The People Advisory Services (PAS) Team conducted a webinar on individual income tax annualization and recent tax and immigration developments last 1 December. Tax Leader Fame delos Santos welcomed over 470 participants to the webinar, including finance, HR and payroll executives.
Speakers at the webinar were PAS Partner Czarina Miranda; Executive Director Josephine Adalem; Senior Directors Elena Manuel, Jocelyn Magaway and Marlynda Masangcay; and Director Maria Kathrynna Chavez. They discussed recent developments in individual taxation and immigration based on recent laws, BIR regulations and court decisions. They also provided an overview on performing year-end income tax adjustments, and shared insights on individual compliance for disclosure of related-party transactions, taxation of individuals during the COVID-19 pandemic, tax treaty relief application, and tax incentives for individuals under the Bayanihan to Recover as One Act.