Relaxed rules in tax filings and payments in areas under Alert Level 3 classification

11 Jan 2022

This Tax Alert is issued to inform all concerned taxpayers on the following relaxed rules on the tax filing and payment for taxpayers in areas covered by Alert Level 3 classification due to COVID-19:

Revised Rules and Procedures for Prudential Reporting Requirements and On-site Examination/Off-site Verification for Insurance and Reinsurance Brokers

11 Jan 2022

This Accounting Alert is issued to circulate Insurance Commission (IC/Commission) Circular Letter (CL) No. 2021-65 dated November 5, 2021 applicable to IC-accredited insurance and/or reinsurance brokers and its external auditors.

Extended statutory deadlines for areas affected by Typhoon Odette; out-of-district filing and payment allowed

10 Jan 2022

This Tax Alert is issued to inform all concerned on the extended statutory deadlines and out-of-district filing and payment for taxpayers within the jurisdiction of Revenue Regions (RR) and Revenue District Offices (RDO) that were adversely affected by Typhoon Odette.

Republic Act No. 11635: Proprietary educational institutions are subject to 10% preferential income tax rate (1% from July 1, 2020 to June 30, 2023)

10 Jan 2022

This Tax Alert is issued to inform all concerned on the amendment in National Internal Revenue Code relative to the income tax rate applicable to proprietary educational institutions.

2022 Tax Calendar

28 Dec 2021

As we set off on a brand-new year filled with possibility, we are please to announce that our 2022 Tax Calendar is now available for download. With the theme of Go Beyond the Normal, we hope the images included in the calendar provide inspiration for its viewers to place utmost effort in their passions and communities.