Updated Withholding Tax Rates on MERALCO payments and interest on loans

12 Feb 2019

This Tax Alert is issued to inform all on the updated creditable/expanded withholding tax rates on (1) payments by MERALCO and other electric distribution utilities, and (2) interest income on debt instruments not classified as deposit substitutes.

New Annual Income Tax Return for Individuals availing OSD and 8% Income Tax Rate

08 Feb 2019

This Tax Alert is issued to inform all concerned on the newly issued Annual Income Tax Return (BIR Form 1701A) pursuant to Revenue Memorandum Circular No. 17-2019.

New annual income tax and capital gains tax returns

07 Feb 2019

This Tax Alert is issued to inform all concerned on the newly issued annual income tax returns (BIR Form Nos. 1700, 1702-RT and 1701-EX) and capital gains tax return (BIR Form No. 1707).

Use of the New General Information Sheet (GIS) Form

31 Jan 2019

On 14 January 2019, the Securities and Exchange Commission (SEC) posted a Notice on the use of the new GIS form. Effective 01 March 2019, the SEC will only accept the new GIS form which includes the beneficial ownership information. The new GIS form can be downloaded from the SEC website at the following link:

Use of the New General Information Sheet (GIS) Form

31 Jan 2019

On 14 January 2019, the Securities and Exchange Commission (SEC) posted a Notice on the use of the new GIS form. Effective 01 March 2019, the SEC will only accept the new GIS form which includes the beneficial ownership information. The new GIS form can be downloaded from the SEC website at the following link: