EoPT dates to remember for CAS taxpayers
Let's Talk Tax EoPT dates to remember for CAS taxpayers
One famous motto says, “Prevention is better than cure.” This saying is applicable to one’s everyday life. It is always better to avoid further damage than to
The IRRs of Ease of Paying Taxes Act
Let's Talk Tax The IRRs of Ease of Paying Taxes Act
The passage of the Ease of Paying Taxes (EOPT) Act, or Republic Act No. 11976, sparked hope among taxpayers, envisioning a smoother journey in navigating
Refund of excess input VAT clarified
Let's Talk Tax Refund of excess input VAT clarified
It is a well-settled doctrine that tax refunds are in the nature of tax exemptions and, hence, are construed strictissimi juris against the taxpayer.
Taxing times for tax evaders; understanding tax evasion
Let's Talk Tax Taxing times for tax evaders; understanding tax evasion
According to estimates, the Philippines is losing ₱500 billion to tax evasion annually. Thus, even in the early stages of his term as the Commissioner of the
The effect of a new assessment in the Final Decision on Disputed Assessment
Let's Talk Tax The effect of a new assessment in the Final Decision on Disputed Assessment
In tax assessment, the Bureau of Internal Revenue (BIR) and the taxpayers will likewise protect and defend their duties and rights based on laws, rules and
Recent improvements in tax filing process
Let's Talk Tax Recent improvements in tax filing process
The Philippine government has been proving this adage to be true, especially with the significant regulatory updates to Philippine taxation, with the most