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OUR VISION

NEW MATERIAL RELATED PARTY TRANSACTION DISCLOSURE RULES

By: Euney Marie J. Mata-Perez on May 23, 2019

To promote good governance and protect minority stockholders, the Securities and Exchange Commission (SEC) recently issued Memorandum Circular No. 10, Series of 2019, promulgating the Rules on Material Related Party Transactions for Publicly-Listed Companies. The rules became effective on April 27, 2019.

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CHINA’S BELT AND ROAD INITIATIVE AND TAX ADMINISTRATION

By: Euney Marie J. Mata-Perez on May 16, 2019

The Asia-Oceana Tax Consultants’ Association, as represented by its President, Atty. Euney Marie J. Mata-Perez, attended as an observer of the first Conference of the Belt and Road Initiative Tax Administration Cooperation Forum (BRITACOF) hosted by the State Taxation Administration of the People’s Republic of China on 18-20, April, 2019 in Wuzhen, Zhejiang Province, China. The forum was well-attended by 350 delegates from representatives of tax administrations or finance departments from 85 jurisdictions, 16 international organizations, and a number of academic institutions and businesses.

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CHINA’S BELT AND ROAD INITIATIVE AND TAX ADMINISTRATION

By: Euney Marie J. Mata-Perez on May 16, 2019

China’s Belt and Road Initiative (BRI) is a development strategy adopted by the Chinese government involving infrastructure development and investments in various countries and international organizations in Europe, Asia, Middle East, Latin America and Africa. “Belt” refers to the overland routes for road and rail transportation, called “the Silk Road Economic Belt”. “Road” refers to the sea routes, or the 21st Century Maritime Silk Road.

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BOOSTING PHILIPPINES STARTUPS

By: Samantha L. Poblacion on May 10, 2019

The Philippine startup community awaits with bated breath for the approval of the Innovative Startup Bill. According to a senate press release in May 2018, the bill will provide support to innovative and tech startups, which pertain to businesses that provide unique and relevant solutions to pressing problems, such as transportation, financing, agriculture and healthcare

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A REVIEW OF PWDS’ LABOR, TAX BENEFITS

By: Nica Marsha Gasapo on May 2, 2019

Yesterday, May 1, was Labor Day and April was Autism Awareness Month. For today’s article, we will discuss Philippine laws geared toward the welfare and integration of persons with disability (PWDs). These laws seek to destroy social barriers that prejudice the rights of PWDs, especially in the workplace. The State, as parens patriae, endeavors equal treatment of individuals, disabled or not. However, whether such laws are properly implemented, or sufficient enough, is another story.

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TRADE REMEDIES AS A PROTECTIVE MEASURE

By: Mark Anthony P. Tamayo on April 25, 2019

(Last of three parts)
In last week’s article, we briefly discussed Republic Act (RA) No. 8752 (Anti-dumping Act) and RA No. 8751 (Countervailing Duty Act) as trade protection instruments, which can be used against unfair trade practices.

In this article, we define “subsidy” as an indispensable requirement in every countervailing protest case, as well as the forms of relief measures obtainable from the fact-finding authorities.

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PRACTICE AREAS

With a team approach that combines the tax, corporate, litigation and labor proficiency of our partners and lawyers, we provide holistic, practicable and hands-on assistance from the boardroom to the courtroom.

Contact Information

Our office address:

15/f Unit A. ACT Tower, H.V. Dela Costa St.
Salcedo Village, Makati City 1227 Philippines

Telefax: +632 831-1297

Telephone: +632 808-5375 • +632 815-0069

Email: info@mtfcounsel.com

Partners

Euney Marie J. Mata-Perez
euney.mata-perez@mtfcounsel.com

Mark Anthony P. Tamayo
mark.tamayo@mtfcounsel.com

Gerardo Maximo V. Francisco
gary.francisco@mtfcounsel.com