Clarifications on VAT on Digital Services
Let's Talk Tax Clarifications on VAT on Digital Services
On May 08, 2025, the BIR issued Revenue Memorandum Circular No. 47-2025 clarifying some implementation issues regarding value-added tax on digital services imposed by the new law, Republic Act No. 12023.
6 min read |
Navigating the Complexities of VAT Liabilities of Non-Resident Digital Service Providers
Let's Talk Tax Navigating the Complexities of VAT Liabilities of Non-Resident Digital Service Providers
Last year marked a significant era of tax reform, with several new laws enacted to amend and update our National Internal Revenue Code (Tax Code). Among these is Republic Act (RA) No. 12023, which imposes a 12% VAT on all digital services consumed in the Philippines.
7 min read |
The Taxman Cometh: Unpacking the Fiscal Battleground of the 2025 Philippine Elections
Let's Talk Tax The Taxman Cometh: Unpacking the Fiscal Battleground of the 2025 Philippine Elections
Less than a week before the 2025 Philippine midterm elections, the air crackles with promises, rhetoric, and the tug-of-war for the hearts and minds of voters.
6 min read |
Simplified VAT refund process under CREATE MORE
Let's Talk Tax Simplified VAT refund process under CREATE MORE
The government has been tirelessly pushing to attract more investors for the Philippines to become more investment-friendly and more competitive with other ASEAN countries. To pursue this move, recent tax laws are trying to keep up with the digital world where convenience and simplicity of processes are paramount.
7 min read |
CMEPA Bill and its future impact
Let's Talk Tax CMEPA Bill and its future impact
CMEPA’s basic objectives are to promote a fairer and simpler passive income tax system that will encourage savings and capital investment; to increase capital mobility in an ever-globalizing world; and to incentivize investment in the trade of equity and security debts.
4 min read |
Adopt-a-School Program: A Path to Tax Savings and Educational Impact
Let's Talk Tax Adopt-a-School Program: A Path to Tax Savings and Educational Impact
In my research, I noted that various programmes that encourage private entities to help or assist in upgrading and modernising educational institutions in the Philippines have been instituted. In 1998, Republic Act (“R.A.”) No. 8525, otherwise known as the “Adopt-a-School Program”, was enacted.
8 min read |