1.

Integrity
 As an intern the principle of integrity is evident by providing the daily summary of work. For
example, I as a Aneco scholar we have to reassign our work due to the requirements
compliance of OJT with that I am currently assigned on the Finance department and my task
is filing and sorting of BIR forms. Throughout the whole week my task is just the same, and
sometimes I envy to other intern because they have dissimilar task each day. Therefore,
applying the principle of integrity is by being truthful in writing daily summary even though
the task is repetitive at least I’m being honest regarding to my work and as to providing OJT
requirements.

 The principle of integrity could also be demonstrate by portraying highest form of work ethic
it could be done by minding actions and show good moral, since I work as an intern not a
scholar my priority is to ensure that the task given to me is done well and completed on or before
due date. Also, striving to be productive during working hours and meet each task or assignment with
enthusiasm and motivation.

2. Objectivity

 Conforming to the principle of objectivity, as an intern practicing self-evaluation is important

given that we students have other things to do aside from OJT. Possible situation just like
getting tired with our daily routine as an intern, maintaining self-evaluation is like providing
myself clear decisions when doing daily tasks also it is like preparing for my future job. With
that, as an intern I can give better performance to the company and act with professionalism.

 With regards to the daily task showing proper organization of work makes the task easier and
faster to do. Relating to my assigned job, which is filing, and sorting of BIR forms objectivity
can be applied in a manner of not concerning the interest of others when doing your work, act
base on professional guidance to avoid multiple mistakes.

3. Professional competence and due care

Professional competence and due care can be demonstrated by acting with diligence to the
my assigned work regarding on how to input data or when can I accomplish those work
because it is not just a task, this also attest my learnings as well.

 Another way is to maintain professional manner when it comes to reviewing and inputting of
documents or data in order to ensure completeness of work and the quality of performance in
handling this type of work.

4. Confidentiality

 Respecting the company’s data or simply not disclosing any information especially that I work
under the finance department and dealing with BIR forms specifically, tax withheld forms.
 After accomplishing the work marking confidential information is necessary by ensuring that
documents are checked before disposal this could relate in my work because there are some
excess of BIR forms instead of doing disposal, those excess are put in another folder and secure
to different drawer to secure every data of the each power supply information’s.
 5. Personal behavior
Professional behavior can be demonstrated by being punctual and dress formally at work it may seem not
that necessary but portraying those behavior conform in following the work ethics of the company.
Another way is to be reliable in a sense I can complete the assigned tasks in an efficient and effective
manner.

Oral Presentation: September 3, 2021 (8:15 – 9:30 P.M) Our study entitled “The Reward system and
Employee Performance of Agusan del Norte Electric Cooperative (ANECO) in Cabadbaran City”
aims to determine the significant relationship of reward system and employee performance of the
said organization. Reward system is a core function of human resource discipline and is a strategic
partner with management. Types of reward system namely intrinsic rewards (non-monetary) and
extrinsic rewards (monetary) are the independent variables and the employee performance identified
as the quality and quantity of work are the dependent variables of the study. The significance of this
study most especially to ANECO Inc. Management will help the organization to assess and improve
its current reward system to enriched employee performances.
Governments require long-term sources of funding for social programs and public
investments in order to promote economic growth and development. Programs providing
health, education, infrastructure and other services are important to achieve the common goal
of a prosperous, functional and orderly society. That is why government impose charges on
their citizens and businesses as a means of raising revenue through the collection of taxes.

In France, economic activities are primarily affected by the imposition of corporate tax
having a high tax rate of 33.3 %. This is imposed on both small and medium business in
which the tax payment can amount to over 60% of its pre-tax net profit. Particularly France
corporate taxation comprises small taxes paid by a business this includes employer-borne
social security contributions paid on payroll, real estate taxes and many minor taxes. Indeed,
corporate taxation leads the country to slower activity.

Whereas business investments are affected in terms of economic growth, provided a high
corporate taxation, the corporate and shareholder taxes reduce the capital funds available to
make investments and build a greater and more productive structure. Which cause decrease
growth in the volume of productivity as to equipment and facilities that affect taxes on
producers that subsequently decrease investments affecting the country’s capital
accumulation. In addition, corporate taxation influences foreign direct investments (FDI) as
to France having a high tax rate on corporate tax it creates a gap as to pre and post-tax returns
such limiting savings on both firms and shareholders who usually face double taxation. As
mentioned in the article double taxation in France can easily reach 60% of the gross realized
gains from investors. In other words, this makes investments more expensive and leads
businesses or corporations to choose debt finance over equity finance. That is why when
France administration impose corporate taxation businesses began to decelerate economic
performance which lead the country to lose track in global attractiveness.

Base in the article it is somehow relates to the Philippine setting, provided that the
Philippines has been known to be one of the countries that have the highest taxes in the
Southeast Asian Region. When the government has been aggressively reforming the taxation
system in the country especially after the successful passage of the Tax Reform for
Acceleration and Inclusion (TRAIN) both positive and negative changes are being addressed.

Clearly, the current taxation system is way more organize as it imparts multiple progress such
as rationalize tax bracket system, simplified tax reform system and improve tax collection
efficiency. Thus, in my perception TRAIN law has more positive effects as to business
investment activities. Regarding about the corporate income tax in which it lessened tax rate
from 30% to 25% in order to have more corporations to do business in the country. Also
starting in the year 2019, it will be reduced by 1% annually for domestic corporations,
resident foreign corporations and non-resident foreign corporations. As to
Intercorporate dividends constituting the final withholding tax of 15% is retained and
the required allowing credit against the tax due from the taxes deemed and was
reduced from 20% to 15%. Having those advantages, it set harmonious form of
taxation with regards in conducting business investment activities in the country.

https://www.doingbusiness.org/en/data/exploretopics/paying-taxes/why-matters
https://richardkleincpa.com/importance-of-taxes/