Members of the SGV Tax team met with Bureau of Internal Revenue (BIR) Revenue Region 8A – Makati City officials who visited the Firm on 8 March 2023 as part of the BIR’s annual tax kickoff and a follow-up to the 2nd SGV Business Tax Services (BTS) Forum held in February 2023.
SGV Tax team with the BIR Revenue Region 8A – Makati City officials
SGV Tax Leader Fabian “Fame” K. Delos Santos (FKS) welcomed the BIR officials and facilitated the free-flowing discussion with members of the SGV management committee, partners, senior managers, and staff. Fame reiterated SGV’s continuous commitment to promoting a tax ecosystem where taxpayers are willing to comply; regulators are business partners; tax practitioners are armed with technical skills and integrity; with the Philippines as an investment haven; and where businesses flourish for a Better Philippines.
The BIR delegation was led by Regional Director Florante Aninag, with all the major officers of the Revenue Region as well as heads of the Revenue District Offices under Makati City in attendance, to address some of the concerns of taxpayer-clients within their jurisdiction. Mr. Aninag acknowledged SGV’s crucial role in encouraging taxpayers’ compliance with tax rules and regulations and highlighted the Firm’s invaluable contribution in assisting taxpayers in their dealings with the BIR.
Philippines and Asean Business Tax Services Leader Jules E. Riego (JER), together with BTS Partners Margaux A. Advincula (MAA) and Cheryl C. Ong (CCO), and Markets Leader Vicky L. Salas (VLS) led the open forum with Global Compliance and Reporting (GCR) Leader Sonia D. Segovia (SDS), and Indirect Tax (IDT) Leader Lucil Q. Vicerra (LQV), who also shared their insights on recent changes in the rules on tax-free exchanges, procedures on disposition of cases, and other tax audit concerns including transfer pricing issues. Other Partners in attendance took the opportunity to pose questions to the Revenue District Officers.
Assistant Regional Director Editha A. Calipusan, Legal Division Chief Albert C. Arpon, Assessment Division Chief Sion S. Catelo, and Collection Division Chief Anne M. Reyes also attended the session and luncheon hosted by the Firm. Tax Senior Director Donna Frances Ylade-Torres assisted in organizing the event.
