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Stay ahead and check tax and other reportorial deadlines with our comprehensive digital calendar! Gain quick access to key filing dates and deadlines in one convenient platform—helping you stay organised, compliant, and confident throughout the year.
National Internal Revenue Code of 1997 5th Edition
Many things can happen in a year. We realize our dreams, reach our goals, make mistakes, and meet new people; the most important thing is that we learn from experience. The same thing can be said from a business perspective, where we, as stakeholders, learn that each new year brings numerous challenges in complying with government requirements as part of continuing operations in the coming year. Listed below are some of the requirements — so mark your calendars to plan your activities this January.
IN RESPONSE to the numerous requests from withholding agents, the Bureau of Internal Revenue (BIR) has released Revenue Memorandum Circular (RMC) 121-2019 as a reminder that the following computer/system-generated BIR certificates are allowed:
THE Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) No. 124-2019, extending the deadline for submitting the Annual Information Returns of Income Taxes Withheld on Compensation (BIR Form No. 1604-C) and Final Withholding Taxes (BIR Form No. 1604-F) from Jan. 31, 2020 to Feb. 28, 2020.
UNCERTAINTY is mounting for technology, media and telecommunications (TMT) businesses against a turbulent economic and political backdrop, according to the latest research by Grant Thornton.
Last year, I had the chance to write an article about the things that the employers need to know in computing for the annualized tax on compensation. The focus was the changes brought about by the Republic Act (RA) No. 10963 — Tax Reform for Acceleration and Inclusion (TRAIN) Law and recent Bureau of Internal Revenue (BIR) issuances. This year, I’ll tackle the recent changes in the reportorial requirements, especially now that we’re nearing towards the year-end.
P&A Grant Thornton Tax Advisory and Compliance Head Atty. Eleanor Roque was recently named a Woman in Tax Leader in the Philippines by World Tax in association with the International Tax Review (ITR). She is one of the five Filipinas cited in the ninth edition of the annual list of the world's leading tax practitioners.
I still vividly remember my first day as a freshman at the University of the Philippines. It was 6:30 in the morning. I was half an hour early for my Communications I class. With my old, red Jansport backpack serving as my security blanket, I anxiously walked along the empty hallway. After spending the last 12 years of my life in an all-boys school, I did not know how to feel or think about having female classmates in a very large campus. As fate would have it, I was the second student to arrive for class, the first being a petite girl. She was standing outside the classroom when I nervously approached the door. Nobody else was there. Obviously, I kept my distance. However, she did not. She asked me for the time.
P&A Grant Thornton Tax Advisory and Compliance Head Atty. Eleanor Roque was recently named a Woman in Tax Leader in the Philippines by World Tax in association with the International Tax Review (ITR).
