Atty. Jomel N. Manaig, Partner at BDB Law, discussed legislative and judicial tax updates during the Tax Talks: Year-End Webinar on Tax Updates, Regulations, and Reminders organized by the Philippine Chamber of Commerce and Industry. The session gave updates on both the local and international front.
He gave the attendees insights on recently passed tax laws such as the Real Property Valuation and Assessment Reform Act (RPVARA), the Digital Services Tax (DST), and CREATE MORE. He likewise discussed significant Supreme Court cases that helped shape the Philippine tax landscape.
For an international perspective, Atty. Jomel introduced the attendees to the basic concepts of Pillar Two (Global Minimum Tax) and its impact on the Philippine operations of multinational entities.
