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IN line with submitting the quarterly alphabetical list of payees (QAP) under the Tax Reform for Acceleration and Inclusion (TRAIN) Law, the Bureau of Internal Revenue (BIR) issued a tax advisory on April 24 instructing taxpayers on how to make use of the new Alphalist Data Entry and Validation Module Version 6.0.

Tax assessments by the Bureau of Internal Revenue (BIR) for alleged tax deficiencies are, in most cases, presumed correct; the taxpayer always bears the burden of proving that the correct taxes have been paid and that the BIR’s assessment is incorrect.

The legal provisions on refunding input value-added tax (VAT) upon dissolution of the company or upon the change of VAT status was unaffected by the TRAIN law.

With the searing heat, experiencing more frequent cravings for cold desserts, and calendars being filled with family outings and get-togethers with friends, there’s no doubt that summer has arrived.

It has been months since the Tax Reform for Acceleration and Inclusion (TRAIN) 1 took effect, on Jan. 1.

FEDERALISM is now getting wider attention. This is good. It is clear that this structure of government, which is totally alien to us, is being pushed down our throats with the convening of the Consultative Committee on Constitutional Reform.

IN line with Revenue Memorandum Order No. 6-2018 enhancing the frontline services of the Bureau of Internal Revenue (BIR) by streamlining tax-related transactions, the BIR recently issued Revenue Memorandum Circular (RMC) No. 19-2018 to circularize the simplified business registration procedures and guidelines.

A shout-out to all Filipino Certified Public Accountants (CPAs)! May is finally here, which means that the busiest of months have already passed. There were headaches and heartaches along the way, but certainly, seeing the fruits of your labor makes everything worth it. What do we now do with the sudden increase in our free time?