By: Atty. Euney Marie J. Mata-Perez on February 15,2024
In their position paper dated February 13, 2024, representatives of certain private sector groups requested Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui to review, revisit, and reconsider the provisions of Revenue Memorandum...
By: Atty. Nica Marsha V. Gasapo on February 8,2024
The Financial Rehabilitation and Insolvency Act (“FRIA”) or Republic Act No. 10142 was enacted with the aim of offering debtors an avenue to preserve and maximize the value of their assets and prioritize claims; and, at the same time, ensuring...
By: Atty. Euney Marie J. Mata-Perez on February 2,2024
In my interview with Business Outlook last Thursday, January 24, 2024, I was asked if we are competitive as a country from a taxation point of view. I mentioned that while there have been efforts, through tax reforms, to make the Philippines...
By: Atty. Euney Marie J. Mata-Perez on January 25,2024
In its Revenue Memorandum Circular No. 5-2024 (RMC 5-2024), the Bureau of Internal Revenue (BIR) is espousing new rules regarding the situs or source of income.
RMC 5-2024 sprung from the decision of the Supreme Court in Aces Philippines...
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...
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...
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...
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...
By: Atty. Euney Marie J. Mata-Perez on January 18,2024
In taxation of foreign corporations in the Philippines, the determination of source of income is key, and this determination has taken a significant turn lately.
Taxation is an inherent power of sovereignty of a state. For a state to exercise...