Various portions of the Tax Code of 1997 will be deemed obsolete once the President approves the first package of the Tax Reform and Acceleration and Inclusion Act (TRAIN) which is scheduled to be implemented by January next year.
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The corporate world is like a jungle. “It’s a jungle out there,” as they say. With the rivalry among competitors, the constant struggle for market share, and the intense need to survive, perhaps it really is a jungle.
I have been hearing interesting stories about how some taxpayers are too afraid of receiving tax assessment notices right at their doorsteps.
THE Bangko Sentral ng Pilipinas (BSP) recently issued Memorandum M-2017-025 which reminds all banks and non-stock savings and loans associations (NSSLAs) on the compliance with the regulations governing fees on dormant deposit accounts. Read more: http://www.sunstar.com.ph/cebu/business/2017/09/19/tax-notes-regulations-governing-fees-dormant-deposit-accounts-564783 Follow us: @sunstaronline on Twitter | SunStar Philippines on Facebook
Going for an IPO – What do companies need to consider?
The Securities and Exchange Commission (SEC) approved the adoption of the following pronouncements as part of its rules and regulations on financial reporting:
It would not come as a surprise if many taxpayers receive tax assessments these days. If they are to stand a chance, it is important for them to have knowledge of their best options to challenge the issues raised by the Bureau of Internal Revenue (BIR)
