypt's Pyramid

Mediterranean City

Wide Wide World

Secret Beach

Vegetable Garden

by ABS-CBNnews.com

A man died and four others were injured in an explosion in front of a hotel in Cagayan de Oro early morning Thursday.

Authorities said the explosion of an alleged improvised explosive device (IED) occurred in front of Maxandrea Hotel along J.R. Borja Street at around 2 a.m., killing bystander Rudy Jute.

PO1 Rogelio Galilando, PO1 Dexter Gaño, hotel security guard Arnel Caninzia and an unidentified civilian were rushed to Northern Mindanao Medical Center after sustaining blast injuries.

Police said three men were reportedly seen leaving the bag containing the alleged IED.

Hotel staff immediately alerted the authorities about the suspicious-looking item. The responding policemen, however, failed to safely detonate the IED, believed to have been triggered by a mobile phone.

http://www.youtube.com/watch?v=hstNmVhGI4A#ws
Gangnam Style

source: PDI

Game Thursday (Araneta Coliseum)
3:30 pm â€" Ateneo vs UST

AN already heated rivalry is expected to get even more tempestuous as the Ateneo Blue Eagles and the University of Sto. Tomas Growling Tigers go at each other’s throats once again in Game Two of the best-of-three Finals series in the 75th UAAP men’s basketball tournament today at the Smart-Araneta Coliseum.

The Blue Eagles will be going all out to annex their fifth straight title while the Tigers will be aiming to send this series to a deciding Game Three set for Saturday. Ateneo though, want no such thing as they gun for a repeat of their, 83-78 win in Game One.

Senior forward, Nico Salva came up the biggest in that match as he scored a career-high 30 points, reminiscent of his stellar showing in last year’s finals wherein he bagged the Finals MVP award. But it was “The Phenom” Kiefer Ravena that sealed the win for the Eagles as his jumper with eight seconds remaining pushed their lead to five.

unsa may buot ipaibot sa maong  numero, balong?

asa naman tong kanta para sa mga Bol-anon?

Flowers in Unlikely Places

Black Tiger

mao niy resulta sa mga gipangsweldohan ug P200 Million a Year as Pork Barrel sa mga Senador. Bisan paggama ug balaod, mangopya diay. Pagka-useless aning Philippine Senate.

Her Favorite Pet

Sa nakasabot lang.

Modern Architecture

Like Anda, Bohol

Sunset Falls on Leafless Trees

Where Have All the Grasses Gone?

Orange Flower

Fish World

Swan Couple

Rock in the Middle of the Sea

Brown Beach

Forest Flower

Stone Figure

Blue Water

Fury of Twister

Night Falls on the Mountain

The Power and White House

Dead Mountain

Barley?

Underground River

Valley and Hills

Dream Island

Cheddar Pinwheels
Categories: Breads, Cheese, Quickbreads
Servings: 6
2 c Unbleached Flour; Sifted 1/2 ts Salt
1 tb Baking Powder 1/4 c Butter
2/3 c Milk 1 c Cheddar; Extra Sharp, Grated

Sift the flour, salt, and baking powder together in a mixing bowl and then
cut into the butter. Add the milk and stir together quickly but
thoroughly. Turn out on a floured board and knead for 30 seconds then roll
out to a 1/8-inch thickness. Spread with the grated cheese and roll up
tightly like cinnamon rolls. Cut into 3/4-inch slices and transfer to
baking sheets and bake in a moderate oven (375 degrees F.) for 20 minutes
or until delicately browned.

Rolling Clouds On Mountain Top

Paradise for Water Lovers

Solitary Christian Chapel

Rio, Brazil

Mysterious Place

Shomai

Also known as gyoza.
24 wonton skins
300 g lean ground beef
2 tbsp fresh grated ginger root
2 tbsp finely chopped green onion
1 tbsp soy sauce
½ tsp sugar
1½ tbsp sesame oil
2½ tbsp corn starch
2 tbsp green peas

Mix ginger root, onion, soy sauce, sugar, sesame oil and corn starch and add the mix to
the lean ground beef. Stir and mix well until the mixture becomes sticky. Divide into 22-24 fillings and place on the center of the wonton skins. Forn the wonton skins into
"bowls" with flat bottoms. Place a geen pea on the center of the filling. Steam 12-14
minutes over high heat.
The skins may also be seald in shaped into "half moons". Deep-fry in oil (180°C) until
golden.

