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Tax Notes Clarifications on the Provisions of RR No. 6-2022 Regarding Removal of 5–Year Validity Period of Receipts/Invoices 06 Sep 2022
Invoices, with an expiration date of on or before July 15, 2022, shall be surrendered for destruction together with an inventory listing to the RDO where the
Let's Talk Tax Zooming in on per diem, prohibited inurements 06 Sep 2022
Non-profit organizations play a vital role in building healthy communities by providing critical services that contribute to economic stability and mobility.
From Where We Sit Beyond the return to face-to-face classes 31 Aug 2022
One of the sectors that took a beating at the height of the COVID-19 pandemic was education. The UNICEF, which continues to advocate for the resumption of
Let's Talk Tax How FAR are you in transfer pricing documentation? 30 Aug 2022
Transfer Pricing (TP) compliance is still a relatively new idea for most of the taxpayers in the Philippines even though the Bureau of Internal Revenue (BIR)
Tax Notes Additional guidelines, procedures on payment of penalties due to violations of WFH rules incurred by RBEs 28 Aug 2022
Through the issuance of Revenue Memorandum Circular (RMC) No. 120-2022, the Bureau of Internal Revenue (BIR) has reiterated that the non-compliance of the
Line Of Sight Monetary, fiscal policies tightened to aid inflation 24 Aug 2022
Fare hikes, high food prices, and elevated charges for electricity, gas, and other fuels are some of the immediate effects of inflation to consumers resulting
Tax Notes Clarification on the Issuance of CETI under the CREATE Act 24 Aug 2022
The Philippine Economic Zone Authority (PEZA) shall no longer issue Certificates of Incentives and 5% GIT and instead issue the Certificate of Entitlement to
Let's Talk Tax Back to school: A refresher on the taxation of educational institutions 23 Aug 2022
At the onset of the pandemic, a plunge was seen in the number of enrollees especially in academic year 2020-2021, mainly due to pandemic-driven economic and
From Where We Sit IT, digital transformation investments are critical 17 Aug 2022
Companies operating in today’s evolving business landscape are no strangers to change and disruptions. They have become too aware, based on experience, about
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