best law firms in the philippines | law firms in makati

best lawyers in the philippines

tax lawyer philippines

labor lawyer philippines

immigration attorney philippines

corporate attorney

legal services philippines
special power of attorney philippines
Written on September 16, 2021
By Aziza Hannah Bacay on September 16, 2021 The Bureau of Internal Revenue (BIR) has the power to ascertain the correctness of the returns filed by the taxpayers and to determine any liability for internal revenue tax. Corollary to such power, the BIR is empowered and has the authority to...
Written on September 9, 2021
By Euney Marie Mata-Perez on September 9, 2021 RECENTLY, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) 97-2021, reminding social influencers about their tax obligations. It reminded them to register as taxpayers and report their income properly, as well as provided illustrative examples on how they should...
Written on September 2, 2021
By Aziza Hannah Bacay on September 2, 2021 As part of its collection efforts, the Bureau of Internal Revenue (BIR) can use summary administrative remedies such as warrants of distraint and/or levy (WDLs) against delinquent taxpayers. Implementation of these presupposes that the taxpayer failed to pay the assessment despite the...
Written on August 26, 2021
By Mark Anthony Tamayo on August 26, 2021 It is the basic duty and responsibility of every taxpayer and importer to provide truthful tax returns and import declarations. Taxpayers are responsible for accurately determining their taxable incomes, computing their tax liabilities and submitting their tax returns in accordance with the...
Written on August 19, 2021
By Nica Marsha Gasapo on August 19, 2021 The Bureau of Internal Revenue (BIR) recently issued Revenue Regulations (RR) 13-2021, which implement amendments to the National Internal Revenue Code of 1997’s (the “Tax Code”) penalty provisions as amended by Republic Act 10963 or the Tax Reform for Acceleration and Inclusion (Train) Law. The Train Law amended...
Written on August 12, 2021
By Euney Marie Mata-Perez on August 12, 2021 To the relief of many taxpayers, Republic Act (RA) 11569 was passed amending RA 11213 (Tax Amnesty Act) and extending the availment of the tax amnesty to June 14, 2023. In accordance thereto, the Bureau of Internal Revenue (BIR) issued Revenue Regulations...
Written on August 5, 2021
By Ellaine Anne Bernardino on August 5, 2021 Corporations engaged in business activities reserved for Philippine nationals where foreign equity shall be limited to that prescribed by the Constitution and other existing laws are also known as wholly or partially nationalized corporations. Accordingly, the election of foreigners into the Board...
Written on July 29, 2021
By Euney Marie Mata-Perez on July 29, 2021 I cannot not write about this, because the nation is still in euphoria, and so am I. It took a woman and a fellow Zamboangueño, Hidilyn Diaz, to bag our country’s first-ever Olympic gold medal. Her victory was not accidental. It was...
Written on July 22, 2021
By Euney Marie Mata-Perez on July 22, 2021 There have been so many discussions on the promulgation of Revenue Regulations 9-2021 (RR 9-2021) that implemented certain amendments introduced by Republic Act (RA) 10963 or the “Tax Reform for Acceleration and Inclusion” (Train) Law to Sections 106(A)(2)(a) and 108(B) of the...
Copyright © 2021 | MTF Counsel | Powered by: iManila