- 41. Create is the only choice!
- (Other Articles)
- ... under two different time periods with completely different conditions. Citira was crafted pre-COVID when the country’s economy was at its best, promising brighter days ahead. Create, on the other hand, ...
- Created on 11 January 2021
- 42. Citira for fiscal stimulus
- (Other Articles)
- ... as part of fiscal stimulus in response to the COVID-19 pandemic. Let me just say upfront that since these are meant to address a temporary need or situation, a sunsetting provision is appropriate when ...
- Created on 11 January 2021
- 43. CREATE Bill’s VAT Amendments and Real Property Exemptions
- (Business Mirror)
- ... package” proposed by it. Instead of raising more revenues for the government, CREATE was recalibrated as a response to the economic havoc of COVID-19 pandemic. Thus, it morphed into what is supposedly ...
- Created on 22 December 2020
- 44. INSIGHTS December Issue 2020
- (Insights)
- ... in consideration of the government’s initiative to provide relief to industries impacted by the COVID-19 pandemic, approved the adoption of an industry-specific framework, to be referred to as the PFRS, ...
- Created on 18 December 2020
- 45. Tax highlights in 2020 and some year-end reminders
- (Business Mirror)
- ... the BIR’s transfer pricing audit." In response to Covid-19 pandemic, two significant laws were enacted providing certain tax reliefs on certain activities. One significant tax relief is the ...
- Created on 16 December 2020
- 46. Beyond Liberalizing Tax Incentives Under Bayanihan 2
- (Business Mirror)
- Atty. Lino Ernie M. Guevara discusses the continued grant of duty and tax incentives to importers and manufacturers of essential goods or critical equipment needed to contain COVID-19 under Republic Act ...
- Created on 24 November 2020
- 47. INSIGHTS November Issue 2020
- (Insights)
- ... Regulations and identified as critical products, essential goods, equipment or supplies needed to contain and mitigate COVID-19, subject to the limitations and restrictions specified in the Regulations, ...
- Created on 13 November 2020
- 48. Retirement Benefits: Tax Exemption Under the Bayanihan to Recover as One Act
- (Business Mirror)
- ... conditions on tax exemption for retirement benefits, but for a limited period, from June 5, 2020 to December 31, 2020. Apparently, because of the situation faced by businesses caused by the COVID 19 pandemic, ...
- Created on 03 November 2020
- 49. BIR Clarifies Its Voluntary Assessment and Payment Program (VAPP)
- (Business Mirror)
- ... revenue reverberates during its continuing battle with COVID-19. The author is a special counsel of Du-Baladad and Associates Law Offices (BDB Law), a member-firm of WTS Global. The article ...
- Created on 27 October 2020
- 50. INSIGHTS October Issue 2020
- (Insights)
- ... to Recover as One Act (“Bayanihan 2”) was passed to strengthen the government's efforts in mitigating the effects of COVID-19. Among the response and recovery interventions provided in the act are tax reliefs ...
- Created on 23 October 2020
- 51. Advisory on the Filing and Processing of VAT Refunds
- (Advisories)
- Created on 07 October 2020