Body of Water Enclosed by Mountains

Classic Village

Stairway to a Secret Village

Low Tide

Imperial House

Over the Sunset Sky

Mountain River

Adventure of a Lifetime

A Road Less Traveled 2

Buddhist Temple

Thailand Temple

Blazing Eyes

Traditional American House

Sea Elephant

World of Birds

Dancing Bear

Boulder or Stone

The Three Cats in the House of Islander

Lonely Horse

Let Me Splash

A Place for Meditation

Long Gaze

Vocation

When I Look Into Your Eyes

The River Still Runs

Donkey By the Water

Salute to Rivermaya

Beach Food for Filipinos

Dream House

By Moses Joshua Atega

Judge Virgilio Noja Atega is the name of my father. He was born on October 9, 1916. His birthstone is the peridot. This humble gem of the pharaohs echoed much of my father’s life choices. A peridot is known to give the wearer power to dispel the terrors of the night. This loveliest of all green gems is not as light-dependent as rubies and diamonds. It tends to look regal under all light conditions. Many more on the peridot’s subtle power somehow shaped the glory which perfectly captured a cut very much like the life of my late father.

My father Virgilio was the youngest son of the unexpected union of then Don Andres Azura Atega, the military general son of a powerful Spanish priest Rev. Father Pedro Garcia de la Virgen de los Martires born on September 1, 1840 in Zaragoza and Juana Beray Noja, among the pioneering teachers in American public school system in the town of Cabadbaran. Unexpected because Don Andres, known as the most powerful man in this side of the island of Mindanao, was married to Roberta Curato and had a son Mariano born in June 1900.

Don Andres got to be concerned with Juana, daughter of Roberta’s first cousin Teofilo Curato Noja, when the young teacher became the girlfriend of the American principal of the public school. Don Andres, who was already a widower as Roberta died so young, just did not want a lovely Filipina like that would be taken away by a foreigner. One day, his protective nature had grown into an attraction and out of obsession; he took advantage of her innocence. Afterwards, Don Andres offered to marry her. However, refusing to tie the knot with the man who destroyed her life, Juana ran away. Don Andres looked for her all over and found her hiding in the house of her father’s cousin in Talacogon, a riverside town in Agusan del Sur. Juana was pregnant with his child when he got her back. He brought her home but she refused to join the other women in the dakong balay â€" this was how townfolks would call my grandfather’s house up until today. The women of my grandfather included Roberta’s sister, Veronica. Veronica had three daughters and a son with Don Andres: the first one was also named Roberta who was born on September 22, 1905; the second daughter born on November 30, 1909 was Canuta who was named after Don Andres’ mother. Veronica’s third daughter was Prosperidad born on November 16, 1913. Veronica gave Don Andres only one son named Pedro born on May 1, 1908.

With Juana’s refusal to join in the growing dakong balay family, Don Andres decided to build a house for Juana in front of the town plaza and right beside the Aglipay church. Juana gained the respect of the townfolks as she became known as the most loved sweetheart of Don Andres and she had one point of understanding their business partnership with Don Andres.

I was told by late Uncle Mimi Barrientos, the chief police officer of our town, that he grew up admiring the lovely Juana as she had the most beautiful pair of deep-set brown eyes. He also told me that among the women of Don Andres, Seῆora Juana, as she was known, was the only one who would bring bundles of money to the dakong balay. The regular remittance from the shared business marked Juana’s sense of independence, one reason why Don Andres’ admiration for this woman had grown deep and he never stopped offering her marriage. On the other hand, the constantly jealous Veronica was kept busy taking care of her own children, her sister’s son Mariano and the daughters of the Ibay sisters, Luisa, Romana and Estanislawa who were already in the house since 1892. Don Andres’ union with Roberta was only in 1900 and she gave birth to Mariano on the same year. Her sister gave birth to her first child Roberta in 1905. The Ibay sisters had one daughter each. Luisa’s was named Maria born in 1892. A week after Maria was born, Romana gave birth to Ana. Consolacion, daughter of Estanislawa, was born much later on December 19, 1900. Their mothers were the first three women of Don Andres within the dakong balay. Don Andres’ was known to be a womanizer and his eldest son was Antonio born on June 12, 1894, his mother was Hilaria Magarte-Fernandez who was the wife of Don Andres’ business partner. Juana gave Don Andres two sons and a daughter: Archimedes born on April 14, 1914 was the eldest who really looked like his father, Esther who was as lovely as Juana was born on May 19, 1908 and the youngest Virgilio. Veronica also gave birth to her youngest daughter Basilisa a month after Virgilio was born. A neighbor Perpetua Maestrado gave birth to another son of Don Andres named Plenio on October 21, 1920. My father really came from a family which indeed was like a mother stone of the peridot, so green and with many unpredictable branching â€" some were from stories intentionally silenced by the complexities of the pedigree.

