Tax Notes
How to compute the penalty for non-compliance of RBEs with the WFH threshold
The Fiscal Incentives Review Boards (FIRB) has issued FIRB Advisory No. 3-2023 regarding the correct basis of the penalty imposed to Registered Business Enterprises (RBEs) engaged in Information Technology and Business Process Management (IT-BPM) for non-compliance with the work from home (WFH) threshold.