Makati
Principal, Tax Advisory & Compliance
Lea is a principal at the Tax Advisory and Compliance practice area. Lea has been in the tax practice for more than 25 years. She worked in Grant Thornton (Vietnam) Ltd., where she was the tax director for two years until she joined P&A Grant Thornton in 2009.
Lea has extensive experience in providing tax advisory services on direct international taxation, conducting studies on appropriate investment vehicles, and recommending the most tax efficient corporate structures for investments and acquisitions.
She has also been involved in preparation of various opinions and analyses of tax issues, and dissemination of tax updates through the conduct of tax seminars and webinars.
Lea is currently pursuing her Doctor of the Science of Law (J.S.D.) at the San Beda Graduate School of Law. She is a graduate of the GT International Senior Leadership Programme at Saïd Business School, University of Oxford. She also holds a Master of Laws from the San Beda Graduate School of Law and an Executive MBA (ABT) from the Asian Institute of Management. Lea earned her Bachelor of Laws from San Beda College and holds a Bachelor’s degree in Communications, major in Journalism, from the University of the Philippines Diliman.
A refund claim can take five to six years from the time the claim is filed with the Bureau of Internal Revenue (BIR), to the CTA, to the Supreme Court, and then back to the BIR.
A few days ago, I received a frantic call from a relative asking for tax advice. She has decided to start her medical practice, something she has always dreamed of and has now excitedly embarked on. She consulted an accountant and is in the process of signing the retainer.
The signing of Republic Act No. 11967, commonly known as the Ease of Paying Taxes (EOPT) Act, into law on January 5, 2024, serves not only to modernize the current tax administration but also to update the taxation system. It also provides a more comprehensive and streamlined process aimed at encouraging more taxpayers to pay taxes on time and foster compliance. The law will be effective on 22 January 2024.
Principal, Tax Advisory & Compliance
