I have been hearing interesting stories about how some taxpayers are too afraid of receiving tax assessment notices right at their doorsteps.
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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)
Mergers and acquisitions have become popular business strategies for companies looking to expand into new markets or territories, to achieve economies of scale, to attain increased synergy, or to gain a competitive edge.
Basketball-crazy Filipinos watched the Philippine Gilas team fall short during the recently-concluded 2017 FIBA Asia Championships in Lebanon.
Normally, when one looks at the financial statements of a corporation and notices that the accumulated earnings exceed the paid-up capital, one will infer that this is a positive thing.
In the arena of international transactions, management and service agreements between interrelated companies within a multinational corporation is an inevitable consequence of globalization.
There have been substantial developments in the reform of the tax system.
Taxpayers are looking forward to the proposed tax reform of the Department of Finance (DoF)