Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act

30 Mar 2021

This Tax Alert is issued to inform all concerned on the significant provisions of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act or Republic Act (RA) No. 11534 as approved by President Rodrigo Duterte.

Out-of-district filing and payment of taxes allowed until April 30, 2021

30 Mar 2021

This Tax Alert is issued to inform all concerned on the relaxed rules on the filing and payment of taxes until April 30, 2021.

Extended deadline for VAT refund application falling due on March 31, 2021; suspension of 90-day processing period

26 Mar 2021

This Tax Alert is issued to inform all concerned taxpayers on the extended deadline for filing of application and suspension of the 90-day processing period for value-added tax (VAT) refund applications.

Guidelines on the Electronic Submission of the 2020 Annual Statement of Life Insurance Companies, Life Units of Composite Insurance Companies and Mutual Benefit Associations

26 Mar 2021

This Accounting Alert is issued to circulate Insurance Commission (IC) Circular Letter (CL) 2021-17 dated March 16, 2021 and IC CL 2021-19 dated March 18, 2021, referred to herein as Circulars.

March 2021 Issue

18 Mar 2021

Click on the attachment to read the March 2021 issue of the Tax brief: a monthly publication about developments in Philippine taxation.