New contents

11 July 2014

TwP Update: Assurance C hands out school supplies in Baler, Aurora (Corporate responsibility news, July 2014)

On 11 June 2014, Assurance C donated school supplies to Grade 1 students of Baler Central Elementary School in Baler, Aurora. Some 250 students received a school bag each containing pencils, eraser, sharpener, pad paper, notebooks, and a raincoat as part of the team's Tourism with a Purpose (TwP) activity.

8 July 2014

BIR imposes DST on finance leases (Taxwise, 9 July 2014)

IN THE recently issued Revenue Memorandum Circular (RMC) No. 46-2014, the Bureau of Internal Revenue (BIR) clarified that a financial lease is essentially a mode of extending credit, and is therefore subject to documentary stamp tax (DST) as a loan and not as a lease.

4 July 2014

Tax Alert No. 25 (4 July 2014)

Extending the Deadline for Submission of Sales Reports via eAccReg and eSales Systems pursuant to RMC No. 45-2014

27 June 2014

Tax Alert No. 24 (27 June 2014)

Supplemental Guidelines, Policies and Procedures in the Accreditation of Importers and Customs Brokers as Embodied in RMO No. 10-2014

24 June 2014

Survey reveals top banking risks (Taxwise, 25 June 2014)

CONCERNS over the quality of risk management and interest rates topped the list of 28 possible risks to banks in the Philippines, according to the biennial Banking Banana Skins survey conducted by the Centre for the Study of Financial Innovations (CSFI) in association with our firm, PwC.

24 June 2014

Senior Audit Associate - June 2014

Senior Audit Associate - June 2014

23 June 2014

Insurance 2020: Forcing the pace

Revitalising the life insurance sector starts with creating new opportunities with underserved markets, particularly young people and lower income consumers, according to PwC’s latest insurance report – Forcing the pace: The fast way to becoming a digital front-runner.

19 June 2014

Judith Lopez receives PRC's 2014 Outstanding Professional Award in Accountancy (News, June 2014)

Former Isla Lipana & Co. Chairman and Senior Partner Judith V. Lopez received the "Outstanding Professional of the Year Award" in the field of Accountancy from the Professional Regulation Commission (PRC) during its 41st Founding Anniversary celebration at the Philippine International Convention Center on 20 June 2014 .

19 June 2014

Fedna B. Parallag (Tax Partner)

Profile of Tax Partner, Fedna B. Parallag

19 June 2014

Tax Alert No. 23 (19 June 2014)

Clarifying Issues relative to the Application for Value-Added Tax (VAT) Refund/Credit under Section 112 of the Tax Code

18 June 2014

Tax Alert No. 22 (18 June 2014)

Clarifying the Inurement Prohibition under Section 30 of the NIRC

13 June 2014

TwP Update: Markets and Management clean up the coast of Danjugan Island (Corporate responsibility news, June 2014)

Our Markets and Management teams concluded their summer outing to Negros Island with the a coastal clean-up of Danjugan Island as part of their Tourism with a Purpose (TwP) activity.

12 June 2014

TwP Update: Risk Assurance donates and installs trash frames in Calaguas (Corporate responsibility news, June 2014)

With hearts full of compassion and hands ready to help, our Risk Assurance team donated and installed trash frames last 12 June 2014 at the Mahabang Buhangin beach in Tinaga Island. Tinaga is part of the Calaguas group of islands under the control of Vinzons town in Camarines Norte. This is the team’s response to the worsening waste management problem in the island resort.

11 June 2014

Tax Alert No. 21 (11 June 2014)

Extending Deadline of Electronic Sales (eSales) Reports as Transitory Procedure Using the Enhanced and Integrated Electronic Accreditation and Registration

9 June 2014

Herminio ‘Sonny’ B. Coloma Jr. (Alumni profile)

Alumni profile: Herminio ‘Sonny’ B. Coloma Jr.

7 June 2014

TwP Update: PwC Consulting Phils. leads 'Tsinelas' Drive in Boracay (Corporate responsibility news, June 2014)

There's more to the world-renowned Boracay island than its powdery white sands. This is what the team from PwC Consulting (Philippines), Inc. had in mind when they planned their Tourism with a Purpose (TwP) activity.

5 June 2014

Tax Alert No. 20 (5 June 2014)

Clarifying the taxability of Financial Lease for purposes of the Documentary Stamp Tax

3 June 2014

Malou and Jaffy attend Senate committee hearing on income tax rates (News, June 2014)

Tax Managing Partner Malou Lim, assisted by Senior Manager Jaffy Azarraga, participated in the second committee hearing on bills that seek to reduce income tax for individuals and corporations in the Philippines.

1 June 2014

The unintentional gift (Taxwise, 2 July 2014)

GENERALLY, a gift is something that is given to another for free.

28 May 2014

Lower corporate tax rates: Another step towards global competitiveness (Taxwise, 29 May 2014)

Just last week, the Philippines hosted the 23rd World Economic Forum (WEF) on East Asia. It was attended by the host country’s leader, President Benigno Aquino III, as well as leaders of other Association of Southeast Asian Nations (ASEAN) countries and over 600 delegates from business, finance and civil society.

28 May 2014

Profile: Imelda dela Vega-Magundaya (Assurance Partner)

Profile of Assurance partner, Imelda dela Vega-Magundaya

25 May 2014

Alex participates in APEC-wide study on FDI Impediments in the Services Sector (News, May 2014)

Chairman and Senior Partner Alex Cabrera recently participated in an APEC-wide study on “Foreign Direct Investment (FDI) Impediments in the Services Sector”.

24 May 2014

TwP Update: GTS Sponsors Barangay Feeding Program in Ilocos Norte (Corporate responsibility news, May 2014)

As their way of fulfilling their commitment towards Tourism with a Purpose (TwP), our Global Technology Solutions (GTS) team hosted a children's party and feeding program at San Simon II, Bacarra, Ilocos Norte last 24 May 2014.

23 May 2014

TwP Update: WMS joins "Brigada Eskwela" in Caramoan (Corporate responsibility news, May 2014)

Our Worldtrade Management Services (WMS) Department participated in the Department of Education's (DepEd)"Brigada Eskwela"by repainting school chairs and tables at the Guijalo Elementary School in Caramoan, Camarines Sur last 23 May 2014.

23 May 2014

Tax Alert No. 19 (23 May 2014)

Prescribing the Use of Electronic Certificate Authorizing Registration