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Shaping a Vibrant Future

Shaping a Vibrant Future
Since 1988, P&A Grant Thornton has been establishing corporate milestones with its loyal clients, which has helped assert itself as a leading professional services firm in the country.
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Shaping a Vibrant Future
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Philippine Mid-Market Firms Exhibit Resilient Optimism Amidst Economic Uncertainties
International Business Report Philippine Mid-Market Firms Exhibit Resilient Optimism Amidst Economic Uncertainties
In the face of business unpredictability, Philippine mid-market firms remain to demonstrate resilience and agility as these businesses are navigating the complexities of the current environment with innovation, adaptability, and optimism for the future.
8 min read |
25th Search for Outstanding Accountancy Students of the Philippines
P&A Foundation Inc., PICPA and ACPACI collaboration 25th Search for Outstanding Accountancy Students of the Philippines
This year marks the silver anniversary of the Search for Outstanding Accountancy Students of the Philippines (SOASP), a prestigious event celebrating its 25th year. The annual competition aims to recognize and distinguish graduating accounting students from across the country, challenging them in a rigorous battle of wits and knowledge.
5 min read |
Imposition of 12% VAT on Services by Digital Service Providers
Tax Notes Imposition of 12% VAT on Services by Digital Service Providers
Last October 2, 2024, President Marcos signed into law Republic Act (RA) No. 12023 or the Value Added Tax (VAT) on Digital Services Law which imposes a 12% VAT on digital service providers (DSPs).
5 min read |
Easier to Tax, Easier to Pay, Easier to Collect
Let's Talk Tax Easier to Tax, Easier to Pay, Easier to Collect
The Bureau of Internal Revenue (BIR) under Commissioner Romeo Lumaguiā€™s administration has set four (4) strategic pillars in their 2024 CY Priority Programs and Projects according to Revenue Memorandum Circular (RMC) 42-2024: Provide Excellent Service to Taxpayers; Develop Highly Digital Processes; Intensify Audit and Enforce Process; and Strengthen Integrity and Professionalism of the Employees and the Institution.
7 min read |
EOPT is Here: Guidelines for Classification of Business Taxpayers
Tax Notes EOPT is Here: Guidelines for Classification of Business Taxpayers
In line with the implementing rules of the Ease of Paying Taxes (EOPT) Act intending to streamline the procedure and promote fairness across business sizes, the Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Order No. 37-2020 last September 4, 2024, to publish procedures and guidelines in taxpayer classification.
3 min read |