Value-Added Tax (VAT) on digital services: Yay or Nay?
Line of Sight Value-Added Tax (VAT) on digital services: Yay or Nay?
Comparatively, businesses evolved from mere trading of valuable goods by traveling miles to find the perfect equivalent to the current day and age where two business parties can interact while being oceans apart.
6 min read |
Point-of-Sale Software Challenges in BIR’s digitalization era
Line of Sight Point-of-Sale Software Challenges in BIR’s digitalization era
The BIR has been blazing ahead with its agenda of digital transformation. To recall, the BIR laid out its digital transformation plan in Revenue Memorandum Order (RMO) No. 42-2022, outlining its blueprint for the Digital Transformation (DX) Program.
5 min read |
From Amnesty to Accountability: Challenges and Consequences in SEC Filings
Line of Sight From Amnesty to Accountability: Challenges and Consequences in SEC Filings
With the guidance of their accountants and auditors, businesses were able to successfully complete the filing and payment of their taxes with the Bureau of Internal Revenue (BIR) on April 15.
5 min read |
Facing the new year as a compliant taxpayer
Line of Sight Facing the new year as a compliant taxpayer
Before the world rings in a new year, Filipinos observe unique traditions in their homes, like having 12 round-shaped fruits and wearing polka dots for good luck or preparing a Media Noche feast for the whole family. Another common practice every new year, done by most people in any part of the world, is preparing a list of resolutions to continue good practices, adopt new habits to become better, and most importantly, set goals.
7 min read |
A revisit on the BIR’s audit process and taxpayers’ defenses
Line of Sight A revisit on the BIR’s audit process and taxpayers’ defenses
One of the most commonly used phrases in Philippine taxation is that it is the lifeblood of the nation. It is the beating heart wherein the nation funds its projects whose benefits ultimately redound to its constituents.
5 min read |
Agri-ing to simplify agricultural sales reporting
Line of Sight Agri-ing to simplify agricultural sales reporting
The long weekend provided me with a good opportunity to rest and recharge, which included an admittedly unhealthy amount of binge-watching.
6 min read |