- 21. INSIGHTS February Issue 2023
- (Insights)
- ... and practices of the company and by the knowledge which the board of directors has, or must be presumed to have, of acts and doings of its subordinates in and about the affairs of the corporation. ...
- Created on 26 March 2023
- 22. The Opportunities of Artificial Intelligence in Tax
- (Business Mirror)
- ... timing of the question was a bit serendipitous. As a way or enriching knowledge, I was reading on developments in AI the past few months or so. In the news the past couple of weeks was the introduction ...
- Created on 21 February 2023
- 23. INSIGHTS October Issue 2022
- (Insights)
- ... address, despite the latter's failure to acknowledge the same. (Service Trading Corporation v. Hon. Rey Leonardo Guerrero, in his official capacity as Commissioner of Customs, et. Al, STA Case No. 10088, ...
- Created on 04 December 2022
- 24. INSIGHTS September Issue 2022
- (Insights)
- ... of Internal Revenue v Deutsche Knowledge Services, CTA EB No. 2423 (CTA Case No. 7921, July 01, 2022) The taxpayer filed a claim for refund of its unutilized input VAT for the period from August 1, 2003 ...
- Created on 14 October 2022
- 25. INSIGHTS August Issue 2022
- (Insights)
- ... Revenue v Deutsche Knowledge Services, CTA EB No. 2423 (CTA Case No. 7921, July 01, 2022) The authority given to Revenue Officers (RO) to conduct audit and examine the taxpayer’s books ...
- Created on 23 August 2022
- 26. Valuation of Services as Consideration for Stocks
- (Business Mirror)
- ... Services, as a form of consideration, is already broad. They are also usually measured at their fair market value. To my knowledge, even the SEC does not maintain a fixed and initial checklist of documents ...
- Created on 10 May 2022
- 27. 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
- 28. 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
- 29. 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
- 30. 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
- 31. 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
- 32. 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
- 33. 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
- 34. 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
- 35. 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
- 36. 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
- 37. 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
- 38. 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
- 39. 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
- 40. 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