Amendments on the 2015 Implementing Rules and Regulations of the Securities Regulation Code (The "2015 SRC Rules") and SEC Memorandum Circular No. 16, Series of 2004 Relative to the Settlement Cycle from T+3 to T+2

08 Sep 2023

This Accounting Alert is issued to circulate Securities and Exchange Commission (SEC) Memorandum Circular (MC) No. 11-2023 dated August 11, 2023, Amendments on the 2015 Implementing Rules and Regulations of the Securities Regulation Code (The "2015 SRC Rules") and SEC Memorandum Circular No. 16, Series of 2004 Relative to the Settlement Cycle from T+3 to T+2.

Lack of exchangeability

07 Sep 2023

This Accounting Alert is issued to circulate the IFRS alert regarding the amendment of IAS 21, The Effects of Changes in Foreign Exchange Rates, to help users understand the impact of a lack of exchangeability on the financial statements.

2023年8月号

30 Aug 2023

2023年8月号 フィリピン移転価格税制:移転価格文書における機能・資産・リスク(FAR)分析

Revised BIR Form No. 2200-M is now available for download in BIR website (www.bir.gov.ph) under BIR Forms-Excise Tax Return Section

30 Aug 2023

This Tax Alert is issued to inform all concerned taxpayers, revenue officials and employees that the newly revised BIR Form No. 2200-M [Excise Tax Return for Mineral Products] January 2018 (ENCS) v2 hereto attached as Annex “A” is already available for download in BIR website (www.bir.gov.ph) under BIR Forms-Excise Tax Return Section.

Clarifications on VAT zero-rating of Registered Export Enterprises (REEs) and Other Entities Granted with VAT Zero-Rate Incentives under Special Laws and International Agreements

30 Aug 2023

This Tax Alert is issued to inform all concerned on the clarifications on the provisions of Revenue Regulations (RR) No. 3-2023 and certain issues and concerns pertaining to transactions with other entities granted with VAT zero-rate incentives on local purchases under special laws and international agreements.