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

Refund of overpaid creditable withholding taxes (Taxwise, 23 July 2015)

Since the issuance of Revenue Regulations No. 12-2013, withholding the correct taxes has become a matter of paramount importance. Under the regulations, failure to withhold the proper tax would result in the disallowance of the related expenses or deductions for income tax purposes, even if the withholding tax is paid in the course of a tax audit.



Refund of overpaid creditable withholding taxes (Taxwise, 23 July 2015)

Liberating the professions: A look at the negative list (Taxwise, 9 July 2015)

ITRs not required in CWT Refunds (Taxwise, 25 June 2015)

Your PEZA registration (Taxwise, 18 June 2015)

Money laundering in high places (Taxwise, 11 June 2015)

Regional integration, capital requirements drive insurance mergers (Taxwise, 7 June 2015)

Due process in the constructive service of BIR notices (Taxwise, 28 May 2015)

BIR’s power to interpret tax laws is not absolute (Taxwise, 21 May 2015)

Culture works (Taxwise, 14 May 2015)

VAT treatment of PEZA ‘drop-off’ exports (Taxwise, 7 May 2015)