Philippines:
Tax Issues And Practical Solutions (T.I.P.S.) For The Third Quarter Of 2021
06 October 2021
SyCip Salazar Hernandez & Gatmaitan
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SyCipLaw's Tax Department has prepared an international
edition of its Tax Issues and Practical Solutions
(T.I.P.S.) for the third quarter of 2021.
Please read the full text at https://tinyurl.com/SyCipLaw-SeptTIPS-Int-Vol3
or https://tinyurl.com/SyCipLaw-SeptTIPS-Int-Vol3-1.
The SyCipLaw T.I.P.S - International Edition covers the
following tax issues:
- Is the phrase "exclusive of value-added tax" in a
contract price stipulation sufficient to shift the burden of paying
VAT from the seller to the buyer?
- May a taxpayer be estopped from questioning the authority of
revenue officers who conducted a tax audit merely because the
taxpayer actively participated in the audit?
- Sales to Export Enterprises - 12% or 0%?
- In a claim for refund of input VAT, does the input VAT have to
be directly attributable to the taxpayer's zero-rated or
effectively zero-rated sales?
- POGOs - Quo vadis?
- Is it a good time to buy a passenger car or a light commercial
vehicle?
- Are your bingeing days in streaming platforms over?
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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