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...

On April 20, 2022, the NPC launched its Data Breach Notification and Management System (DBNMS) which it hailed as "a user-friendly interface that facilitates easy tracking and faster submission...

The Philippines continues to develop a fuller regulatory framework for artificial intelligence (AI) use. This is a brief round-up of legal initiatives and developments in local AI regulation.

Probationary employment is an arrangement where an employee is placed on trial by the employer for a period of time, not to exceed six months, to allow the employer to determine whether the employee is fit for regularization.

This Q&A is part of the publication designed to provide insights into hiring remote workers in Asia Pacific by members of the Employment Law Alliance (ELA). SyCipLaw contributed the guide for the Philippine jurisdiction.

The Philippines lacks comprehensive carbon rights legislation and carbon trading laws, yet carbon projects continue to develop across the country. In response to this regulatory gap and aligned with international climate commitments, Philippine regulators have recently issued new regulations establishing frameworks for carbon project implementation in the forestry and energy sectors.

The SBLAF is designed to make the loan application process streamlined and borrower-friendly for its target users, i.e., micro, small, and medium enterprises.

Following the creation of the Department of Migrant Workers ("DMW") pursuant to Republic Act No. 11641, or the Department of Migrant Workers Act ("RA 11641"), the Department of Labor...

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.

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...

The Securities and Exchange Commission ("SEC") issued Memorandum Circular No. 4, Series of 2023 ("Circular") adopting the ASEAN Sustainable and Responsible Fund Standards ("ASEAN SRFS")...

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.

The Philippine Securities and Exchange Commission ("SEC") has further extended to September 30, 2023 the deadline for amnesty applications for late and non-filing of annual...

The Securities and Exchange Commission has released a draft memorandum circular proposing to lift the moratorium on new online lending platform registrations while establishing a comprehensive regulatory framework for digital lending operations. The proposed guidelines introduce stringent prudential, disclosure, and market conduct requirements that will reshape how financing and lending companies operate in the digital space.

On September 16, 2022, the DOLE issued Department Order No. 237, series of 2022, or the Revised Implementing Rules and Regulations of Republic Act No. 11165 or the Telecommuting Act...

In August 2022, the House of Representatives' Committee on Ways and Means approved a bill proposing a new fiscal regime for the Philippine mining industry, following the previous proposal...

The Supreme Court has issued Supreme Court Administrative Matter No. 20-12-01-SC (Re: Proposed Guidelines on the Conduct of Videoconferencing) dated December 9, 2020...

May the Bureau of Internal Revenue issue assessments against a taxpayer based on third-party information?

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.

The US-led Pax Silica initiative offers the Philippines a chance to strengthen its position in the global semiconductor supply chain for AI and advanced technologies. While the country has signed on and plans an industrial hub in New Clark City, questions remain about environmental impacts and whether the economic promises will materialize without a clear industrialization strategy and investment in local talent.