SGV Tax Partner Saha A. Bulagsak (SAB) led a webinar titled Recent Developments in Taxation on 18 December hosted by the Philippine Institute of Certified Public Accountants (PICPA) Davao Chapter. SGV Davao Partner-in-charge and Assurance Partner Jose Raoul Balisalisa welcomed participants to the event and Tax Manager Abegaile Marie Gamale moderated the session.
SAB discussed recent BIR issuances, particularly updates on income tax, withholding tax and value-added tax. She then provided an overview on the new BIR requirements for taxpayers with related-party transactions and updates on taxpayer rights and remedies, including the Voluntary Assessment and Payment Program (VAPP) for 2018. She also shared insights on the salient features of the Bayanihan to Recover as One Act, the CREATE bill and the government’s 2020 Investment Priorities Plan.
The webinar concluded with an open forum where SAB addressed participant questions. PICPA Davao Chapter Vice President Cedric Ian Carlo Petalcorin delivered the closing remarks.
