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  • Article

    Tax Updates March 2026 (SyCipLaw Tax Issues And Practical Solutions (T.I.P.S.) International Edition Vol. 14)

    SyCipLaw's Tax Department addresses six critical tax questions in its first quarter 2026 bulletin, examining issues from the Solicitor General's entitlement to compromise payments to the implementation of the new Single-Instance Audit Framework. The publication explores complex scenarios involving branch profits remittance taxes, documentary stamp tax on international loan transactions, VAT procedures for ecozone purchases, and the handling of tax liabilities during regulatory transitions.
    PhilippinesTax
    SyCip Salazar Hernandez & Gatmaitan
    SyCip Salazar Hernandez & Gatmaitan
  • Article

    Tax Updates April 2026 (SyCipLaw Tax Issues And Practical Solutions (T.I.P.S.) Vol. 44)

    SyCipLaw's Tax Department addresses five critical tax questions facing Philippine taxpayers, including local government unit payment disputes, Court of Tax Appeals jurisdiction over regulatory fees, fiscal incentives under the Natural Gas Industry Development Act, cross-border service taxation, and local tax treatment of businesses with CREATE Act incentives.
PhilippinesTax
SyCip Salazar Hernandez & Gatmaitan
SyCip Salazar Hernandez & Gatmaitan
  • Article

    Tax Updates August 2025 (SyCipLaw Tax Issues And Practical Solutions (T.I.P.S.) Vol. 40)

    SyCipLaw's Tax Department has prepared Tax Issues and Practical Solutions (T.I.P.S.) for August. The SyCipLaw T.I.P.S. for August 2025 covers the following tax issues...
    PhilippinesTax
    SyCip Salazar Hernandez & Gatmaitan
    SyCip Salazar Hernandez & Gatmaitan
  • Article

    Tax Updates September 2022 (SyCipLaw Tax Issues And Practical Solutions (T.I.P.S.) International Edition Vol. 7)

    Generally, no. In City of Davao v. ARC Investors, Inc., (G.R. No. 249668 (Resolution), July 13, 2022), the Supreme Court noted that while local government units ("LGU") have the power to impose local
    PhilippinesTax
    SyCip Salazar Hernandez & Gatmaitan
    SyCip Salazar Hernandez & Gatmaitan
  • Article

    Tax Updates February 2026 (SyCipLaw Tax Issues And Practical Solutions (T.I.P.S.) Vol. 43)

    SyCipLaw's Tax Department addresses eight critical tax issues in their February 2026 bulletin, ranging from refund claim documentation requirements to the validation of Letters of Authority.
    PhilippinesTax
    SyCip Salazar Hernandez & Gatmaitan
    SyCip Salazar Hernandez & Gatmaitan
  • Article

    Tax Updates June 2025 (SyCipLaw Tax Issues And Practical Solutions – International Edition, Vol. 13)

    SyCipLaw's Tax Department has prepared an international edition of its Tax Issues and Practical Solutions (T.I.P.S.) for the second quarter of 2025
    PhilippinesTax
    SyCip Salazar Hernandez & Gatmaitan
    SyCip Salazar Hernandez & Gatmaitan
  • Article

    Estate Tax Amnesty Is Extended

    Good news for the heirs who still have remaining unsettled estates of their ancestors.
    PhilippinesTax
    Napiere Abueg Ragsac & Partners
    Napiere Abueg Ragsac & Partners
  • Article

    Tax Updates April 2021 (SyCipLaw Tax Issues And Practical Solutions (T.I.P.S.) Vol. 9)

    Secretary of Finance issued Revenue Regulations No. 1-2021 (RR No. 1-2021) which implements the tax incentives granted under Republic Act No. 11525, or the "COVID-19 Vaccination Program Act of 2021
    PhilippinesTax
    SyCip Salazar Hernandez & Gatmaitan
    SyCip Salazar Hernandez & Gatmaitan
  • Article

    Tax Updates June 2021 (SyCipLaw Tax Issues And Practical Solutions (T.I.P.S.) – International Edition Vol. 2)

    The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Order (RMO) No. 14-2021.
    PhilippinesTax
    SyCip Salazar Hernandez & Gatmaitan
    SyCip Salazar Hernandez & Gatmaitan
  • Article

    Philippines Ranked Among The Most Complex Places In APAC For Accounting And Tax Compliance

