Philippine taxation

Latest issues

Tax Alert No. 11 [Revenue Memorandum Circular No. 12-2017 dated 24 January 2017]

08 Feb 2017

Acceptance of Tax Returns/Payments of Internal Revenue Taxes by Authorized Agent Banks on 01 April and 08 April 2017 and Extension of Banking Hours from 3.00pm to 5.00pm for the period 01 April to 17 April 2017

Tax Alert No. 10 [Professional Regulatory Board of Accountancy Resolution No. 37 dated 25 January 2017]

29 Jan 2017

Grant of Provisional Accreditation and Extension of Accreditation to Individual Certified Public Accountants and Partnerships/Firms Engaged in Public Accountancy Practice

Implementing rules for PWD tax incentives

25 Jan 2017

Last year, one of the most interesting discussions among working Filipinos was the proposed tax reform. As taxpayers who prioritize putting food on the table and providing a better life for our families, we remain eager for the proposed tax restructuring plans especially the proposed reduction in the personal income tax which promises to increase take-home pay.

Tax Alert No. 11 [Revenue Memorandum Circular No. 12-2017 dated 24 January 2017]

08 Feb 2017

Acceptance of Tax Returns/Payments of Internal Revenue Taxes by Authorized Agent Banks on 01 April and 08 April 2017 and Extension of Banking Hours from 3.00pm to 5.00pm for the period 01 April to 17 April 2017

Read all Tax Alerts

Implementing rules for PWD tax incentives

25 Jan 2017

Last year, one of the most interesting discussions among working Filipinos was the proposed tax reform. As taxpayers who prioritize putting food on the table and providing a better life for our families, we remain eager for the proposed tax restructuring plans especially the proposed reduction in the personal income tax which promises to increase take-home pay.

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

27 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

12 Aug 2013

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