Section 27 (A) of the National Internal Revenue Code, as amended (Tax Code), and as amended further by the Create Law imposes an income tax rate of 25% on domestic corporations.

On March 4, 2022, the Department of Trade and Industry (DTI), through its Consumer Protection Group and e-Commerce Division, issued Joint Administrative Order No. 2022-01...

With the restrictions brought about by the COVID-19 pandemic lifted, people are on the lookout for employment opportunities.

On the heels of the onslaught of the COVID-19 pandemic, the National Labor Relations Commission ("NLRC") issued NLRC En Banc Resolution No. 03-20, series of 2020...

On February 7, 2023, the Bangko Sentral ng Pilipinas (BSP), the Philippine Central Bank, issued BSP Circular No. 1166, series of 2023, entitled "Amendments to the Regulations on Electronic Money (E-money)...

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

No. In Maynilad Water Services, Inc. v. National Water Resources Board (G.R. Nos.181764,187380, 207444, 208207, 210147, 213227, 219362, and 239938, December 7,2021), the Supreme Court ("SC")...

On March 2, 2022, the President signed into law Republic Act (R.A.) No. 11647 which amends the three-decade old Foreign Investments Act of 1991 (FIA). R.A. No. 11647 aims to attract, ...

The Circular took effect on January 1, 2023. It increased the penalties imposed under the 2019 Circular and imposed additional non-financial penalties.

Labor inspections is one of the ways the Department of Labor and Employment ("DOLE") implements its visitorial and enforcement powers under the Labor Code, to secure a higher level of compliance...

On October 24, 2022, the Department of Labor and Employment ("DOLE") issued Labor Advisory No. 20, series of 2022, which sets out the process for the issuance of the certification required from non-Philippine nationals intending to engage in business in the Philippines.

On September 5, 2022, the BSP issued BSP Circular No. 1153, series of 2022, entitled "Regulatory Sandbox Framework" (Sandbox Circular) which institutionalizes the Test & Learn (T&L)...

The case of Grace M. Trimillos v. FCash Global Lending, Inc., G.R. No. 271360 (13 August 2025) was decided on the basis of a procedural issue...

Advances in artificial intelligence (AI) have created new challenges as to how we deal with various issues, chief among them being job security for service industry participants...

Republic Act No. 11934 or the Subscriber Identity Module (SIM) Registration Act (SIM Registration Act) was signed into law on October 10, 2022 and took effect on December 27 of the same year.

Artificial intelligence (AI) has been described as a pivotal technology, a linchpin, a game changer — and all these descriptors seem particularly apt when it comes to the financial sector.

With workers returning to work on-site, the Department of Labor and Employment ("DOLE") issued Labor Advisory No. 1, series of 2022, or the Isolation and Quarantine Leaves of Employees...

This bulletin was prepared by SyCipLaw?s Corporate Services Department. Marietta A. Tibayan, Bhong Paulo A. Macasaet, and Alithea C. Soriano assisted in the preparation of this bulletin.

Last March 1, 2022, the Securities and Exchange Commission ("SEC") issued its Memorandum Circular No. 3 to implement the ceilings previously imposed by the Bangko Sentral ng Pilipinas...

The SyCipLaw's Top 10 Tax Issues and Practical Solutions (T.I.P.S.) for 2023 covers the following tax issues: