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By Atty. Euney Marie Mata-Perez on February 16, 2023 POWER costs in the Philippines are very high, affecting foreign direct investments into the country. During an economic briefing for members of the Management Association of the Philippines last Feb. 8, 2023, Albay Rep. Jose Maria Clemente “Joey”...

By Euney Marie Mata-Perez on February 9,2023 REPRESENTING the Management Association of the Philippines as the incoming chairman of its tax committee, I attended a meeting of the Senate Committee on Ways and Means technical working group on the proposed “Ease of Paying Taxes Act” last...

By Euney Marie Mata-Perez on February 2,2023 THE original deadline to avail of the estate tax amnesty — June 15, 2021 — was extended for two years when Republic Act (RA) 11569 was signed into law on June 30, 2021, amending RA 11213, or the “Tax Amnesty Act of 2019.” To date, no...

By Nica Marsha Gasapo January 26, 2023 The Bureau of Internal Revenue (BIR) recently issued Revenue Memorandum Circular (RMC) 6-2023 dated January 16, 2023. It circularized certain advisory opinions of the National Privacy Commission (NPC) that upheld the BIR’s power to obtain personal information/sensitive...

By Euney Marie Mata-Perez on January 19,2023 It is about time that the Philippines adopts a taxpayer’s charter or bill of rights. We are currently taking steps in the right direction since several measures proposing to enumerate taxpayer’s rights are pending approval. The filing of...

By Euney Marie Mata-Perez on January 5, 2023 HAPPY New Year everyone! In our first article of the year, we revisit the basic tenet of due process in tax assessments as upheld by numerous court decisions in the year 2022. While taxes are the life blood of a nation, and taxpayers have the duty...

By: Ramon Vaughn Dy III on December 29,2022 PURSUANT to the request of the Department of Energy (DoE), the Department of Justice (DoJ) issued a legal opinion that revisited foreign investment limits in the exploration, development and utilization (EDU) of solar, wind, hydro and ocean/tidal energy...

 By Euney Marie Mata-Perez on December 1, 2022 THE Covid-19 pandemic has revolutionized work habits. It made work-from-home (WFH) arrangements viable and even preferred by certain sectors and employees. Employers, particularly those in the information technology-business process management...