Tax services

Upholding what is right: What are your tax concerns?

We consider the needs of your business and the government with the end in view of upholding what is right.

Tax is a significant cost in business. As such, properly managing and controlling inherent tax risks is a must. And to keep up with tax developments and have a clearer understanding, top businessmen seek professional tax advice to help them manage tax risk, control costs, and seize tax planning opportunities.

To develop a comprehensive tax strategy for your business, we cover various considerations relevant to your particular business, i.e., industry, markets, finance, economics, and government regulations. We take a consultative approach rather than focus on compliance to identify all your risks.

Increasingly, companies require a variety of accounting, tax, and business services to manage risks and gain competitive advantage. Our tax professionals can provide these diverse disciplines to help you minimize tax liabilities and meet compliance obligations. We can be your advocates with tax authorities to support a tax position that will work to your advantage. And we can give you tailored, implementable and defensible tax planning structures.

Responsiveness unlike any other

We specially package business and tax advisory services for our clients based on their needs. This is a better way of handling tax compliance that makes us achieve their business objectives.

We have made it easier for companies, whether large or small, to lessen their tax problems and meet tax compliance obligations.

We deal with main taxes affecting all businesses, and those in difficult areas such as international tax, expatriate tax, and value-added tax.

Our tax colleagues in other PwC firms worldwide work with us in giving professional and timely advice on tax issues that crop up in every area where there is an international transaction.

Insight

Revisiting the TRABAHO (or no trabaho?) bill

Revisiting the TRABAHO (or no trabaho?) bill

So the TRABAHO Bill — or, Tax Reform for Attracting Better and High-Quality Opportunities, also known as TRAIN 2 — failed to pass Congress. Its intent was to rationalize investment incentives by making them more time-bound and performance-based. What seems most controversial in the bill is the removal of the preferential 5% gross income earned (GIE) currently offered by Investment Promotion Agencies such as the Philippine Economic Zone Authority (PEZA).

Tax Alert No. 35 [Revenue Memorandum Order No. 19 – 2019 issued on 3 April 2019]

Tax Alert No. 35 [Revenue Memorandum Order No. 19 – 2019 issued on 3 April 2019]

Creation of Alphanumeric Tax Code (ATC) for Tax Amnesty on Estate and Delinquencies pursuant to the implementation of Republic Act (RA) No. 11213, also known as an “An Act Enhancing Revenue Administration and Collection by Granting an Amnesty on All Unpaid Internal Revenue Taxes Imposed by the National Government for Taxable Year 2017 and Prior Years with Respect to Estate Tax, Other Internal Revenue Taxes and Tax on Delinquencies”

Contact us

Ma. Lourdes P. Lim

Tax Managing Partner

Tel: +63 (2) 459 2016

Alexander B. Cabrera

Chairman and Senior Partner

Tel: +63 (2) 459 2002

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