Technical Alerts
New compliance reports for PEZA entities
This Tax Alert is issued to inform all concerned of a new reportorial requirement for PEZA-registered enterprises activities required by the Enterprise Operations Department (EOD).
Format for approval/denial of applications for compromise settlement and abatement of penalties
This Tax Alert is issued to inform all concerned on the format of the Certificate of Availment and Notice of Denial
Merging of RDOs 43A and B - East and West Pasig
This Tax Alert is issued to inform all concerned on the merging of the RDO No. 43A and RDO No. 43B
Revised Statement of Management's Responsibility (SMR) Over the Financial Statements
On January 30, 2017, the Securities and Exchange Commission (SEC) issued a Notice stating that the SEC en Banc resolved to issue Financial Reporting Bulletin (FRB) No. 20, Revised Statement of Management’s Responsibility, on January 26, 2017. The SMR was revised in line with the adoption of the new and revised auditor reporting standards, which are effective for audits of financial statements for periods ended on or after December 31, 2016, hence, shall be used when filing the annual financial statements covering such periods with the SEC.
Splitting of BIR Region 9 - San Pablo City
Effective February 1, 2017, BIR Region 9 - San Pablo City will be divided into two. Revenue Region 9A will service Cavite, Batangas, Mindoro and Romblon (CABAMIRO). Revenue Region 9B will cover Laguna, Quezon and Marinduque (LAQUEMAR). RR 9A will hold office at Liana's Junction Plaza in Sto. Tomas. RR 9B will stay at the current office on Maharlika Highway, Bgy. San Nicolas, San Pablo City.