Philippine taxation

Latest issues

Exercising our right to information

12 Jan 2017

To help readers become better-informed citizens, PwC Philippines Tax Manager Elinor de Gracia explains the Executive Order issued by the President last year on the right to information in the Executive Branch. Since it only applies to government offices within the Executive Branch, she shares the Senate Bill on Freedom of Information that will cover all government agencies. Read her article "Exercising our right to information".

Tax Alert No. 5 [Revenue Memorandum Circular No. 5-2017 dated 22 December 2016]

10 Jan 2017

Bureau of Internal Revenue’s CY 2017 Principal Objectives and Priority Programs

Tax Alert No. 4 [Philippine Competition Commission Memorandum Circular No. 16-003 dated 22 December 2016]

09 Jan 2017

Filing Fees for Phase I-Merger Notification and Phase II-In Depth Review

Tax Alert No. 5 [Revenue Memorandum Circular No. 5-2017 dated 22 December 2016]

10 Jan 2017

Bureau of Internal Revenue’s CY 2017 Principal Objectives and Priority Programs

Read all Tax Alerts

Exercising our right to information

12 Jan 2017

To help readers become better-informed citizens, PwC Philippines Tax Manager Elinor de Gracia explains the Executive Order issued by the President last year on the right to information in the Executive Branch. Since it only applies to government offices within the Executive Branch, she shares the Senate Bill on Freedom of Information that will cover all government agencies. Read her article "Exercising our right to information".

Read all Taxwise or Otherwise

New accounting for leases - so what?

07 Oct 2016

The new lease accounting standard will fundamentally change the accounting for lease transactions and is likely to have significant business implications. Almost all leases will be recognized on the balance sheet, with a right of use asset and financial liability that recognize more expenses in profit or loss during the earlier life of a lease. This will have an associated impact on key accounting metrics, and clear communication will be required to explain to the impact of changes to stakeholders.

Read all Client Advisory Letters

2017 Tax calendar

28 Dec 2012

This calendar lists all important payments and registration schedules from the BIR, SEC and other agencies.

National Internal Revenue Code of 1997

06 Sep 2007

A codal version of National Internal Revenue Code of 1997 (Tax Code). Including RR 10-2008, RR 16-2008,Consolidated Withholding Tax Regulations, Consolidated Fringe Benefits Tax Regulations

CWT and FBT Regulations Handbook: Philippines 2006

13 Aug 2013

Consolidated Withholding Tax (CWT) and Fringe Benefits Tax (FBT) Regulations Handbook: Philippines 2006