Virgilio was very much like his mother in entrepreneurial spirit. As a little boy, he was already earning money from being a newsboy, shoeshine boy and his farm eggs harvest. Virgilio was also born a leader, he led friends to memorable adventures on horseback rides to mountain slopes, went bamboo rafting on rivers, and in fishing, they went as far as Camiguin Island.

After finishing a business degree, socio-civic responsibilities pre-occupied the young professional. When the Japanese occupation came, the challenge of the power of the peridot was muted by a huge responsibility that came to my father’s young career. He was appointed town mayor during the war. It was during this time that he met my mother who was teaching children in a coffee farm. There were three sisters: the beautiful Cecilia, the shy Crisanta and the youngest Maximina, who according to my father, had loveliest pair of legs. My father expressed his love for mother through sending three horses as gifts to her family’s coffee farm. My father’s competition in winning the heart of the lovely Maximina, the pretty and smart teacher, was the Japanese military commander who had been seriously wooing her for quite some time even having built a Sunday school for my mother. Nonetheless, the Virgilio and Maximina were inseparable as they were one in their secret mission: to help the Filipino World War II guerillas. They used their influenced to provide food and medical supplies. However, because nothing is kept secret forever, my father’s secret support was uncovered by the Japanese intelligence and his loyalty was questioned. To avoid further investigation and to save the town from total Japanese control, my father pledged his loyalty to the Japanese. To erase all doubts and to show deep sincerity, he shot the center point of the palm of his right hand in front of the Japanese officers. Truly a peridot in heroism â€" subdued and in silence. The bloody promise somehow convinced the Japanese authority and gave my father all the support he needed as mayor. When the Americans came and the country was set free, my father also got the appointment from the American regime to serve both as mayor and as military officer. After serving the full term, he decided to go back to school. He was enrolled at the College of Law in Silliman University. Moreover, he was the captain of the debating team and became the president of the student government, the first after World War II. He graduated in 1949 and was reunited with Maximina in Manila while reviewing for the bar exams. The two were married on June 11 of the same year. Unlike my grandfather, Virgilio’s peridot brilliance was mounted with loyalty that endured all challenges around his chosen pearl.

Root Cause of Philippines Major Problem

We will continue our protest until this law is ultimately abolished. Thank God for enlightening the Supreme Court.

Zucchini Lasagna
1 lb. lasagna noodles, cooked
1 16 oz. can (1 lb.) stewed tomatoes
3 or 4 lg. zucchini
grated parmesan cheese
1/2 lb. mozzarella cheese, shredded
3/4 Cup chopped onion
4 to 6 cloves garlic, chopped or minced
1 sm. can tomato paste
1/2 cup sliced mushrooms
1 lb. lean ground beef
1/2 tsp. oregano
1/4 tsp. thyme
1/4 cup fresh basil, chopped
ground pepper
optional: 1/4 cup red wine

1. Cook lasagna noodles according to package directions or until tender but
still firm. Drain, keep warm.
2. Meanwhile, to make lasagna sauce, saute ground beef, garlic and onion is
a large heavy skillet or cast iron frying pan until beef is done. Add sauce,
mushrooms, oregano, thyme, basil, wine or 1/4 cup water, touch of pepper and
mix well. Simmer 45 to 50 minutes.
3. To prepare Zucchini for this recipe, cut in half or cook whole in a large
covered pot with 1 to 2 inches of water. Boil gently for about 5 minutes,
drain and cut lengthwise into 1/4 inch slices.
4. Grease a 9" x 13" or larger, baking pan. Arrange a first layer of noodles
so the ends hang over both sides of the pan. These will be folded backâˆ'over
the top on the final layer. Next, add a layer of the cooked zucchini, a
layer of lasagna sauce, a layer of mozzarella cheese. Repeat. For the top
layer, fold the ends of the pasta from the first layer over the top and add
more sauce. Top with parmesan cheese and cover with foil. Bake at 350
degrees for about 35 to 40 minutes, uncover and bake until brown,
approximately 10 minutes. Serve this Lasagna recipe with french bread and
have additional Parmesan cheese at the table.

