Weekly Tax Updates[February 01, 2021]

BICAM APPROVES CREATE BILL WHICH LOWERS CORPORATE INCOME TAX + GOVT TO TRANSFER SOME FUNCTIONS TO LGUS + DEBENHAMS SHUTS ALL STORES AROUND 12,000 JOBS LOST Other Relevant Tax Updates:Court of Tax Appeals (CTA) Cases DigestBureau of Internal Revenue (BIR) Extends...

Weekly Tax Updates[January 22, 2021]

SSS CAN’T ABSORB RATE HIKE DEFERMENT + PHILIPPINE CHAMBER CALLS ON CONGRESS TO FAST-TRACK CORPORATE TAX REFORM BILL Other Relevant Tax Updates:Bureau of Internal Revenue (BIR) Rulings DigestCourt of Tax Appeals (CTA) Cases DigestTax and Business-Related News...

Weekly Tax Updates[January 15, 2021]

SEC ADVISORY ON NOTICE TO RETAIN SPECIFIC CORPORATE TERM + 30 BUSINESS GROUPS TO PETITION FOR CREATE BILL PASSAGE + PH FIRST CROWDFUNDING PLATFORM GETS SEC APPROVAL TO SUPPORT MSMES  Other Relevant Tax Updates:Securities and Exchange Commission (SEC) Advisory on...

Weekly Tax Updates[January 07, 2021]

DOF HALTS FRANCHISE TAX ON POGO TO COMPLY WITH SUPREME COURT RULING + SOTTO FILES FRESH BILL RENEWING ABS-CBN FRANCHISE + NON-LIFE INSURERS SEEK TAX REMEDIES AMID VIRUS BURDEN   Other Relevant Tax Updates:Court of Tax Appeals (CTA) Cases DigestBureau of Internal...

Weekly Tax Updates[December 28, 2020]

BIR AMENDS GUIDELINES ON RELATED-PARTY DISCLOSURE FORM & TRANSFER PRICING + SEC EXTENDS DEADLINE TO SUBMIT CONTACT DETAILS + PROPERTY FIRMS GIVEN MORE TIME TO COMPLY WITH ACCOUNTING RULES   Other Relevant Tax Updates:Bureau of Internal Revenue (BIR) Amends...