- 21. INSIGHTS March Issue 2022
- (Insights)
- ... acknowledged that PEZA Law is alive and that the cross-border doctrine that it spouses still thrives. The question is, will the PEZA law just play dead? ---------------------------------------------- ...
- Created on 05 April 2022
- 22. Cross-Border Doctrine is Dead
- (Business Mirror)
- ... acknowledged that PEZA Law is alive and that the cross-border doctrine that it spouses still thrives. The question is, will the PEZA law just play dead? The author is a senior partner of Du-Baladad ...
- Created on 15 March 2022
- 23. INSIGHTS January Issue 2022
- (Insights)
- ... to prove that the name appearing on the said document is an authorized representative of the taxpayer. Furthermore, the testimony of the revenue officer failed to establish that she has personal knowledge ...
- Created on 31 January 2022
- 24. INSIGHTS November Issue 2021
- (Insights)
- ... Contact Center ng Bayan, Anti-Red Tape Authority and other feedback mechanism channels shall be acknowledged within the same day or the next business day in case it was received by the Bureau on a weekend ...
- Created on 24 November 2021
- 25. A New Global Tax Regime (2nd of 2 Parts)
- (Other Articles)
- ... like the Philippines to implement and achieve the Pillar 2 objective of a minimum effective tax. The 2-pillar Blueprint acknowledges that both the Subject to Tax Rule and the Switch-Over Rule would require ...
- Created on 09 November 2021
- 26. INSIGHTS October Issue 2021
- (Insights)
- ... of taxes and duties or forfeiture of surety bond on laptops, desktops, or other assets that were not returned to the economic or freeport zones. Within 5 days from the knowledge of any violation of an ...
- Created on 21 October 2021
- 27. INSIGHTS July Issue 2021
- (Insights)
- ... default for failure to answer must meet three requisites, namely: (1) It must be made by motion under oath by one that has knowledge of the facts; (2) It must be shown that the failure to file answer ...
- Created on 11 August 2021
- 28. Successful Implementation of an Enhanced VAT Refund System
- (Business Mirror)
- ... procedures as set forth under RMO 47-2020. In his Veto message on some provisions of the CREATE Law, the President himself acknowledged that it is administratively difficult for the BIR to implement ...
- Created on 20 July 2021
- 29. INSIGHTS May Issue 2021
- (Insights)
- MAY • VOL. 5 • SERIES OF 2021 INSIGHTS is a monthly publication of BDB LAW to inform, update and provide perspectives to our clients and readers on significant tax-related ...
- Created on 04 June 2021
- 30. INSIGHTS April Issue 2021
- (Insights)
- ... working days upon acknowledgement of application with complete attachment of documentary requirements. Verification on any existing tax liability/ies of the taxpayer-applicant shall be guided by the definition ...
- Created on 23 April 2021
- 31. INSIGHTS March Issue 2021
- (Insights)
- ... old office address, despite the BIR's prior knowledge of its new principal place of business, is tantamount to a failure in service of the assessment, thereby making the assessment invalid. Taxpayer ...
- Created on 31 March 2021
- 32. INSIGHTS February Issue 2021
- (Insights)
- ... is liable for deficiency VAT. (Deutsche Knowledge Services, PTE. LTD. vs. Commissioner of Internal Revenue, CTA Case No. 7921, January 14, 2021) The start of counting of the 30-day period ...
- Created on 23 February 2021
- 33. INSIGHTS November Issue 2020
- (Insights)
- ... which shows that the BIR initially acknowledged that the sources of money for the acquisition of bus units did not come from unreported revenue. The CTA En Banc ruled that the requirement that a corporation ...
- Created on 13 November 2020
- 34. INSIGHTS October Issue 2020
- (Insights)
- ... Revenue v. WPP Marketing Communications, Inc., CTA EB No. 2034 dated September 23, 2020) Prior knowledge of the new address of the taxpayer is sufficient to inform the BIR. No written notice is required. ...
- Created on 23 October 2020
- 35. Letter of Authority
- (Business Mirror)
- ... such absence. The original copy of the eLA shall be given to said barangay official. There is also a prescribed acknowledgement receipt that must be filled in. Should the taxpayer be found at his registered ...
- Created on 13 October 2020
- 36. Setting Up a Company’s Internal Compliance Program for Trading Strategic Goods under the Strategic Trade Management Act
- (Business Mirror)
- ... compliance and is knowledgeable about ICP. Large companies having voluminous transactions may also appoint Strategic Trade Control Manager/s and Strategic Trade Control Officer/s. Note that the number ...
- Created on 29 September 2020
- 37. INSIGHTS September Issue 2020
- (Insights)
- ... at least 1/3 of the members of the board of directors of exchanges and other organized markets. Said independent director shall have the relevant experience in or working knowledge of the capital or financial ...
- Created on 25 September 2020
- 38. INSIGHTS August Issue 2020
- (Insights)
- ... hearsay evidence. Accordingly, the taxpayer’s witnesses allegedly have no personal knowledge of the fact of issuance and contents of the documentary exhibits. The Court has held that the objection to ...
- Created on 08 August 2020
- 39. Mandatory Related Party Disclosure
- (Business Mirror)
- ... RPTs. Revenue Regulation (RR) 19-2020 acknowledged that “transactions between related parties have become complex and have been subject to abuse by taxpayers with intent to evade taxes by concluding transactions ...
- Created on 21 July 2020
- 40. INSIGHTS July 2020
- (Insights)
- ... Report to the REPD. 10. Any information in the custody of or within the knowledge of the IC pertaining to the Applicants' participation in a Regulatory Sandbox, including its successful launching, shall ...
- Created on 16 July 2020