Postings of additional securities deposit falling due in 2021 extended until December 23, 2021

16 Dec 2021

This Tax Alert is issued to remind all concerned on the adjusted deadline for posting additional securities deposit and substitution of securities deposit of branch offices to align the same with the extended deadline for the Audited Financial Statements (AFS) pursuant to SEC MC No. 3 s 2021.

Amendments on VAT zero-rated sale of goods and services; VAT zero-rating incentive for registered business enterprises

15 Dec 2021

This Tax Alert is issued to inform all concerned on the amendments on VAT zero-rated sale of goods and services to registered business enterprises pursuant to Republic Act No. 11534, also known as the CREATE Act.

Reminder on renewal of 2022 LGU registration

10 Dec 2021

This Tax Alert is issued to remind all concerned on the required renewal of local government unit (LGU) registration for taxable year 2022.

Reminder on request for confirmation required for availing tax treaty benefits on 2020 and prior year income payments due on December 29, 2021

15 Nov 2021

This Tax Alert is issued to remind all concerned taxpayers on the requirement for availing tax treaty benefits as provided under Revenue Memorandum Order (RMO) No. 14-2021 and Revenue Memorandum Circular No. 77-2021.

PIC Financial Reporting Guidance (June 2021 Edition)

11 Nov 2021

This Accounting Alert is issued to circulate Philippine Interpretations Committee (PIC) June 2021 edition of the Financial Reporting Guidance (FRG).