SGV Clark Partner-in-Charge Atty. Margaux A. Advincula was a resource speaker at the 2023 2nd Quarter General Membership Meeting (GMM) organized by the Clark Investors and Locators Association (CILA) held at the Summerset Ballroom, Old Royce Hotel in Clark, Pampanga on 31 July 2023. The meeting brought together business owners and investors, as well as prominent business leaders in Clark, Pampanga.
Atty. Margaux at the 2023 CILA 2nd Quarter GMM
CILA President Dr. Francisco Villanueva Jr. introduced Atty. Margaux as the resource speaker and initiated the discussion on updates on the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Implementing Rules and Regulations (IRR) and related Bureau of Internal Revenue (BIR) Issuances, which were included in his President’s Report. He also highlighted the various meetings conducted by CILA in its efforts to reach out to as many people and organizations within the ambit of concerned government agencies such as the Department of Finance (DOF) and the BIR.
Atty. Margaux (center) receives certificate and token of appreciation from CILA, represented by its President Dr. Frankie Villanueva (left) and Vice Chairman Radito Tuazon (right)
Atty. Margaux led the discussion on updates regarding the CREATE Act and its IRR and recent BIR issuances with a particular focus on the provisions related to the VAT exemption on importation and VAT zero-rating on local purchases by Registered Business Enterprises (RBEs).
(From left to right) Dir. Darwin Malinit, CILA President Dr. Frankie Villanueva, BOC Collector Atty. Noe L. Espenilla Jr., Atty. Margaux, CILA Executive Vice President Evelyn Yumul, and Dir. Froilanda Rodriguez
Atty. Margaux was joined by Business Tax Advisory (BTA) Senior Associate Atty. Jessica Ella S. Lagman.
