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Relaxed rules in the acceptance of tax payments until June 14, 2020

27 May 2020

This Tax Alert is issued to inform all concerned on the rules in acceptance of payments of internal revenue taxes and amnesty tax applicable until June 14, 2020.

No further extension of filing deadlines: RR 11-2020 shall remain in effect

27 May 2020

This Tax Alert is issued to inform all concerned on the amendment of Revenue Regulations (RR) No. 11-2020’s provision on further extension of deadlines of filing and payment of tax returns and other BIR submissions.

SEC Notice on the Opening of SEC Express System and SEC Express Nationwide Submission

26 May 2020

This Accounting Alert is issued to circulate the notice issued by the Securities and Exchange Commission (SEC) on May 21, 2020 in relation to the opening of the SEC Express System and the SEC Express Nationwide Submission (SENS).

Insurance Commission Circular Letters: Regulatory Reliefs, Online Submission of Reports, and Deferral of IFRS 17 Implementation

22 May 2020

This Accounting Alert is issued to summarize recent circular letters (CLs) issued by the Insurance Commission (IC) from May 14 to May 18, 2020.

COVID-19 Accounting Implications for CFOs: Impairment of Intangible Assets and Goodwill

20 May 2020

This Accounting Alert is issued to provide insights on issues management should consider in assessing impairment, as well as some direction as to how best respond to them.