By: Atty. Rey Christian M. Guintibano on July 30, 2026 IN the recent case Tayam v. Recto, the Supreme Court ruled that Republic Act 12079, a law providing value-added tax (VAT) refund to foreign tourists, does not violate the constitutional right to equal protection of laws. In the case, Tayam...

By: Atty. Euney Marie J. Mata-Perez on July 23, 2026 The Supreme Court can exercise its power of judicial review only when the following requisites are met: (1) the existence of an actual and appropriate case; (2) a personal and substantial interest of the party raising the constitutional question;...

By: Atty. Mary Grace S. Tejada on July 16, 2026 THE income tax exemption of electric cooperatives has long been the subject of legislative developments and was recently revisited by the Court of Tax Appeals (CTA) en banc in the Commissioner of Internal Revenue v. Misamis Oriental Rural Electric...

By: Atty. Rey Christian M. Guintibano on July 9, 2026 WHEN can a taxpayer claim that a tax was erroneously paid and demand its return? Section 229 of the Tax Code allows a taxpayer to seek a refund of taxes or amounts erroneously or illegally assessed or collected, any penalty claimed to have...

By: Atty. Keshia Daniell L. Valencia on July 2, 2026 WITH high demand for condominium units, especially by employees working in cities, these residential spaces remain a promising investment in the Philippines. This article discusses compliance with issuances of the Bureau of Internal Revenue...

By: Atty. Lew Earvin H. Manarin on June 25, 2026 LAST May 28, 2026, the Philippines and Japan signed a new tax convention that will replace the convention governing tax relations between the two countries since 1980 and which was partially updated in 2008. It marked the first comprehensive overhaul...

By: Atty. Mary Grace S. Tejada on June 18, 2026 THE Securities and Exchange Commission (SEC) has intensified its efforts to strengthen corporate governance standards and enhance regulatory oversight across publicly listed companies and market participants in the Philippines. Toward this end, it...

By: Atty. Euney Marie J. Mata-Perez on June 11, 2026 THE quorum issue is very much in discussion today because of the controversy in our Senate. In this article, we revisit the concept from a corporation law perspective. The term “quorum” has been defined as “that number of members of the body...

By: Atty. Xela Leona D. Laqui on June 4, 2026 AS business transactions become more complex, disputes between parties are becoming increasingly common. Traditionally, these were resolved through court litigation. However, litigation can be time-consuming, expensive and open to the public. Because...