Taxwise or Otherwise

"Taxwise or Otherwise" discusses the latest developments in tax and business law in the Philippines. It also dissects current issues affecting the business community, including policy development.

Writers are taken from a pool of business and tax consultants of Isla Lipana & Co., the Philippine member firm of PwC global network. Columns regularly appear in the BusinessWorld newspaper.

Latest column

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.



Who determines sufficiency? (Taxwise, 19 March 2015)

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

Double taxation: same but different (Taxwise, 5 March 2015)

BIR eases importer/broker accreditation process (Taxwise, 26 February 2015)

Incentives are more than just hospitable gestures (Taxwise, 19 February 2015)

‘No Contact Audit’ revisited (Taxwise, 12 February 2015)

Proving entitlement to VAT refund (Taxwise, 5 February 2015)

New year reporting reminders (Taxwise, 29 January 2015)

A new form for giving (Taxwise, 22 January 2015)

All about LBT (Taxwise, 17 December 2014)