SyCipLaw’s Tax Department has prepared Tax Issues and Practical Solutions (T.I.P.S.) for February.
The February 2024 issue covers the following tax issues:
1. What is Republic Act No. 11976 and why is it relevant to tax?
2. Are cross-border services provided by non-resident foreign corporations now subject to income tax and VAT under Revenue Memorandum Circular No. 5-2024?