Category: Accounting and Tax Filing

In November, 2020, the Senate passed SB 1357, or the CREATE bill (Corporate Recovery and Tax Incentives for Enterprises Act), a new proposed law that

As a business owner, it’s important to understand the Bureau of Internal Revenue’s (BIR) Form 2303 and how necessary it is for your business’ operations.

All companies opening a business in the Philippines are subject to corporate income tax. Knowing which taxes can impact on your company will help you

Business Process Outsourcing (BPO) revenue in the Philippines is expected to grow 9% each year until 2022. Although the country is primarily known for voice

President Rodrigo Duterte signed the Tax Amnesty Act for Delinquent Payers (Republic Act No. 11213) on February 14, 2019. The law took effect on March

In November 2018, the senate approved the Tax Amnesty Bill, which is designed to generate at least P36 billion in revenue that could fund the

Non-residents who are engaged in business or a trade and are receiving income from sources within the Philippines are required to file an income tax

The Bureau of Internal Revenue’s RR No. 8-2018 consists of guidelines and provisions on how income taxes for mixed income earners are computed under the

As we enter the fifth month since Republic Act No. 10963 (TRAIN Law) was implemented, the Bureau of Internal Revenue (BIR) released RR No. 11-2018

Local business taxes are one legal aspect that you need to become familiar with if you’re starting a business in the Philippines. Republic Act 7160