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SyCip Salazar Hernandez & Gatmaitan (SyCipLaw) was founded in 1945. It is the largest law firm in the Philippines. It has offices in Makati City, the…
SyCip Salazar Hernandez & Gatmaitan | Philippines | 14 Jan 2022
Imposition of VAT on digital transactions
In September 2021, the House of Representatives of the Philippines approved House Bill (HB) 7425 upon its third reading. HB 7425 seeks to impose a 12% value-added tax on digital transactions in the Philippines. With the proposed amendments to the National Internal Revenue Code, it appears that digital goods and digital services will be considered sold or rendered in the Philippines if the......
SyCip Salazar Hernandez & Gatmaitan | Philippines | 27 Aug 2021
Enforcement of Foreign Judgments in Philippines
SyCip Salazar Hernandez & Gatmaitan | Philippines | 15 Jul 2021
The Lending and Secured Finance Review: Philippines
SyCip Salazar Hernandez & Gatmaitan and SyCip Salazar Hernandez & Gatmaitan | Philippines | 23 Jun 2021
Telecoms and Media in Philippines
SyCip Salazar Hernandez & Gatmaitan | Philippines | 31 May 2021
Tips Tax Issues and Practical Solutions
The Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular No. 62-2021 dated April 30, 2021 (RMC No. 62-2021) to clarify certain…
SyCip Salazar Hernandez & Gatmaitan | USA | 30 Apr 2021
SyCipLaw’s Tax Department has prepared Tax Issues and Practical Solutions (T.I.P.S.) for April.
The Secretary of Finance issued Revenue Regulations No. 1-2021 (RR No. 1-2021) which Implements the tax incentives granted under Republic Act No…
SyCip Salazar Hernandez & Gatmaitan | Philippines | 29 Apr 2021
Labour & Employment in Philippines
SyCip Salazar Hernandez & Gatmaitan | USA | 21 Apr 2021
Amendments to the Anti-Money Laundering Act
The Anti-Money Laundering Act (AMLA) has been further amended by Republic Act No. 11521, 1 Which took effect on February 8, 2021 (or immediately…
SyCip Salazar Hernandez & Gatmaitan | USA | 1 Apr 2021
SyCipLaw’s Tax Department has prepared an international edition of its Tax Issues and Practical Solutions (T.I.P.S.) for the month of March.
On March 26, 2021, President Rodrigo R. Duterte signed the “Corporate Recovery and Tax Incentives for Enterprises Act” (Republic Act No. 11534, the…
SyCip Salazar Hernandez & Gatmaitan | Philippines | 22 Mar 2021
The FIST Act (Republic Act No. 11523): A Relief Measure for the Philippine Banking Industry
Republic Act No. 11523, also known as “An Act Ensuring Philippine Financial Industry Resiliency Against the COVID-19 Pandemic” (FIST Act)1 , which…
