Diaz Murillo Dalupan and Company

News

Bro. Luis @ 90

“So his [Luis] passion for his Accountancy profession, his dedication to honesty, honor and humility, he turned

with greater fervor to passion for clothing the naked,

giving drink to the thirsty and ministering to the needy.”

- Artemio V. Panganiban

Retired Chief Justice of the Philippines

DMD 53rd Anniversary Fun Run

“Dedicated, Motivated, and Dynamic” – These are the words that marked the 53 year celebration of Diaz Murillo Dalupan and Company (DMD and Co.) at One Esplanade, Pasay City last May 25, 2012.

Updates

Year-End Tax Reminders 2012

Registration of Books of Accounts
Local Business Permits and Licenses
Refund of excess taxes withheld
Annualization of Withholding Taxes of Employees
Inventory List
Tenants Profile
List of Regular Suppliers
Annual Registration Fee
Annual Tax Certificates
SEC Guidelines in the Filing of Audited Financial Statements

File:

Year-end reminders 2012.pdf

Doing Business in the Philippines

TYPES OF BUSINESS ORGANIZATIONS

There are several types of business enterprises an investor can choose from in establishing operations in the Philippines.

File:

Doing business in the Philippines 12 20 12.pdf

Tax Alerts - (August 2012)

A non-stock non-profit corporation organized for charitable purpose is exempt from tax on its income received

by it as a beneficiary society, order, or association under Section 30 (C) of the Tax Code.

File:

Tax Alerts - August 2012.pdf

Tax Alerts - (September 2012)

Data Privacy Act of 2012.
Instance where rental payments of PEZA Registered Entity is tax exempt.
Sale of franchise constitutes sale of intangible not subject to creditable withholding tax.
Proceeds from sale of property owned by a tax exempt corporation is considered income from its properties subject to tax

File:

Tax Alerts - September 2012.pdf

Tax Alert - Securities and Exchange Commission’s (SEC) Mandate and Functions

Securities Regulation Code (RA 8799)

Corporation Code of the Philippines (BP68)

PD 902-A as amended (except forsections repealed by RA 8799)

Investment Houses Law (PD 129 as amended by RA 8366)

File:

Tax Alerts(February 2012).pdf

TAX Alerts

Penalty for Failure to Separately Indicate VAT in OR’s or Invoices.

Right to be Informed of the Facts and the Law on Which Assessment is Based.