Guidelines on Filing SEC Form 17-LC and 17-C Report

07 Apr 2020

This accounting alert circulates the adopted guidelines and procedures by the SEC for the filing of SEC Form 17-LC and 17-C report in lieu of reports previously required by SEC Memorandum Circular (MC) No. 5, s. 2020.

Available Tax Relief during the state of national emergency due to COVID-19

07 Apr 2020

This Tax Briefer is prepared to inform all concerned taxpayers on the available tax relief/ exemptions during the period of state of national emergency due to COVID-19 as provided in the Bayanihan to Heal as One Act (RA 11469), and implemented in RR Nos. 06 – 08, 2020, RMO No. 10-2020, RMC No. 35-2020, and CAO No. 07-2020.

COVID-19: Financial Reporting and Disclosures

06 Apr 2020

This accounting alert is issued to provide detailed consideration of assessing the financial impact and required disclosures in relation to COVID-19.

Reduction in Reserve Requirements

03 Apr 2020

This accounting alert provides a summary of Bangko Sentral ng Pilipinas (BSP) Circular No. 1082 for the reduction in the reserve requirement ratios of deposit and deposit substitutes.

Extended deadlines of payment for local business tax, real property tax, and other taxes/fees in certain local government units (LGUs) (as of April 3, 2020)

03 Apr 2020

This Tax Briefer is prepared to guide and assist taxpayers in their payment of local business tax (LBT), real property tax (RPT), and other taxes/fees in certain LGUs during the enhanced community quarantine period.