best law firms in the philippines | law firms in makati

By: Euney Marie J. Mata-Perez on November 30,2023 There is a big difference between protesting an assessment and claiming for refund of erroneously paid local business taxes (LBT).  The remedies for each action are sets out in separate sections of the Local Government Code of 1991 (LGC).  Under Section 195...

By Stefan Miguel Raymundo Del Rosario on November 23,2023 Republic Act No. 11576 (RA 11576) was enacted 2021, amending Batas Pambansa Blg. 129 or the Judiciary Reorganization Act of 1980 (BP 129), by revising and increasing the jurisdiction thresholds of the Regional Trial Court (“RTC”) and First-Level Courts, i.e., the...

By: Atty. Lew Earvin H. Manarin on November 16,2023 In line with the Supreme Court’s drive to decongest the dockets of lower courts and to promote efficiency in an increasingly digitalized legal system, it issued the “Guidelines on Submission of Electronic Copies of Pleadings and other Court Submissions being filed...

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 to persons or...

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 Internal Revenue Code...

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...

By: Atty. Cara Angela N. Flores on October 12,2023 Under Section 30(E) of the Tax Code, nonstock corporation or association organized and operated exclusively for religious, charitable, scientific, athletic, or cultural purposes, or for the rehabilitation of veterans are exempt from income tax as long as no part of its...

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 of Warrants of Garnishment (WGs). The Regulation...

By: Atty. Xela Leona D. Laqui on September 21,2023 Republic Act (RA) No. 11956 was passed amending RA No. 11213, the Estate Tax Amnesty Act, to extend the period to avail the estate amnesty tax for another two years or until June 14, 2025. Significantly, it also expanded the coverage...