- Revenue Memorandum Circular (RMC) 57-2015 – Submission of Inventory Lists and Other Reporting Requirement
- Revenue Memorandum Circular (RMC) 41-2015 - Documentary Requirements Necessary for the Registration of Labor Organizations, Associations, or Group of Unions or Workers under Section III (C) of Annex A of Revenue Regulations (RR) No. 7-2012.
- Revenue Memorandum Circular (RMC) 10-2015 – Filing of Income Tax Returns (BIR Form No. 1700) of Employees who belong to Employer identified as Large Taxpayer
- Revenue Memorandum Circular (RMC) 9-2015 – Enhanced BIR Registration Forms for the Implementation of Taxpayer Registration System (TRS) under Electronic Tax Information System (eTIS-1)
- Revenue Memorandum Order (RMO) 7-2015 – Revised Consolidated Schedule of Compromise Penalties for Violation of the National Internal Revenue Code
- Revenue Regulation (RR) 3-2015 - Implementing rules for the P82,000 tax exempt benefits
- MAPping the Future by: Atty. Benedicta Du-Baladad (Philippine Daily Inquirer) - Tax reform–When is the proper time? - 9 November 2015
- MAPping the Future by: Atty. Benedicta Du-Baladad (Philippine Daily Inquirer) - Understanding the PEACE Bond Decision - 16 March 2015
- Taxation of Insurance Companies in the Philippines, First Edition, 2014
- Philippine National Internal revenue Code of 1997 (As last amended by R.A. Nos 10351 and 10374), 2013
- Taxation of Banks and Non-Bank Financial Intermediaries in the Philippines, First Edition, 2010
- Tax Letter Asia Global Expatriate Services
- The signing of Memorandum of Agreement between the Management Association of the Philippines (MAP) and the 15th partner-in-mission, Du-Baladad and Associates Foundation Inc., for the Educated Marginalized Entrepreneurs Resource Generation Program.
- BDB Law Managing Partner Dick Du-Baladad facilitates forum on “Tracking ASEAN Integration” hosted by the Financial Executives of the Philippines (FINEX) last October 1, 2015. Part 1 of the forum is on Islamic banking while Part II is on credit informatio
- BDB Law Managing Partner and CEO Dick Du-Baladad was the moderator during the FINEX Week’s forum on “Competitiveness, Inclusive Growth and Sustainability”.
Welcome to Du-Baladad and Associates
Dynamism, coupled with their expertise and long years of experience in the field of taxation and corporate law, prompted Benedicta Du-Baladad and Fulvio D. Dawilan to establish Du-Baladad and Associates, or BDB Law. BDB Law is a growing medium-sized firm that provides competent legal representation and exceptional service in the areas of taxation and corporate law to its wide array of clients.
BDB Law’s associates are equipped with extensive training and experience in handling tax controversies before the Court of Tax Appeals, the regular courts, the Bureau of Internal Revenue, and the Department of Finance. They are highly competent in providing tax and corporate advisory services to the firm’s multi-sectoral clients and assisting them as they work to achieve complex legal, business and financial goals.
The firm is dedicated to ensuring responsive, and high-quality service that is delivered with the strict adherence to the highest ethical standards.
BDB Law takes pride in its commitment to balance both the interests of its clients and that of the community.
We welcome you to our website. Please feel free to contact us to learn more about our services.
In the recent WTS 2015 Asia-Pacific Symposium held in Manila which was hosted by BDB Law, the WTS alliance showcased its strength as a global provider of cross-border tax solutions involving multi-jurisdictional transactions and concerns.
The impressive, up-to-date and relevant presentations of the panel of WTS experts from 8 countries in the Asia Pacific region (including Australia, China, Japan, Singapore, Thailand, Vietnam and the Philippines), showed their vast knowledge of the subject and a deep understanding of the practical considerations when applied to actual situation.
For this year’s symposium, we have selected the following topics for discussion:
- The ASEAN Economic Community (AEI) which will have its official kick-off by end of this year 2015. The AEI is aimed to integrate the economies of 10 ASEAN countries as a single regional block where there is a free flow of goods, services, investment, capital and labor;
- The Asia-Pacific’s program for the OECD’s Base Erosion and Profit Shifting (BEPS) especially in the light of the requirement to provide a country-by-country reporting. This was discussed by Sharon Arasu-Koh of WTS Australia;
- A discussion on the current trends in tax enforcement in each country especially from an international tax perspective; and
- A country presentation on the comparative investment incentives to give the audience an idea of what each country can offer to investors.
From the presentations, I noted the following developments in the international tax arena which we should be aware of:
- An increasing use of spontaneous or automatic exchange of information between countries in contrast to the old norm where information is supplied only upon request of a treaty party. This means that there is more likelihood that untaxed income kept offshore will be captured.
- Countries like China and Australia have started adopting the OECD’s BEPS and this may force other countries in the region to follow suit. The BEPS, which requires a country-by-country reporting, is meant to give countries their fair share in revenues especially those from digital transactions.
- Transfer pricing is still a focus area of almost all the countries.
- There is noted trend to shift from income tax to consumption tax. In many countries, there are pending legislations or initiatives to reduce income tax rates and push towards increasing indirect taxes.
- Competitive investment schemes, in various forms, are still offered in most countries.
Overall, it was a very informative and engaging forum.
Managing Partner and CEO