News and Announcements

Home News and Seminars Technical Updates Newsletter No. 01. Jan 2022. Annual Corporte Governance Report

Have a question?

Technical Updates • 2022-01-01

Newsletter No. 01. Jan 2022. Annual Corporte Governance Report

In this issue:
The Bureau of Internal Revenue (BIR) has issued a Revenue Regulation regarding the implementation of the New Income Tax Rates on the Regular Income of Corporations, on Certain Passive Incomes, Including Additional Allowable Deductions from Gross Income of Persons Engaged in Business or Practice of Profession Pursuant to Republic Act (RA) No.11534 or the “Corporate Recovery and Tax Incentives for Enterprises Act” (CREATE), which Further Amended the National Internal Revenue Code (NIRC) of 1997.

Download the full publication below and the Annexes Memo here:

Download document

See more Technical Updates items