Alerts and Publications
Alerts and Publications
Equity-based compensation paid to either rank-and-file and managerial/supervisory employees are subject to withholding tax on compensation
This Tax Alert is issued to inform all concerned on the lifting of the suspension of the field audit and other field operations on all outstanding Letters of Authority/Audit Notices and Letter Notices per request of the Investigating Office.
30:70 WFH arrangement for IT-BPM RBEs extended until December 31, 2022; transfer of registration from PEZA to BOI of existing RBEs in the IT-BPM sector allowed
This Tax Alert is issued to inform all concerned on the lifting of the suspension of the field audit and other field operations on all outstanding Letters of Authority/Audit Notices and Letter Notices per request of the Investigating Office.
BSP Circular 1151 Amendments to the Minimum Capitalization of Rural Banks
This Accounting Alert is issued to circulate Bangko Sentral ng Pilipinas (BSP) Circular 1151 (the Circular) dated August 24, 2022.
Insights into PAS 36 - Comparing Recoverable Amount with Carrying Amount
This Accounting Alert is issued to provide an overview of Philippine Accounting Standards (PAS) 36, Impairment of Assets, to assist preparers of financial statements and those charged with the governance of reporting entities understand the requirements set out in PAS 36 and revisit some areas where confusion has been seen in practice.
Insights into PAS 36 - Reversing Impairment Losses
This Accounting Alert is issued to provide an overview of Philippine Accounting Standard (PAS) 36, Impairment of Assets, to assist preparers of financial statements and those charged with the governance of reporting entities understand the requirements set out in PAS 36 and revisit some areas where confusion has been seen in practice.