Seizing the innovation edge (CAL November 2013)
The most innovative TMT companies expect 90% growth rate over the next five years. PwC study demonstrates how technology, media and telecom companies can harness breakthrough innovation to grow revenue
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.
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