On May 28, 2024, Atty. Fulvio D. Dawilan, Managing Partner of Du-Baladad and Associates (BDB Law), served as a Guest Speaker at the General Membership Meeting of the Association of Certified Public Accountants in Public Practice (ACPAPP). He addressed the Ease of Paying Taxes (EOPT) from a legal perspective, providing valuable insights into the regulatory framework and its implications for taxpayers. His presentation covered a comprehensive range of topics including the timeline of EOPT, the issued revenue regulations, and the classification of taxpayers both before and after EOPT implementation.
Atty. Dawilan delved into the transitory provisions on taxpayer classification, highlighting reduced interest and penalties for micro and small enterprises. He also discussed filing, payment, and registration processes, alongside refund and remedy procedures. Significant changes to Value-Added Tax (VAT) and new invoicing requirements were also explained, underscoring the practical impacts of these regulations on the accounting profession. His expertise offered attendees a thorough understanding of the EOPT’s legal landscape, aiding their professional practice and compliance efforts.