Zucchini Ripiene Al Prosciutto
6 medium zucchini
3 eggs
5 to 6 tablespoons dry breadcrumbs
3 tablespoons freshly grated Parmesan
1 tablespoon butter, melted
6 ounces Prosciutto, cut into strips
Salt and pepper
2 tablespoons olive oil
Steam the whole zucchini for approximately 8 minutes, or until tender. Let
cool. Remove ends and cut zucchini in half. Using a melon baller, scoop out
center of the 12 zucchini boats. Reserve zucchini for another purpose.
Preheat oven to 350 degrees F.
In a small bowl, beat the eggs. Stir in the breadcrumbs, cheese, butter, and
ham. Mix well. Transfer mixture to a small skillet and cook until no liquid
remains. Season with salt and pepper.
Fill zucchini boats with mixture. Pour the olive oil, plus 2 tablespoons
water into a large baking dish. Bake for 20 minutes.

Zuppa d'Aglio
3 heads Garlic; fresh
1/4 Cup Olive oil
1 Medium Onion; cut up
2 Celery ribs; cut up
1 Cup White wine; dry
1/4 Cup Allâˆ'purpose flour
1 Gallon Chicken stock
1 Medium Potato; peeled and cut up
1 Cup Whipping cream
10 Basil leaves; fresh, chopped
5 Sprigs thyme leaves; fresh
2 Teaspoon Salt
1 Teaspoon White pepper
1/2 Teaspoon Tabasco
1 Teaspoon Extra virgin olive oil
2 Garlic cloves; sliced very thin

1. Cut the garlic heads in half across and remove the papery outer skin. Put
these cut side down on a very hot surface âˆ' a griddle or black iron skillet
âˆ' until they're black. Peel all the garlic completely.
2. Heat the olive oil in a large saucepan and saute the onions, celery, and
the garlic until lightly browned at the edges. Add the wine and bring to a boil.
3. Sprinkle in the flour and stir the pot thoroughly, but don't let it brown.
Add the chicken stock, 1/2 gallon water, and the potato. Whisk about the pot
well and bring to a boil. Reduce to a rapid simmer and cook for about an
hour and 15 minutes.
4. Strain out the solids from the soup, and puree them in a blender or food
processor, along with enough broth to ease things along. Return the puree
to the soup and restore the boil. Add the whipping cream, basil, thyme, salt,
pepper and Tabasco.

5. Heat the extra virgin olive oil in a skillet very hot. In it toast the
slivers of garlic until brown around the outside.
6 Ladle the soup into bowls and garnish with roasted garlic slivers.
Float a toasted, garlicâˆ'buttered slice of French bread on top.

Cozze A Raganati
4 lbs. of musselsâˆ'scrubbed, and cleaned
1âˆ'1/2 cups of bread crumbs
1 tsp. of oregano
1 tsp. of black pepper
1/2 cup of parsleyâˆ'chopped
1/3 cup of olive oil
1 cup of crushed tomatoes
1/2 cup of white wine

Steam open mussels (retain broth), when done discard top shell. Place mussels
in a single layer in a baking dish, scatter bread crumbs, oregano, and
parsley over mussels: drizzle with oil, and bake at 450 degrees for 5
minutes. Mix tomatoes, wine, and mussel broth. Ladle over mussels, and bake
an additional 10 minutes

Coniglio Alla Cassia
3 Pound Rabbit with liver
3 Tablespoon Olive oil
2 Tablespoon Butter; melted
2 Ounce Salt pork; diced
1/3 Pound Onions; peeled and diced
2 Garlic cloves; mashed
2 Bay leaves; crumbled
1/4 Teaspoon Black pepper
6 Tablespoon Dry red wine
1 Large Ripe tomato or
1/2 Cup Canned peeled plum tomatoes; chopped
3/4 Cup hot water
Salt (optional)

Cut the rabbit into 6 pieces. Wash and dry the rabbit well. Chop the liver
into very small pieces. Combine olive oil, butter and salt pork in a
saucepan; heat. Add onions and cook, to medium brown. Add rabit pieces and
brown for 10 minutes. Add garlic, bay leaves, black pepper, and chopped
liver. Stir and cook for 10 minutes. Add wine, stir, cover and cook for 5
minutes. Uncover. Add the tomato and the hot water, stir, and cook slowly
for about 1 hour. Test for doneness, do not overcook. Carefully taste for
salt (optional) and if needed add just a little at this point. When rabbit
is cooked, cover and keep warm until serving time. This dish goes well with
any pasta. Spoon the sauce over both rabbit and pasta.