The SGV Global Compliance and Reporting (GCR) team, led by Tax Partner Hentje Leo L. Leaño with Tax Directors David Jonathan “Tan” F. Manalili, Virly Jane “Vjane” R. Tiare, and Mica Alyana C. Rivera served as resource speakers at the “Value Added Tax (VAT) & Withholding Taxes, with Ease of Paying Taxes (EoPT) Updates” seminar organized by the Association of Certified Public Accountants in Public Practice (ACPAPP) Central Luzon Chapter held on 23 August 2024 at the SGV Clark Office. More than 100 members of the ACPAPP Central Luzon Chapter were present.
Members of SGV’s GCR team receive certificates of appreciation from ACPAPP Central Luzon Officers
ACPAPP Central Luzon Chapter President Rhene Payabyab delivered the opening remarks and SGV Clark Partner-in-Charge and Head Atty. Margaux A. Advincula delivered the welcome remarks.
The SGV GCR team’s discussion covered various aspects of the Philippine tax system, starting with an overview provided by Leo. Tan delved into Output VAT, incorporating practical examples, real court cases, and updates related to the EoPT Act’s impact. Vjane focused on Input VAT, clarifying the invoicing requirements under the EoPT Act. Mica addressed the nuances of Expanded Withholding Tax (EWT), focusing on the changes introduced by the EoPT Act.
The seminar concluded with a question-and-answer session and awarding of certificates to the speakers by ACPAPP Central Luzon President Rhene Payabyab, Philippine Institute of Certified Public Accountants (PICPA) Central Luzon Chapter Senior Regional Director Rowena Reyes, and ACPAPP Central Luzon Executive Vice President Walter Thater.
