NEWS & ARTICLES

In its 2018 Resolution, Virata v. Ng Wee, affirmed in toto the foregoing rulings in dismissing the motions for reconsideration filed by the petitioning directors and officers of Wincorp, and thereby solidifying the doctrine that when it comes to corporations vested with public interests, such...

The Bureau of Internal Revenue (BIR) has been making deficiency tax assessments on the income payments made by local companies and agencies to non-resident foreign corporations (NFRCs) particularly tech giants like Amazon, Google and Facebook (or Meta). The deficiency tax assessments include non-withholding of final...