The Asian Consulting Group held the Economic and Tax Briefing on Wednesday, February 1, 2023 live at its Facebook page. The event was attended by government officials, economics experts, and tax experts. The event also marked the official launch of ACG’s International Roadshow, a series of lectures and seminars held all over the world intended …
The Maharlika Investment Fund has been the subject of much controversy after its swift passage in the House of Representatives. House Bill (HB) No. 6608 seeks to establish an independent fund which the government can use to make strategic investments, or what is more commonly called a “sovereign wealth fund.” While it is easy to …
The Philippine Tax Whiz discusses the upcoming tax updates on the TRAIN Law and(CREATE) Law for the year 2023 What are the tax updates for 2023 under TRAIN Law? The Tax Reform for Acceleration and Inclusion (TRAIN) law will be undergoing some changes, pursuant to its own provisions. Here are some of the salient features …
[Ask The Tax Whiz] What are the upcoming tax updates in 2023? Read More »
The Philippine Tax Whiz discusses the recently issued BIR Revenue Memorandum Order 55-2022 which suspended audit and other field operations of the BIR Has the BIR audit been suspended? Under Revenue Memorandum Order No. 55- 2022, the examination and verification of taxpayers’ books of accounts, records and other transactions are hereby suspended for the period …
[Ask The Tax Whiz] Is the audit investigation of BIR suspended? Read More »
The Philippine Tax Whiz discusses mission orders, benchmarking notices, and LOAs There are nine types of different letters that may be issued by the BIR: mission orders, benchmarking notices, letters of authority (LOA), subpoena duces tecum (SDT), Notice of Discrepancy (NOD), Preliminary Assessment Notice (PAN), Final Assessment Notice (FAN) and Formal Letter of Demand (FLD), …
Meet the CEO & Senior Tax Advisor of Asian Consulting Group, Mr. Mon Abrea. He is the Co-Chair of Paying Taxes – EODB Task Force. With TaxWhizPH mobile app as his brainchild, he was recognized as one of the Outstanding Young Persons of the World, an Asia CEO Young Leader awardee and one of the …
Get to know the CEO & Senior Tax Advisor of Asian Consulting Group Read More »
Asian Consulting Group (ACG) CEO and Senior Tax Advisor Mon Abrea breaks down presidential candidates’ proposed tax measures, as well as the various reforms needed in the Bureau of Internal Revenue. Read the full Rappler article: https://tinyurl.com/yth6fz6t
Mr. Jose Magsaysay, Jr., the co-founder and Chairman Emeritus of Potato Corner is the newly appointed Chairman of Asian Consulting Group in the recently held Annual Shareholders and Board of Directors Meeting last March 23, 2022. While Mon Abrea stepped down as the Chairman, he remains as the CEO and Senior Tax Advisor of the …
Asian Consulting Group appointed new board members Read More »
Mr. Jose Magsaysay, Jr., the co-founder and Chairman Emeritus of Potato Corner is the newly appointed Chairman of Asian Consulting Group in the recently held Annual Shareholders and Board of Directors Meeting last March 23, 2022. While Mon Abrea stepped down as the Chairman, he remains as the CEO and Senior Tax Advisor of the …
Asian Consulting Group appointed new board members Read More »
Originally published in The Philippine Daily Inquirer on March 07, 2022 “Always file and pay the correct taxes and ensure all reported information are accurate” is wisdom that bears repeating because noncompliance may have dire consequences. According to Section 253 of the Tax Code, any person who violates the provisions of the Code or causes …
