By Nica Marsha Gasapo on May 12, 2022
The National Internal Revenue Code, as amended (Tax Code), imposes a transaction tax on the sale, barter, exchange or other disposition of shares listed and traded through the local stock exchange (other than the sale by a dealer in securities) at the rate...
By Ramon Vaughn Dy III on May 5, 2022
From the largest conglomerates to the smallest start-ups, all have at least one thing in common: they are managed by some form of governing body, mostly by a board of directors. With the exception of a one-person corporation, firms have a board that exercises...
By Gwendolyn Ann Banaria on April 28, 2022
The Supreme Court, in the case of Commissioner of Internal Revenue (CIR) vs Avon Products Manufacturing Inc. (decided on Oct. 3, 2018), held that the giving of a fair and reasonable opportunity to be heard is not the only aspect of due process in tax...
Gladys Jane M. Dela Cruz
Associate
T: (63 2) 8831-1297M: (63) 917-314-1247
Unit 1002, One Corporate Plaza845 A. Arnaiz Avenue, Legaspi VillageMakati City 1229, Philippines
gladys.delacruz@mtfcounsel.com
Gwendolyn Ann I. Bañaria
Junior Associate
T: (63 2) 8831-1297M: (63) 920-978-7357
Unit 1002, One Corporate Plaza845 A. Arnaiz Avenue, Legaspi VillageMakati City 1229, Philippines
gwen.banaria@mtfcounsel.com
Ramon Vaughn F. Dy III
Junior Associate
T: (63 2) 8831-1297M: (63) 936-357-0490
Unit 1002, One Corporate Plaza845 A. Arnaiz Avenue, Legaspi VillageMakati City 1229, Philippines
ramon.dy@mtfcounsel.com
By Ellaine Anne Bernardino on April 21, 2022
As the May 2022 national elections fast approaches, Filipino voters should take this time to intelligently consider which candidate has the most promising platform, the ideal character and relevant track record to better the country.
Political candidates...
We are happy to be sending to you a copy of our new Tax Journal which highlights significant BIR issuances, Court Decisions, and other relevant issuances from other government agencies.
Should you have questions on the above article, please do not hesitate to let us know or email us at info@mtfcounsel.com.
Thank...
This is to remind you that under Revenue Memorandum Order (RMO) No. 14-2021, a request for confirmation on the application of the relevant income tax treaty rate shall be made at any time after the payment of withholding tax, but shall not be later than the last day of the fourth month following...