The pandemic brought in a huge wave of change to the workplace. The physical boundaries of work have blurred. Most are no longer confined to the four corners of the office. As many have seen, and probably experienced, most office jobs can now be done almost anywhere.
Publishing the Full Text of the 11 and 20 July 2022 Letters from the Food and Drug Administration (FDA) of the Department of Health (DOH) Endorsing Updates to the List of VAT-Exempt Medicines Under Republic Act (R.A.) No. 11534 Known as the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act
In the first half of 2022, the Philippine Economic Zone Authority (PEZA) and Fiscal Incentives Review Board (FIRB) introduced notable changes regarding the implementation of Republic Act (RA) No. 11534 or the CREATE Law.
Publishing the Full Text of the 30 May 2022, 27 June 2022 and 1 July 2022 Letters from the Food and Drug Administration (FDA) of the Department of Health (DOH) Endorsing Updates to the List of VAT-Exempt Medicines Under Republic Act (R.A.) No. 11534 Known as the Corporate Recovery and Tax Incentives for Enterprises...
The Philippines has been impacted successively by global crises, starting with the pandemic followed by the Russia-Ukraine War. The light at the end of the tunnel that signals national recovery is still out of sight. The government is looking to modify our tax landscape as a key in addressing these challenges.
Publishing the Full Text of the May 18, 2022 Letter from the Food and Drug Administration (FDA) of the Department of Health (DOH) Endorsing Updates to the List of VAT-Exempt Medicines Under Republic Act (R.A.) No. 11534 Known as the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act
Isla Lipana & Co./PwC Philippines is the official auditor of TV5’s singing contest; Gambling issues; Proof of entitlement; RBE incentives; Dissolution steps
The Bureau of Internal Revenue (BIR) is naturally one of the government agencies affected by the turnover of leadership, with the Commissioner of Internal Revenue (CIR), who heads the BIR, being a presidential appointee.
As stated in this column by my colleague last year, education is unarguably one of the greatest pillars of a strong and stable nation. It’s of some relevance, then, to examine how our policymakers dealt with tax regulations on proprietary educational institutions (PEIs) when they issued Revenue Regulations (RR) No....
Clarification on the Transitory Provision for the Non-Income Related Tax Incentives Granted to Registered Export Enterprises under Investment Promotion Agencies (IPAs)
Prescribing the Uniform Template for VAT Zero Percent Certification to be Issued by Investment Promotion Agencies (IPAs) in relation to Q&A No. 34 of RMC No. 24-2022
Clarificatory Guidelines on the Submission of Certificate of Entitlement to Tax Incentives Pursuant to RMC No. 28-2022
2025 Tax Calendar. This calendar lists all important payments and registration schedules from the BIR, SEC and other agencies.
Access the latest Philippine Tax Code from your mobile device.
Virtual Tax Health Check offers an online service providing insight on your tax practices that would help you assess and mitigate potential risks, improve tax compliance, and stay current with the evolving tax rules.
Changes to working practices in response to COVID-19 introduce a range of new or enhanced risk areas, and the potential to disrupt the existing system of internal controls is high.
