News Tags

SGV Consulting organized a third installment of the SheInspires webinar series entitled “Your success is my success: How Strong Men Support Strong Women” last August 27, 2021. About 850 people from SGV and ASEAN Consulting attended the event.    Consulting Partners with panelists and moderators at the third SheInspires webinar. What was different from the previous runs of the SheInspires series was that this webinar had all-male panelists and moderators who shared their perspective and insights. It shifted the focus to the role of men in gender equality and women empowerment in the workplace, and how men can inspire and support the success of women’s lives, families and careers. The attendees listened to the anecdotes of the panelists on how they continuously inspire and support their wives or partners in pursuit of their career goals or managing their family. Empowered women often cite the role of supportive men in their journey to success. The webinar’s panelists included Atty. Michael G. Acaban, Senior Partner, Gerodias Suchianco Estrella Law Firm (husband of Tax Principal Margarita D. Mallari-Acaban); Mr. Jose Mari Fajardo, Investor Relations Director, Globe Telecom, Inc. (husband of SGV Consulting Leader and ASEAN Business Consulting Leader, Rosanna A. Fajardo); Mr. Warren R. Bituin, Consulting Partner and Technology Consulting Leader; Mr. Carlo Paolo V. Manalang, Assurance Partner; and Mr. Jerome O. Afable, Assurance Manager. Mr. Alvin G. Manuel, Technology Consulting Senior Manager and Mr. Leonardo J. Matignas Jr., Consulting Partner, ASEAN Risk Management Leader and PH Consulting Markets Co-Leader moderated the event.
Interactive features at SGV’s virtual Alumni Homecoming microsite SGV held its first virtual Alumni Homecoming event last 3 September 2021. The virtual celebration was the first of its kind as the Firm used an online interactive platform that aimed to give the attendees the experience and atmosphere of the usual physical Homecoming, but from the safety of their own homes.  The microsite gave the attendees the opportunity to chat with their friends and colleagues using MS Teams chatrooms.  Activities such as a photobooth, shoutout message board and mini games were also available for the attendees. Another feature of the site gave visitors a chance to experience a virtual tour of Mr. SyCip’s office and parts of the SGV offices.     Performers during the Alumni Homecoming program The attendees were treated to special performances by singer Gian Magdangal, acapella group Pinopela and comedian Jon Santos as “Darnia.” The Homecoming also showcased a special group performance of the SGV’s Got Talent Year 9 finalists performing the song “A Million Dreams.”
The US-ASEAN Business Council organized a webinar titled CREATEing Investment Opportunities in the Philippines: Webinar on the Rationalization of Incentives under CREATE Law on 6 August. The webinar featured discussions on the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE Act) and its impact on businesses, particularly on the members of the US-ASEAN Business Council. The speakers and organizers of the webinar The webinar began with opening remarks from Chief Country Representative of the US-ASEAN Business Council Elizabeth Crebassa. SGV Tax Partner Karen Kaye Sta Maria-Constantino then discussed the salient provisions of the CREATE Act. Afterwards, Board of Investments Director Sandra Marie Recolizado provided an overview of the Strategic Investment Priority Plan. Philippine Economic Zone Authority (PEZA) Director General BGen. Charito B. Plaza then led a session on new economic strategic locations and other PEZA updates.  The sessions were followed by a Q&A portion facilitated by Tax Partner Betheena Dizon. Tax Leader Fame delos Santos then delivered the closing remarks. The webinar was hosted by Tax Senior Director Josephine Grace Sandoval and the organizing team included Tax Partner Margaux Advincula and Tax Director Joyce Elaine Laohoo.
