VAT ZERO-RATING INCENTIVES FOR REGISTERED BUSINESS ENTERPRISES
Amendments on the VAT zero-rating of local purchases of goods andservices by Registered Business Enterprises (RBEs) which should be useddirectly and exclusively for the registered project or activity Revenue Regulations (RR) No. 21-2021 issued on December 07, 2021 VAT zero-rating on local purchases shall be coterminous with the income tax incentives of Registered Business Enterprise […]
Global tax receipts fall by nearly half a trillion dollars during pandemic
Tax receipts from around the world have fallen by nearly $500bn in real terms to $11.7tn during the Covid-19 pandemic, down from $12.1tn the year before*, which may force Governments to make unprecedented tax increases to make up for losses, reveals a new study of tax revenues worldwide by UHY, the international accountancy network. UHY’s […]
Here’s What You Need to Know About Axie Infinity Taxes.
Creator of BABYLON2k.org to recognize digital movers in inaugural Innovation Summit
by: Renton Martinez Revolutionary accounting platform Babylon2k.org (B2k), developed by the Institute of Leadership, Entrepreneurship and Development Inc. (i-LEaD), shall gather digital movers and disruptors in an event dubbed as the “P-Innovator Summit” to be slated this December of 2021. i-LEaD is an organization created with the purpose of initiating advanced practices and the pursuit […]
PEZA Memorandum Circular No. 2021-051
Guidelines Monitoring the Compliance with the Conditions Prescribed Under Fiscal Incentives Review Board (FIRB) Resolution No. 19-21 on the Work from Home Arrangement for Registered Business Enterprises (RBES) in the IT-BPM Sector The Fiscal Incentives Review Board (FIRB) issued a Memorandum dated 09 September 2021 to all Investment Promotion Agencies (IPAs) and Registered Business Enterprises […]