TOP OF MIND
Understanding consultant vs contractor
by Nicoleigh A. Balagtas - October 20, 2020 - 12:00am
In this time of uncertainty, COVID-19 continues to impact the public and private sectors and the way they operate.
Digital transformation is key to improving operational resilience
by Jallain Marcel S. Manrique - October 13, 2020 - 12:00am
The COVID-19 pandemic has dramatically shifted the way we do business. It highlighted the need for companies to invest in technology and to accelerate their digital transformation to ensure that their organizations...
Taking the robot out of the human
by Doris Aura B. Pastoriza - October 6, 2020 - 12:00am
The current COVID-19 pandemic has created new challenges and amplified existing issues for most organizations. Leaders now have to navigate a wide range of interrelated issues from safeguarding their employees and...
CEOs are now purpose-led
by Sharon G. Dayoan - September 29, 2020 - 12:00am
The KPMG 2020 CEO Outlook COVID-19 Special Edition offers a unique lens on evolving attitudes as the pandemic has unfolded. KPMG initially surveyed 1,300 CEOs in January and February, before many key markets felt...
DigiTax: Government response to rising demand
by Jalen Nicole V. Balalio - September 22, 2020 - 12:00am
Benjamin Franklin once said, “In this world, nothing can be said to be certain, except death and taxes.” I came across this quote in high school, but it was only now, as I continue to appreciate taxation...
CEO concerns in the wake of the COVID-19 crisis
by Emmanuel P. Bonoan - September 15, 2020 - 12:00am
Last August KPMG released the results of the 2020 Global CEO Outlook. In the first study of its kind to measure how CEOs’ priorities and concerns have changed during the global pandemic, KPMG conducted two...
The new reality calls for a VUCA-proof strategy
by Earl Anthony T. Pagatpat - September 8, 2020 - 12:00am
The current state of the world mirrors that of a volatile, uncertain, complex, and ambiguous world, a term drawn from leadership theories of Warren Bennis and Burt Nanus (1985)1, and the business landscape is no...
Let’s get digital!
by Arnina Beatrice Quiros - September 1, 2020 - 12:00am
The rise of digitalization as a component of commerce has been evident in in the past decade now more than ever during this time when we are held back by the COVID-19 pandemic.
Don’t bark up the wrong tree
by Lizandro C. Amandy - August 25, 2020 - 12:00am
“Barking up the wrong tree” can vary in meaning depending on the situation. But for purposes of this article, allow me to use this phrase in the context of asking for help or seeking redress.
Is this the current thinking on documentation?
by Maria Carmela M. Peralta - August 18, 2020 - 12:00am
From the time Revenue Regulation No. 02-2013, otherwise known as the transfer pricing regulation, was issued in 2013, there have been at least two items that taxpayers have waited for from the Bureau of Internal...
The travails of BIR form no. 1709
by Maria Carmela M. Peralta - August 11, 2020 - 12:00am
In the early 1990s, the BIR had already prescribed a similar form, although only for foreign related-party transactions that is, BIR form no. 1702 H, known as the “Information Return on Transactions with Related...
The travails of BIR form no. 1709
by Maria Carmela Peralta - August 4, 2020 - 12:00am
Finally, on July 29 the Bureau of Internal Revenue issued the much-awaited Revenue Memorandum Circular No. 76-2020 to clarify issues on the filing of BIR form no. 1709.
The ‘new normal‘ of increased online business transactions
by Renz Homer S. Arreola - July 28, 2020 - 12:00am
The COVID-19 pandemic has taken a significant toll on economies and people of all nations and of all ages, from all walks of life, across the globe.
Tax and registration in a pandemic: Is it worth the risk?
by Miguel M. Castillo - July 14, 2020 - 12:00am
Halfway through March and in view of the rising number of COVID-19 cases, the Philippine government was compelled to declare an enhanced community quarantine, forcing consumers to stay home in order to minimize the...
Breakdowns can CREATE breakthroughs
by Novelyn Jose - June 30, 2020 - 12:00am
Have you ever been in so-called “survival mode” where what would matter most is just getting through the day?
A holiday for hedging contracts
by Kevin John Ampuan - June 23, 2020 - 12:00am
With the constant drawbacks that the Philippine peso has had against the US greenback, it is recommended that companies that are engaged in businesses dealing with foreign currency exchange transactions should adopt...
Tax: A look at the silver lining
by John Paul G. Penales - June 16, 2020 - 12:00am
“Health is wealth” is a famous saying for a reason. With the increased of organic food, natural ingredients and the rise of participation from the public in health and wellness activities, I still at...
Drastic times call for drastic measures
by Ma. Theresa M. Marcos - June 9, 2020 - 12:00am
The COVID-19 pandemic has greatly affected the supply chain of many nations worldwide and has made countries, including the Philippines, realize the value in exploring other sources of vital products due to the impact...
REIT rules revamped
by Joseph Bar Paulo V. Moises - June 2, 2020 - 12:00am
In view of the increasing confirmed cases of the coronavirus disease 2019 or COVID-19, the government has placed the entire country under a state of national emergency.
All things are subject to interpretation
by Brea Jaye Uy - May 26, 2020 - 12:00am
Under Section 2 and 3 of the Tax Code, the Bureau of Internal Revenue shall be under the supervision and control of the Department of Finance and it shall have a chief known as Commissioner of Internal Revenue...
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