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Discover the Purple Difference
Since 1988, P&A Grant Thornton has been establishing corporate milestones with its loyal clients, which has helped assert itself as a leading professional services firm in the country.
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Outstanding accounting students shine at the 27th SOASP Grand Finals

27th Search for Outstanding Accounting Students of the Philippines

History has been made as a new champion emerges at the 27th Search for Outstanding Accounting Students of the Philippines (SOASP).

7 min read |

Taxation of the blooming Philippine entertainment industry

Let's Talk Tax

Naturally, where income flows, taxes follow. As the industry continues to thrive, understanding how income earned by each participant in this ecosystem is taxed under Philippine law becomes essential, not only for regulatory compliance but also for fostering the industry’s long term sustainability.

8 min read |

The subtle tax on good borrowers

From Where We Sit

In credit risk, adverse selection is usually discussed in the context of underwriting.

6 min read |

RMC No. 30‑2026: Deadline for the filing of 2025 Annual Income Tax Returns and payment of the corresponding tax due thereon extended until 15 May 2026

Tax Notes

The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 30‑2026 on 14 April 2026, extending the deadline for the filing of the 2025 Annual Income Tax Returns (AITRs), the payment of the corresponding income taxes due thereon, and the submission of required attachments from 15 April 2026 to 15 May 2026.

2 min read |

Balancing the Sheet: Fiscal adequacy in quandary on excise tax

Let's Talk Tax

With an international conflict thousands of miles away turn into an on-the-ground daily battle of survival, the Philippine Congress passed Republic Act No. 12316 aimed at providing responsive actions to the ongoing energy crisis.

7 min read |