SGV Tax Leader Fame K. delos Santos (FKS), Tax Partner and PICPA Southern Metro Manila Chapter President Maricris U. See (MUS), and Consulting Partner Kaye S. Macaisa-Peña (KSM) were among the speakers at the Philippine Institute of Certified Public Accountants (PICPA) 2nd National Summit of CPAs in Commerce & Industry last 28-29 January. Held in partnership with the Association of Certified Public Accountants in Commerce and Industry (ACPACI), the summit aimed to discuss strengthening accountancy’s commerce and industry sector for future challenges.
MUS served as the emcee during the summit’s first day. FKS discussed the salient features of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill and its proposed tax and fiscal incentives. He also shared insights on how to maximize the incentives under the bill. He then discussed the BIR requirements for the submission of an Information Return on Related Party Transactions (BIR Form No. 1709).
KSM moderated the session titled “The Role of Finance in Navigating Through a Crisis, and Beyond” on 29 January. Other speakers at the session included executives from the food and capital markets sectors.