Tax holds briefings on ECQ-related BIR Issuances
The SGV Tax Team held a series of online briefings in May on relevant government tax issuances and policies during the enhanced community quarantine (ECQ). The webinars discussed the extended tax filing deadlines and other regulations released by the Bureau of Internal Revenue (BIR).
LLL presenting at the GPCCI webinar and JGM presenting at the PICPA webinar
LLL speaks at GPCCI webinar
On 11 May, Global Compliance and Reporting Partner Hentje Leo L. Leaño (LLL) spoke at a webinar titled “Emerge Prepared after the ECQ: Be Abreast with the ECQ-related BIR Issuances and the Extended Tax Deadlines” organized by the German-Philippine Chamber of Commerce and Industry (GPCCI). GPCCI Executive Director Dr. Martin Henkelmann hosted the briefing and facilitated the open forum.
LLL discussed BIR issuances on donations, documentary stamp tax on qualified loans, authority-to-print, qualified imported goods, acceptance of tax payments, extensions of the due dates for filing and payment of tax returns, and tax document submissions and payments to local government units.
JGM leads PICPA webinar
Tax Partner Josenilo G. Mendoza (JGM) led a tax briefing hosted by the Philippine Institute of Certified Public Accountants (PICPA) on 12 May. JGM discussed the receipting and invoicing requirements of the BIR and the extension of tax statutory deadlines. He also explained the tax incentives and rules on donations made during the ECQ and the tax exemption provision of RA 11469.
FKS and JGM during the open forum at the NordCham webinar
FKS and JGM conduct NordCham tax webinar
SGV Tax Services Head Fame K. delos Santos (FKS) and JGM conducted a webinar on the interim rules on donations, extended tax deadlines and significant BIR issuances for the Nordic Chamber of Commerce of the Philippines (NordCham) on 13 May. NordCham Executive Director Jesper Svenningsen moderated the webinar and participants included executives of NordCham member companies.
SGV Clark holds tax webinar
On 14 May, SGV Clark held a tax webinar on ECQ-related BIR issuances and the extended tax deadlines, led by SGV Global Compliance and Reporting (GCR) Partner Hentje Leo L. Leaño (LLL). SGV Clark Assurance Partner Jose Pepito E. Zabat (JEZ) welcomed over 120 participants from companies in Northern and Central Luzon. In addition to discussing BIR issuances on donations and other tax-related updates, LLL also covered tax-related issuances of the Clark Development Corporation (CDC), the Philippine Economic Zone Authority (PEZA) and the Subic Bay Metropolitan Authority (SBMA). JGM and Tax Partner Margaux A. Advincula (MAA) were also present during the webinar and addressed questions during the open forum. GCR Associate Director Michael Ray Lapasaran acted as master of ceremonies.
JEZ, LLL and MAA presenting at the SGV Clark webinar