It is essential that payroll records, withholding tax returns, and alphalists are fully reconciled. Any mismatch between amounts reported and taxes actually remitted during the year may result in ...

To effectively perform its collection of taxes for nation-building, the Bureau of Internal Revenue (BIR) recommends to the Department of Finance (DOF) the issuances of Revenue Regulations (RR) which ...

MANILA, Philippines – The Supreme Court stopped the Bureau of Internal Revenue from enforcing its regulations requiring business, banking and financial sectors to submit an alphabetical list ...

It took a lot of guts for the Philippine Stock Exchange to bring the “alphalist” dispute all the way to the Supreme Court. We heard that until the last minute, fiscal managers were seeking to dialogue ...

AS the calendar year closes on Dec. 31, 2025, it is critical for businesses to review and comply with applicable tax, corporate and local regulatory obligations so that mandated requirements are met ...

It’s been more than a year since the effectivity of the Tax Reform for Acceleration and Inclusion (TRAIN) Act, but the effects of its implementation are far from over. Just this year, the Bureau of ...

We can finally bid goodbye to 2020 and say hello to 2021! January is that time of the year when people are re-energized after a long stretch of holiday celebrations and vacation time. For accounting, ...