July 2020 - Philippine Accounting Updates

VAT on Digital Services (Netflix, Spotify, Lazada) in PH? Agree?

Posted on July 29, 2020 by Joanna C. | 0 Comments

The government may be in dire need of revenue source as the pandemic goes on and billions of borrowing have been or are being spent to recover. While the government commits to pass a tax reform that will help the…

Online Businesses should Register and Comply with their Tax Obligations

Posted on July 29, 2020 by Joanna C. | 0 Comments

As we suffer an international health crisis brought about by the COVID-19 pandemic, many businesses and companies were forced to put a halt in their operations and to lay off many of their workforces. For many, they can’t rely on…

Online transactions and withholding tax in the “new normal”

Posted on July 28, 2020 by Orlando Calundan | 0 Comments

The Coronavirus pandemic (more commonly known as COVID-19) has changed so much about the way we live, the things we used to do, the places we used to go, the friends, and even transactions we used to enter, and the…

October 2020 CPA Board Exam Updates

Posted on July 26, 2020 by Joanna C. | 0 Comments

The Certified Public Accountants’ Licensure Exam (CPALE) in the Philippines scheduled last May 10, 17, and 18 was postponed and rescheduled this coming October 11, 12, and 18 due to the Coronavirus pandemic (COVID-19). There are, however, important updates regarding…

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Philippine Accounting Updates

Your reliable source of accounting, tax and related updates

Month: July 2020

VAT on Digital Services (Netflix, Spotify, Lazada) in PH? Agree?

Online Businesses should Register and Comply with their Tax Obligations

Online transactions and withholding tax in the “new normal”

October 2020 CPA Board Exam Updates