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Let's Talk Tax VAT and percentage tax amendments in light of the coronavirus pandemic

More than a year after the onset of the Coronavirus Disease 2019 (COVID-19) pandemic, the government continues to ramp up its efforts to reduce financial

Let's Talk Tax Sign of the times: Intensifying taxpayers’ use of e-signatures

The Philippines is celebrating its 123rd year of independence. We have been enjoying our freedom for over a century and much has changed since then. For the

Let's Talk Tax Transfer pricing: The year that was and what’s next

The transfer pricing compliance requirements introduced by the Bureau of Internal Revenue (BIR) in July 2020 are believed to be game-changers for taxpayers to

Let's Talk Tax Addressing corporate income tax concerns under the CREATE law

On April 8, the Bureau of Internal Revenue (BIR) released Revenue Regulations (RR) No. 5-2021 which implements certain provisions of the Corporate Recovery and

Let's Talk Tax IRR on tax incentives: CREATE-ing life and hope for all

Filipinos have grown accustomed to celebrating festivities. However, things changed when the pandemic set in. Towards the close of the first half, it seems

Let's Talk Tax Estate Tax Amnesty: To extend or not to extend?

“To be or not to be” is one of Shakespeare’s most famous lines — the opening of a Hamlet soliloquy in Act 3, Scene 1. Prince Hamlet is speaking it aloud, but

Let's Talk Tax CREATE: Questions left unanswered

Being in the public practice for almost seven years now, I can say that this years’ tax filing season has been one of the busiest and most dreadful. Due to the

Let's Talk Tax Taxpayers are in for another bumpy ride

This year has been one of the most challenging filing seasons ever, particularly for accountants. On top of implementing recovery measures to mitigate the

Let's Talk Tax Wish list for reforms on tax filing, payment and administrative compliance

It’s been more than a year since the onset of the COVID-19 pandemic. This global health crisis, which has claimed millions of lives and continues to change the

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