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The Philippine government imposes different types of withholding taxes that businesses should remit to the BIR. One of the common issues that the BIR includes in their tax assessment is deficiency withholding tax due to alleged non-compliance to withholding tax rules. But worry no more as we will help you navigate the world of withholding […]

Boosting the Philippine Creative Industries

Republic Act 11904 or ‘The Philippine Creative Industries Development Act’ Republic Act (R.A.) 11904 or ‘The Philippine Creative Industries Development Act,’ which was passed into law on July 27, 2022, mandates the promotion and development of Philippine creative industries by protecting and strengthening the rights and capacities of creative firms, artists, artisans, creators, workers, indigenous […]

Caseware Orientation and FS Preparation

To All Employees: On November 18, 2022, our Firm will conduct a series of webinars on the following topics: a.Caseware Orientation; andb. Things to Consider: Financial Statements Preparation. We have invited speakers for each topic, namely Mr. Ken Chan and Mr. Andrew F. Loteyro. Register now at  Thank you!

Boon or Bane? Invoicing Requirements in the Digital Era (and Other 2022 Year-ender Tax Updates)

As they say, digitalization is the way of the future. And that future is unfolding now. As a perfect example, the Bureau of Internal Revenue’s digital transformation is now in full swing. One of its projects, pursuant to TRAIN Law, is the implementation of e-invoicing or e-receipting. In relation to that, we want to keep […]