The Revised Corporation Code

04 Mar 2019

This tax alert is issued to inform all on the salient provisions of the Act providing for the Revised Corporation Code (RCC) of the Philippines signed by the President on February 20, 2019.

The Tax Amnesty Act

19 Feb 2019

This Tax Alert is issued to inform all concerned of the salient provisions of the Tax Amnesty Act signed last February 14, 2019 together with the veto message of the President.

Updated Withholding Tax Rates on MERALCO payments and interest on loans

12 Feb 2019

This Tax Alert is issued to inform all on the updated creditable/expanded withholding tax rates on (1) payments by MERALCO and other electric distribution utilities, and (2) interest income on debt instruments not classified as deposit substitutes.

New Annual Income Tax Return for Individuals availing OSD and 8% Income Tax Rate

08 Feb 2019

This Tax Alert is issued to inform all concerned on the newly issued Annual Income Tax Return (BIR Form 1701A) pursuant to Revenue Memorandum Circular No. 17-2019.

New annual income tax and capital gains tax returns

07 Feb 2019

This Tax Alert is issued to inform all concerned on the newly issued annual income tax returns (BIR Form Nos. 1700, 1702-RT and 1701-EX) and capital gains tax return (BIR Form No. 1707).