SGV Tax Partner Cheryl Edeline C. Ong (CCO) was one of the panelists at the PEZA Industry Briefing: Updates on the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act on September 9, 2021. The virtual briefing, which was spearheaded by the IT and Business Process Association of the Philippines (IBPAP), in partnership with Leechiu Property Consultants, Inc., welcomed over 300 IBPAP member companies.   PEZA Industry briefing panel with the SGV team The keynote speaker in the virtual briefing was PEZA Director General Charito Plaza focusing on the latest updates/developments surrounding the CREATE Act and the salient provisions of its Implementing Rules and Regulations (IRR), particularly those which keenly interest BPOs and other firms, such as work-from-home policy and VAT zero-rating rules. In the ensuing panel discussion, CCO was one of the tax experts invited to share valuable insights. CCO shared her insights on VAT zero-rating rules affecting locator companies in the IT and BPO industries. She then discussed the concerns of most of the companies with the advent of the CREATE Act and its IRR, specifically the feasibility of optional VAT registration of entities enjoying five percent (5%) Gross Income Tax incentive, application of the cross-border doctrine for VAT purposes, and the improvement of the enhanced VAT refund system.  Participation in the virtual briefing was coordinated by Logistics Industry Leader and Tax Principal Stephanie V. Nava (SVN) and Technology Industry Leader and Assurance Partner Manolito R. Elle (MRE). The briefing’s coordination and organizing team included Tax Senior Director Alden Patrick C. Labaguis, Tax Senior Associates Gracia Mae A. Beronilla and Roland Joseph C. Mendoza.
SGV Tax Partner Tesi Lou S. Guanzon (TSG) completed the Comparative Tax Policy and Administration program at the Harvard Kennedy School of Executive Education. The 10-day online executive program developed by Harvard Kennedy School faculty helps Tax professionals reconcile complex taxation with the need to generate significant tax revenue in an economically efficient and socially equitable manner.    TSG earned her Bachelor of Science degree in Business Administration and Accountancy from the UP Diliman and her Bachelor of Laws from San Beda College. She completed the Master of Laws in International Taxation under the Levin College of Law, University of Florida, USA. She is a CPA-lawyer and is a member of both PICPA and the IBP. Congratulations, TSG!
“One Purpose” by the MG 7 - SDS cluster songwriting team of Rodonna Marie Borasca, Julia Marie Gumiran and Meynard Sardalla, was crowned as the SGV Purposeful Compositions JAMM Night grand winner last 31 August 2021. Their song, to be arranged by professional music arranger and lyricist Jungee Marcelo, will be presented during the SGV 75th annual Staff Anniversary celebration. The song also received the greatest number of SGV people votes and was named as the People’s Choice award winner.  Song entries “Into A Better Philippines” by Jerwin Esquibel (MG 7 - ACM), “Envision the SGV Purpose” by Hector William Yuson (MG 3 - MAM) and “Better in SGV” by Kristine Anne Perez (MG 8 - LSC) were the top four other finalists. The remaining composers, Justine Jose Marie Pabalan (L&D - CTM, BES), Jethel Vileran (MG 3 - SDT) and duo Julia Marie Gumiran and Meynard Sardalla (MG 7 - SDS). The songs were judged based on their interpretation of the SGV Purpose statement.      SGV Purpose Council Partners with the participants of the Purposeful Compositions songwriting competition The panel of judges was composed of two external judges – award-winning music producer, composer, lyricist and arranger Jungee Marcelo and singer-songwriter and FILSCAP songwriting competition winner Toto Sorioso – and SGV Purpose Council judges composed of SGV Vice Chair and Deputy Managing Partner Vivian C. Ruiz, EY ASEAN Risk Management Leader Leonardo J. Matignas, Jr. and EY ASEAN Business Consulting Leader and SGV Consulting Leader Rossana A. Fajardo. The Purposeful Compositions songwriting competition was streamed live via the SGV@Home Facebook group.