    Philippines jumps 9 places from 2017 ranking to be 16th in the world, as ranked in the TMF Group's Financial Complexity Index 2018. Here's what you need to know about the country's financial compliance environment.
    PhilippinesAccounting and Audit
    TMF Group BV
    TMF Group BV
  • Article

    SyCipLaw Tips: Tax Issues And Practical Solution

    Taxpayers now have until June 14, 2023, to avail themselves of the Estate Tax Amnesty. Republic Act No. 11569, titled "An Act Extending the Estate Tax Amnesty and for Other Purposes...
    PhilippinesTax
    SyCip Salazar Hernandez & Gatmaitan
    SyCip Salazar Hernandez & Gatmaitan
  • Article

    12% VAT On Non-Resident Digital Service Providers In The Philippines

    The implementation of a 12% VAT on Non-Resident Digital Service Providers (NRDSPs) in the Philippines officially commenced on 2 June 2025.
    PhilippinesTax
    Alvarez & Marsal
    Alvarez & Marsal
  • Article

    Tax Updates January 2023 (SyCipLaw Tax Issues And Practical Solutions (T.I.P.S.) Vol. 22)

    In affirming the dismissal by the CTA, the Supreme Court held that the CTA is not the proper forum to resolve a purely intra-governmental dispute.
    PhilippinesTax
    SyCip Salazar Hernandez & Gatmaitan
    SyCip Salazar Hernandez & Gatmaitan
  • Article

    Tax Updates March-April 2025 (SyCipLaw Tax Issues And Practical Solutions (T.I.P.S.) Double Edition Vol. 38)

    SyCipLaw's Tax Department has prepared a double edition of its Tax Issues and Practical Solutions (T.I.P.S.) for March-April which covers the following tax issues...
    PhilippinesTax
    SyCip Salazar Hernandez & Gatmaitan
    SyCip Salazar Hernandez & Gatmaitan
  • Article

    Tax And Legal Implications Of Engaging Freelancers For Businesses In The Philippines

    The primary tax risk for businesses when hiring freelancers instead of full-time employees is the possibility of misclassification. In the Philippines, the tax rates and tax treatment applicable...
    PhilippinesTax
    McDermott Will & Schulte
    McDermott Will & Schulte
  • Article

    BIR Updates Its Procedures For Claiming Tax Treaty Benefits

    Where the withholding agent applies the regular tax rate, the non-resident taxpayer may seek tax treaty relief by filing an application with the BIR.
    PhilippinesTax
    SyCip Salazar Hernandez & Gatmaitan
    SyCip Salazar Hernandez & Gatmaitan
  • Article

    Tax Updates December 2021 (SyCipLaw Tax Issues And Practical Solutions (T.I.P.S.) International Edition Vol. 4)

    SyCipLaw's Tax Department has prepared an international edition of its Tax Issues and Practical Solutions (T.I.P.S.) for the last quarter of 2021.
    PhilippinesTax
    SyCip Salazar Hernandez & Gatmaitan
    SyCip Salazar Hernandez & Gatmaitan
  • Article

    BSP Amends Miscellaneous Rules On Deposits

    On December 14, 2022, the Bangko Sentral ng Pilipinas ("BSP") issued Circular No. 1163, series of 2022 and amended the miscellaneous rules on deposits under Section 276 of the Manual...
    PhilippinesFinance and Banking
    SyCip Salazar Hernandez & Gatmaitan
    SyCip Salazar Hernandez & Gatmaitan
  • Article

    Tax Updates September-November 2025 (SyCipLaw Tax Issues And Practical Solutions (T.I.P.S.) Mega Edition Vol. 41)

    SyCipLaw's Tax Department has prepared a mega edition of its Tax Issues and Practical Solutions (T.I.P.S.) for September to November 2025.
    PhilippinesTax
    SyCip Salazar Hernandez & Gatmaitan
    SyCip Salazar Hernandez & Gatmaitan
  • Article

    Tax Updates February 2024 (SyCipLaw Tax Issues And Practical Solutions (T.I.P.S.) Vol. 30)

    Republic Act No. 11976,is a new law that introduces key administrative tax reforms and amendments to several provisions of the National Internal Revenue Code of 1997, as amended to reduce tax compliance costs ...
    PhilippinesTax
    SyCip Salazar Hernandez & Gatmaitan
    SyCip Salazar Hernandez & Gatmaitan
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