2021 Tax Calendar

18 Dec 2020

Click on the attachment below to download the 2021 Tax calendar

Circular No. 2020-032: Guidelines for the Implementation of the Mandatory Provident Fund (MPF) Program for SSS Members

17 Dec 2020

Pursuant to Social Security Commission (SSC) Resolution No. 458-s.2020 dated 09 September 2020, approving the implementation of the Mandatory Provident Fund (MPF) Program for SSS members

Suspension of BIR audit and field operations from December 15, 2020 to January 7, 2021

15 Dec 2020

This Tax Alert is issued to inform all concerned on the suspension of field audit and field operations of the Bureau of Internal Revenue (BIR) starting December 15, 2020 until January 7, 2021 relative to examinations and verifications of taxpayers’ books of accounts, records and other transactions.

Clarifications and streamlined procedures in the issuance of Tax Residency Certificate by the BIR

15 Dec 2020

This Tax Alert is issued to inform all concerned on the streamlined procedures in the issuance of Tax Residency Certificate (TRC) by the Bureau of Internal Revenue (BIR) and other clarifications regarding the requirement of securing TRC by concerned taxpayers.

Discussion Paper 'Business Combination under Common Control'

10 Dec 2020

This Accounting Alert is issued to circulate the discussion paper by the International Accounting Standards Board (IASB) on 'Business Combination under Common Control' for public consultation on possible accounting requirements of acquisitions involving the same group. These acquisitions are commonly known as business combination under common control (BCUCC).