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 …
In celebration of the Tax Awareness Month, the Asian Consulting Group (ACG) is once again launching the Executive Tax Management Program (ETMP). An exclusive program for CEOs, founders, and business owners, which aims to equip them with business strategy and skills in managing their taxes and consequently, in preparing for the annual tax audit conducted …
On February 16, 2022, Asian Consulting Group in partnership with DTI E-Commerce and the Bureau of Internal Revenue conducted a focus group discussion on the Digital Economy Taxation and BIR Digitization Projects, entitled TAXTalks. This event was made possible through the support of the Assistant Secretary of the DTI E-Commerce Asec. Jean Pacheco. The Chairman …
Amidst the controversial dismissal of the DQ case against presidential candidate Marcos, Jr. (BBM), we remind our taxpaying public of our basic civic duty to pay our taxes correctly and on time. Watch the interview of ACG Chairman and CEO on ANC: https://youtu.be/oHjIDeG202A Before the May 9 national election when we will elect a new President, …
The Philippine Tax Whiz explains House Bill No. 7425, which imposes value-added tax on digital transactions Undoubtedly, e-commerce in the country is growing exponentially. Due to this undeniable growth in the number of digital transactions and as part of the development of the Philippines’ digital taxation, Congress has approved House Bill (HB) No. 7425, which …
QUEZON CITY, PHILIPPINES – The “Philippine Tax Whiz” and Asian Consulting Group (ACG) Chairman and CEO Mon Abrea opened the year with the Investment & Tax Briefing, a series of seminars for overseas Filipinos held from January 3 to February 8. In this 2022 US Roadshow, Abrea met with kababayans based in Washington, D.C., Los …
Tax Whiz urges overseas Filipinos to invest in the Philippines Read More »
The HPBEC will host its Talk Story on February 3, Thursday at 4 p.m. (HST) on topics that is a “must watch” for dual-citizens, investors in Philippine-based companies and entrepreneurs with business partners in the Philippines. Those who source-out Philippine-made products, as well as retirees who plan to move to the Philippines and Hawaii residents …
The Bureau of Internal Revenue (BIR) has been making deficiency tax assessments on the income payments made by local companies and agencies to nonresident foreign corporations (NRFCs), particularly tech giants like Amazon, Google and Facebook (or Meta). The deficiency tax assessments include nonwithholding of final tax on income payments made online e.g., Facebook Ads plus …
Asian Consulting Group’s Chairman and CEO, Mon Abrea, is set to travel to the United States today, December 27, 2021, to give Investment and Tax Briefings in different major states and cities. In partnership with the Department of Trade and Industry (DTI) and as part of the Trabaho, Negosyo, at Kabuhayan (TNK) Program, the International …
Join us this season of giving and celebration! Center for Strategic Reforms of the Philippines will have its yearly tradition of Pamaskong Handog para sa Kabataan at Pamilyang Pilipino on December 15, 2021 in partnership with Asian Consulting Group, Dingdong.PH and YesPinoy Foundation. For more than a decade, the Pamaskong Handog para sa Kabataan at …
Pamaskong Handog para sa Pamilyang Pilipino is happening this December 15, 2021! Read More »