Over 40 SGVeans attended a series of training sessions on workplace safety conducted by the Safety Organization of the Philippines. The sessions are part of the program led by the Firm’s Occupational Safety and Health (OSH) Committee to ensure the safety of our people working at the office and from home. Those who completed the training sessions are now safety officers certified by the Department of Labor and Employment (DOLE). The participants were composed of partners, managers and associates under Business Enablement Services. The participants of the safety training sessionsThe Basic Occupational Safety and Health (OSH) Training for Safety Officer 2 (SO2), conducted last April, provided an overview of occupational hazards identification and control and OSH program implementation. The Loss Control Management (LCM) for Safety Officer 3 (SO3) was conducted in July-August and aimed to equip participants with advanced knowledge and skills in conducting loss control and risk assessment management and developing and implementing safety policies in the workplace.  The SGV OSH Committee is led by Partners Jimmy del Rosario, Alvin Pinpin and Leo Matignas. The committee manages the Firm’s overall implementation of matters pertaining to safety and health.
The Philippine Institute of Certified Public Accountants Freeport Area of Bataan and Bataan Export Processing Zone (PICPA-FAB-BEPZ) Chapter organized a webinar titled CREATE Act and VAT Updates: Impact on Registered Business Enterprises (RBEs) on 28 July. PICPA-FAB-BEPZ Chapter President Marc Czimon Lizeralde welcomed nearly 170 people to the webinar hosted by PICPA Officer Arjay Bacsal. LLL and MAA presenting at the webinarSGV Clark Tax Partners Hentje Leo L. Leaño (LLL) and Margaux A. Advincula (MAA) covered the VAT provisions under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act and the latest VAT issuance under Revenue Regulations (RR) No. 9-2021, as well as their impact on RBEs. They also provided an overview of the conflicting issuances of RR No. 9-2021 and Section 5 of the Act. On the day of the webinar, the BIR issued RR No. 15-2021 which deferred the implementation of RR No. 9-2021.  The webinar concluded with an open forum moderated by LLL and MAA. PICPA-FAB-BEPZ Chapter Executive Vice President Marites Bartolome then delivered the closing remarks. Tax Associate Director Michael Lapasaran, Tax Senior Associate Virly Jane Tiare and Atty. John Marti Duya, and Tax Associate Brevin Perez assisted the speakers in the preparation of the webinar materials.
SGV Clark Tax Partners Atty. Margaux A. Advincula (MAA) and Hentje Leo L. Leaño (LLL) spoke at the Business Registration and Basic Bureau of Internal Revenue (BIR) Compliances webinar organized by the Philippine Institute of Certified Public Accountants (PICPA) Central Luzon Region. The webinar was part of the First Regional Summit for Micro Small Medium Enterprises (MSME).   MAA and LLL speak at the Business Registration and Basic Bureau of Internal Revenue (BIR) Compliances webinar Mr. Rizaldy R. Martin, President of the PICPA Bulacan Chapter, welcomed nearly 640 participants in his opening remarks. MAA kicked off the discussion proper about “Business Registration” while LLL discussed the “Basic BIR Compliances” for MSMEs. The webinar concluded with an open forum where MAA and LLL addressed the various questions of participants.  The session was hosted by Mr. Edward A. Isip, Secretary of the PICPA Bulacan Chapter. SGV Clark Office Head and Assurance Partner Jose Pepito E. Zabat (JEZ) was also present at the Regional Summit.
SGV Clark Partners and Managers paid a courtesy call on incoming Philippine Institute of Certified Public Accountants (PICPA) Angeles City Chapter officers last July. SGV Clark Head Jose Pepito Zabat (JEZ) led the team with Tax Partner Hentje Leo L. Leaño (LLL), Consulting Partner Conrad Allan Alviz (CMA), Tax Senior Director Leo Niño Canlas, Associate Director Michael Ray Lapasaran and Senior Associate John Marti Duya. They met with PICPA Angeles City Chapter Outgoing President Mariel Pamintuan-Palo, Incoming President Julyn Nyril Tiatco-Santos, and other officers of the PICPA Angeles City Chapter.  Virtual banner for the SGV Clark courtesy call on PICPA AngelesThey discussed the plans and collaboration of PICPA with SGV on future events. This was followed by an awarding ceremony where LLL and Michael Lapasaran were given tokens of appreciation for being speakers at a CREATE webinar organized by the PICPA Angeles City Chapter.