1 2 3 4 5 6 7 8 9 10

Further extensions on the deadline of filing for VAT refund claims and suspension of the 90-day period for processing of VAT refund

14 Oct 2020

This Tax Alert is issued to inform all concerned on the further extension of due dates for filing of VAT refund claims pursuant to Bayanihan to Recover as One Act (Republic Act No. 11494) or the Bayanihan II.

Clarifications on the proper modes of service of eLAs

08 Oct 2020

This Tax Alert is issued to inform all concerned on the clarifications on the proper modes of service of an electronic Letter of Authority (eLA).

Availability of BIR Form Nos. 2119 and 0622

08 Oct 2020

This Tax Alert is issued to inform all concerned on the availability of BIR Form Nos. 2119 (Voluntary Assessment and Payment Program (VAPP) Application Form) and 0622 (VAPP Payment Form), in relation to the implementation of VAPP under Revenue Regulations No. 21-2020.

NOLCO from 2020 and 2021 can be carried over for the next 5 years

02 Oct 2020

This Tax Alert is issued to inform all concerned on the longer period for claiming net operating losses carry over (NOLCO) from taxable years 2020 and 2021.

Repeal of Tax on Shares of Stock Sold or Exchanged Through IPO

02 Oct 2020

This Tax Alert is issued to inform all concerned on the implementing rules and regulations of the repeal of the tax on Initial Public Offering (IPO) of shares of stocks under the Bayanihan to Recover as One Act (Republic Act No. 11494) or the Bayanihan II.