News & Updates
Read more about the latest news and updates on the industry policies and upcoming deadlines to ensure up-to-date coverage.
Tax Implication of Donations
The catchphrase “Corporate Social Responsibility” has been popular in the business community for it stresses the importance of moral, ethical, and philanthropic responsibilities by giving donations to groups with special
Who do you think are entitled to 13th Month Pay?
13th Month Pay is a mandatory benefit provided to employees pursuant to Presidential Decree No. 851 which requires employers to grant 13th month pay to all its rank and file
Guidelines on the Number and Qualifications of Incorporators Under the Revised Corporation Code
Under Section 10 of RA No. 11232 An Act Providing for the Revised Corporation Code of the Philippines, states that it allows any person, partnership, corporation or association, singly or
Tax Reminders on Receipts
Tax Notes on Expiration of Principal and Supplementary Receipts and Invoices. – Did you know that a new Authority To Print (ATP) for principal and supplementary invoices and receipts should
Quick guide to eSales and what it means for your business
What is eSales and who are required to submit reports? The eSales System is the process of reporting the gross monthly sales of taxpayers electronically. The system automates the monitoring
Tax Definition of “Business Style”
Pursuant to Revenue Memorandum Circular (RMC) No. 55-2019 of the Bureau of Internal Revenue issued last May 21, 2019, hereby clarifies the business style to be indicated on the official
