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
The Bureau of Internal Revenue (BIR) has recently issued Revenue Memorandum Circular (RMC) No. 91-2023 on September 11, 2023, to inform taxpayers regarding the amendment issued by the Department of Trade and Industry and Department of Finance to detail the period of enjoyment of non-income related tax incentives of RBEs registered prior to the implementation of Republic Act (RA) No. 11534, also known as the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act.
Environmental, Social, and Governance (ESG) principles have emerged as a transformative force in the business world since it was introduced several years ago, pushing companies to consider broader impacts beyond financial returns. It aims to create a sustainable and equitable future by addressing environmental issues, social responsibilities, and governance practices.
The CREATE Act has radically changed the Value-Added Tax (VAT) landscape for Registered Export Enterprises (“REEs”) when the phrase “Directly and Exclusively Used” was first introduced.
The Bureau of Internal Revenue issued Revenue Regulation (RR) No. 11-2023 on September 14, 2023, prescribing the use of electronic mail (e-mail) and electronic signature as additional mode of service of the Warrant of Garnishment pursuant to Section 244 of the National Internal Revenue Code of 1997, as amended.
Food deliveries, online shopping, e-learning, online meetings – all these have become a norm these past three years.
Foreign investors look at the Philippines as one of the most preferred destinations in South Asia for offshore manufacturing due to low labor cost, large and young labor pool, manufacturing capabilities, high English proficiency, and fiscal incentives, to name a few.
The Bureau of Internal Revenue issued Revenue Regulation (RR) No. 10-2023 on September 08, 2023, implementing the extension of period for availing the Estate Tax Amnesty as prescribed by Republic Act (RA) No. 11956. The regulation amends certain provisions founded on Revenue Regulation No. 6-2019 also known as the “Tax Amnesty Act”.
Are you familiar or at least aware of the Philippine Action Plan for Sustainable Consumption and Production (PAP4SCP)? Taking off from our first article on Extended Producer Responsibility (EPR) Act of 2022 (the EPR Act) last week, let us deep dive into the EPR Act and see how it aligns with PAP4SCP.