Weekly Tax Updates[September 02-6, 2019]

PERPETUAL TAX EXEMPTION OF ELECTRIC COOPERATIVES + MOST RECENT UPDATE ON CITIRA & GROSS TAXATION SCHEME Relevant Highlights:COURT OF TAX APPEALS (CTA) DIGESTSTAX & BUSINESS-RELATED NEWS [SEPTEMBER 18-27] I. CTA DIGESTSNon-Revalidation Of Letter Of Authority...

Weekly Tax Updates[August 26-30, 2019]

CITIRA SAGA + SEC RAISES RED FAG ON REVIVAL OF KAPA + HOUSE APPROVED ON 3RD & FINAL READING CITIRA BILL + CABINET TEAM TO STUDY PROPOSED SHIFT TO GROSS TAXATION Relevant Highlights:BIR MEDIA RELEASESBIR REVISED REGULATIONS ON THE COVERAGE OF BASIC COMMODITIES...

Weekly Tax Updates[August 16-20, 2019]

HOUSE OKS ON 2ND READING BILL LOWERING CORPORATE TAX & FIXING INCENTIVES + HOUSE APPROVES ENTRY OF FOREIGN PROFESSIONALS + DUTERTE WANTS TO REMOVE CUSTOMS BROKERS & CHANGE TAX DUES COMPUTATION Relevant Highlights:SEC LEGAL OPINION DIGEST ON APPLICABILITY OF...

Weekly Tax Updates[August 12-16, 2019]

UPDATES ON THE TAX REFORM PROPOSAL PACKAGE 2 Relevant Highlights:UPDATES ON THE TAX REFORM PROPOSALS PACKAGE 2TAX & BUSINESS-RELATED NEWS [SEPTEMBER 3-6] I. UPDATES ON THE TAX REFORM PROPOSALS PACKAGE 2On August 14, 2019, the House Committee on Ways and Means...

Weekly Tax Updates[August 5-9, 2019]

BIR FILES TAX EVASION RAPS VS. WIFE OF KAPA FOUNDER + UPDATES ON THE REMAINING TAX REFORM PROPOSALS + WHAT IS NEW UNDER CITIRA BILL Relevant Highlights:SEC PROHIBITS UNFAIR DEBT COLLECTION PRACTICES OF FINANCING & LENDING COMPANIESCOURT OF TAX APPEALS (CTA)...