NOLCO from 2020 and 2021 can be carried over for the next 5 years

02 Oct 2020

This Tax Alert is issued to inform all concerned on the longer period for claiming net operating losses carry over (NOLCO) from taxable years 2020 and 2021.

Repeal of Tax on Shares of Stock Sold or Exchanged Through IPO

02 Oct 2020

This Tax Alert is issued to inform all concerned on the implementing rules and regulations of the repeal of the tax on Initial Public Offering (IPO) of shares of stocks under the Bayanihan to Recover as One Act (Republic Act No. 11494) or the Bayanihan II.

DST exemption of loan term extensions and credit restructuring pursuant to relief for loans falling due on or before December 31, 2020

02 Oct 2020

This Tax Alert is issued to inform all concerned on the exemption from documentary stamp tax (DST) of loan term extensions or credit restructuring pursuant to Bayanihan to Recover as One Act (Republic Act No. 11494) or the Bayanihan II.

September 2020 Issue

29 Sep 2020

Click on the attachment to read the September 2020 issue of the Tax brief: a monthly publication about developments in Philippine taxation.

COVID-19 Going Concern Considerations

18 Sep 2020

This Accounting Alert is issued to provide guidance in improving disclosures on going concern.