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Tax Exemption vs. Tax Amnesty

By: Atty. Keanu P. Castañeda on November 9,2023 Tax exemption and tax amnesty are two important concepts in Philippine taxation law, but they are often confused. It is important to understand the difference between the two. Tax Exemption is the condonation of a tax liability conferred upon...

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Proposed Amendments to the VAT Zero Rating Rules

By: Atty. Euney Marie Mata-Perez on October 26,2023 The amendments introduced by the Corporate Recovery and Tax Incentives for Enterprises (“CREATE”) Act, Republic Act (RA) No. 11534 dated March 26, 2021, and RA No. 10963, the Tax Reform for Acceleration and Inclusion (“TRAIN”) Law, to our National...

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Quo Warranto

By: Atty. Sarah T. Ganto on October 19,2023 Quo warranto is a remedy to assail an illegal intrusion into a public office or position (not a private one).  It is also the proper remedy when the State questions the existence of a de facto corporation or the unlawful exercise of a franchise...

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Serving of Warrants of Garnishments Via Email

By: Atty. Euney Marie J. Mata-Perez on October 5,2023. Recently, the Bureau of Internal Revenue (BIR) issued Revenue Regulations No. 11-2023 (the “Regulation”) dated September 14, 2023, which prescribes the use of electronic mail (e-mail) and electronic signature as additional mode of service...

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DIRECTORS’ DUTIES ON CLIMATE CHANGE

By: Atty. Euney Marie Mata-Perez on September 14,2023 I was just inducted as a member of NOWCD, the NextGen Organization of Women Corporate Directors,  the Philippine chapter of Women Corporate Directors International. Incorporated on September 24, 2021, NOWCD seeks to bring together...

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Safeguards of the Maharlika Investment Fund

By Euney Marie Mata-Perez on September 7,2023 Republic Act (RA) No. 11954  established the Maharlika Investment Fund (MIF) to strengthen the investment activities of the country’s top-performing government financial institutions and promote economic growth and social development. It...

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