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13 April 2015

Tax Alert No. 23 (13 April 2015)

Deferment of Implementation on eFiling of "No Payment" Income Tax Returns (ITRs) and Other Concerns

8 April 2015

Tax Alert No. 20 (8 April 2015)

Guidelines in using the Electronic Platform of BIR for 2014 ITRs

8 April 2015

Tax Alert No. 22 (8 April 2015)

Alternative Modes of Obtaining Offline eBIRForms Package and Other Concerns

8 April 2015

Tax Alert No. 21 (8 April 2015)

Deferment of Implementation on eFiling of Identified Withholding Tax Forms

7 April 2015

Tax Alert No. 19 (7 April 2015)

Foreign Direct Investments Registration Deadline

5 April 2015

A closer look at IFRIC 21 - Levies (CAL March 2015)

One of the new interpretations that came into effect for 2014 is IFRIC 21 ‘Levies’. It was published by the IFRS Interpretations Committee (IC) in May 2013 to address diversity in practice in the recognition of the liability to pay a levy.

1 April 2015

Minimum Wage: P15 in my pocket (Taxwise, 9 April 2015)

Last week, I informed my industrial relations class about the newly-issued minimum wage increase of P15.00 a day in the NCR. So I asked: “What can you buy with P15.00 today? Definitely not Cornetto ice-cream because the ad says P20.00?”

31 March 2015

Tax Alert No. 15 (31 March 2015)

Submission of List of CAR/eCAR to Register of Deeds

31 March 2015

Tax Alert No. 16 (31 March 2015)

Clarifying RR No. 6-2014 on Tax Practitioners/Agents mandated to use eBIRFORMS

31 March 2015

Tax Alert No. 17 (31 March 2015)

Clarifying the filing of No Payment Returns in relation to RR Nos. 6-2014 and 5-2015

26 March 2015

Jade talks on Brand Valuation at Philippine Franchising Association seminar (News, March 2015)

The Philippine Franchise Association (PFA) and PLDT SME Nation organized a seminar entitled "Grow your Business with the Right Brand" last 26 March at the Crowne Plaza Galleria Manila.

25 March 2015

Countdown to April 15 (Taxwise, 26 March 2015)

Exactly 11 working days from today is April 15, the last day for filing of income tax returns (ITR) for individuals and corporations operating on a calendar year basis.

25 March 2015

Tax Alert No. 13 (25 March 2015)

Filing of ITRs of employees of Large Taxpayers

25 March 2015

Tax Alert No. 14 (25 March 2015)

Revised consolidated schedule of compromise penalties for violations of the Tax Code

24 March 2015

Tax Alert No. 12 (24 March 2015)

Wage increase in the National Capital Region

24 March 2015

PwC supports the International ICT Awards Philippines 2015 (News, March 2015)

Top information technology-business process management (IT-BPM) companies were honored during the ICT Awards 2015 Gala Night yesterday at the Manila Ballroom of the Marriott Hotel Manila, Newport City in Pasay.

23 March 2015

Firm supports the 2015 PGS Roadmap of the Accountancy Profession (News, March 2015)

The working committee of the 2015 Performance Governance System (PGS) Roadmap of the Accountancy Profession led by its Chair Normita Villaruz, called on Isla Lipana & Co./ PwC Philippines Chairman and Senior Partner Alex Cabrera to present and discuss the PGS roadmap and to seek his support and cooperation in this endeavor.

19 March 2015

Tax Alert No. 11 (19 March 2015)

Penalties for Failure to File Returns Under the Electronic Systems of the BIR by Taxpayers Mandatorily Covered by eFPS or eBIRForms

18 March 2015

Who determines sufficiency? (Taxwise, 19 March 2015)

IT’S NO SECRET that the Bureau of Internal Revenue (BIR) was strongly opposed to our legislators’ bill to increase the tax exemption ceiling on employee bonuses to P82,000 from the previous P30,000. With the law now in place and the BIR having issued the implementing regulations just this week, most people expect the BIR to find ways to make up for the lost revenue, even as it lowered its income projection for 2015.

18 March 2015

Carlos Carado a guest speaker at the PICPA-MMR Tax Forum (News, March 2015)

The Philippine Institute of Certified Public Accountants - Metro Manila Region (PICPA-MMR) held its Tax Forum and General Membership Meeting on 18 March at the Bahia Room, InterContinental Hotel Manila in Makati City.

17 March 2015

Tax Alert No. 10 (16 March 2015)

Implementing the Increase of the Total Amount of Exclusion to P82,000.00 for 13th Month Pay and Other Benefits from Gross Income

16 March 2015

"Don't RISK It!" Advisory launches Risk Management Awareness campaign (News, March 2015)

The Advisory-Risk Management Team distributed to all Consulting staff red crunchy apples with stickers and the message, "Dont RISK It!".

12 March 2015

Tax Alert No. 9 (12 March 2015)

Amending provisions on Submission of copies of BIR Form Nos. 2307 and 2316

11 March 2015

The persistence of manual bookkeeping (Taxwise, 12 March 2015)

EVEN WITH the latest technology at our fingertips, many businesses, particularly small- and medium-sized enterprises (SMEs), may still maintain manual books of account.

10 March 2015

Shift of global economic power to emerging economies set to continue (CAL February 2015)

The global economic power shift away from established advanced economies in North America, Western Europe and Japan will continue over the next 35 years – despite a projected slowdown in Chinese growth after around 2020.