Tax Updates

WEEKLY TAX UPDATES [JULY 5] Kim Henares discourage fresh graduates from working for gov’t. Here’s why

WEEKLY TAX UPDATES [JUNE 28] NCR wage hike order expected in July

WEEKLY TAX UPDATES [JUNE 18] BIR extends deadline of EOPT invoicing requirements compliance

WEEKLY TAX UPDATES [JUNE 11] Palace declares holidays in 11 areas

WEEKLY TAX UPDATES [JUNE 4] SC nullifies BIR regulation over privacy rights

Relevant Laws and Other
Regulatory Updates

TSG UPDATES 2019-016 (SEC): REVISED SECURITIES REGULATION CODE (SRC) RULE 68

On August 19, 2019, the Commission En Banc approved the latest revision of the Securities Regulation Code Rule which states the financial statement requirements (form and content) among covered corporations.

TSG 2018-034 (BSP) Circular No. 1004: Reduction in Reserve Requirements

On May 24, 2018, the Bangko Sentral ng Pilipinas (BSP) released Circular 1004 which announced the 100 basis-points Reduction in Reserve Requirements

TSG 2018-032 (BSP) Circular No. 1002

On April 20, 2018, the Securities and Exchange Commission (SEC) released Memorandum Circular No.
7 Series