Client Advisory Letters

A publication about developments in Philippine taxation. The contents usually include latest Republic Acts, Bureau of Internal Revenue issuances, Customs regulations, Court decisions, BSP circulars, SEC circulars, Department of Justice opinions and Executive Orders relevant to Tax practice.

Latest issue

A closer look at IFRIC 21 - Levies (CAL March 2015)

One of the new interpretations that came into effect for 2014 is IFRIC 21 ‘Levies’. It was published by the IFRS Interpretations Committee (IC) in May 2013 to address diversity in practice in the recognition of the liability to pay a levy.


Complete issues

A closer look at IFRIC 21 - Levies (CAL March 2015)

Shift of global economic power to emerging economies set to continue (CAL February 2015)

Added de minimis benefits (CAL January 2015)

Year-end tax reminders for 2014 (CAL December 2014)

CEOs’ confidence rises in 2014 (CAL January 2014)

The highway to growth (CAL December 2013)

Seizing the innovation edge (CAL November 2013)

Rise in investment to continue in Asia Pacific (CAL October 2013)

Integrated Reporting (CAL June-September 2013)

Businesses urged to tackle disaster risk reduction in new UN/PwC led initiative (CAL May 2013)


For previous Client Advisory Letters issues, please contact:

Lyn Golez, Tax services