Leandro

IT Developer Projects-min

17 Jul: PEZA Approves 131 Developer Projects for IT Parks and Centers

The Philippine Economic Zone Authority (PEZA) recently approved a total of 131 IT Parks and Centers all located in Metro Manila and with investments worth P160 billion. While PEZA approved the applications for 121 IT centers and 10 IT parks from 2015 up to June 2019; the developer projects still require an endorsement to the Malacañang to officially proclaim the infrastructures as Special Economic Zones (SEZ).

Estate Tax Amnesty 2-min

25 Jun: BIR Begins Implementation of Estate Tax Amnesty Scheme

The Bureau of Internal Revenue (BIR) started accepting applications from heirs who have to pay for the estate tax dues accumulated by their deceased loved ones. The issuance provides taxpayers with an estate tax amnesty program that gives reasonable tax relief to the outstanding liabilities of heirs from the inheritance of the decedent’s estate.

Estate Tax Amnesty-min

06 Jun: BIR Issues Regulations on Estate Tax Amnesty

The Bureau of Internal Revenue (BIR) released its latest issuance for heirs of decedents with outstanding estate tax liabilities on May 29, 2019. Under the latest regulations, the BIR will impose a 6% estate tax amnesty rate for the decedent’s total net taxable estate at the time of their deaths without any penalties.

BIR Feedback System.opt

15 Apr: BIR amends feedback system for taxpayers

BIR aims to “provide world-class frontline services to the taxpayers” by requiring all Revenue District Offices (RDOs) to introduce a feedback system which can measure customer satisfaction based on the services rendered by RDO personnel.