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Revised BIR business registration requirements

25 Jun 2020

This Tax Alert is issued to inform all concerned on the revised checklist of documentary requirements for business registration and other types of applications with the Bureau of Internal Revenue.

List of VAT-exempt drugs/medicines for diabetes, high-cholesterol and hypertension now available

25 Jun 2020

This Tax Alert is issued to inform all concerned on the published “List of Prescription Drugs and Medicines for Diabetes, High-cholesterol and Hypertension” which are exempt from VAT starting January 27, 2020.

Updates on SSS and Pag-IBIG

17 Jun 2020

This Advisory is released to inform all household employers, self-employed, voluntary and non-working spouse members that contribution payment deadline for the first quarter of 2020 is extended until June 30, 2020.

COVID-19 Accounting Considerations for CFOs: Government Grants

16 Jun 2020

This Accounting Alert is issued to provide guidance in determining the appropriate accounting treatment for government grants.

AABs to accept payments for 2019 Annual ITR until 5pm of June 15, 2020

11 Jun 2020

This Tax Alert is issued to inform all concerned taxpayers on the responsibilities of Authorized Agent Banks (AABs) in relation to the acceptance of payments for the annual income tax returns (AITR) for calendar year 2019.