Weekly Tax Updates[October 2, 2020]

BIR STARTS CRACKDOWN ON UNREGISTERED ONLINE BUSINESSES + PEZA ABS-CBN LINGKOD KAPAMILYA TO PROMOTE SUSTAINABLE ECOZONES IN BAGUIO + BIR ISSUES IRR ON LONGER PERIOD TO CLAIM NOLCO UNDER BAYANIHAN 2 Other Relevant Tax Updates:Bureau of Internal Revenue (BIR) Ruling...

Weekly Tax Updates[September 25, 2020]

BANGKO SENTRAL CAPS CREDIT CARD INTEREST RATES AT 2% PER MONTH + POGO EXODUS SEEN TO EMPTY MORE THAN A 10TH OF METRO MANILA OFFICES CONDO UNITS + SEC ISSUES GUIDELINES ON RIGHT TO INSPECT CORPORATE BOOKS Other Relevant Tax Updates:Securities and Exchange Commission...

Weekly Tax Updates[September 18, 2020]

BPS TELLS BANKS REGULATED FIRMS: COMPLY WITH 60-DAY GRACE PERIOD ON LOANS UNDER BAYANIHAN 2 + SC DECLARES PROVISIONS ALLOWING MORE TAKEOVER OF PECO ASSETS VALID Other Relevant Tax Updates:Securities and Exchange Commission (SEC) Memorandum Circular (MC) Digest on...

Weekly Tax Updates[September 13, 2020]

BIR CUSTOMS COLLECTIONS EXCEED JANUARY-AUGUST TARGET: FINANCE DEPARTMENT + DOLE OUT OF FUNDS TO HELP FORMAL WORKERS WEATHER PANDEMIC + DOF BIR IMPLEMENT VOLUNTARY ASSESSMENT TO SETTLE 2018 TAX DEFICIENCIES Other Relevant Tax Updates:Supreme Court (SC) Cases...

Weekly Tax Updates[September 4, 2020]

GATCHALIAN WANTS ONLINE SHOPPING APPS PENALIZED FOR SALE OF FAKE ITEMS + BILL TO HELP BANKS HANDLE BAD LOANS PUSHED + HOUSE PANELS APPROVE CREATION OF ECOZONE WITHIN BULACAN INTERNATIONAL AIRPORT Other Relevant Tax Updates:Bureau of Internal Revenue (BIR) Rulings...