At the Seminar on Tax Updates hosted by the Philippine Institute of Certified Public Accountants (PICPA) in collaboration with the PICPA Committee on Legislation and Taxation on March 14, 2025, at Novotel Manila, Araneta City, Quezon City, esteemed speakers shared valuable insights on the latest tax developments.
Atty. Fulvio D. Dawilan, Managing Partner at BDB Law, discussed the evolution of VAT under the CREATE MORE Law, emphasizing its impact on businesses, tax treatment of transactions, and key considerations for compliance, refunds, and special industry regulations. He was joined by Atty. Juanito Balbastre, Head Revenue Executive Assistant for Legal Service of the Bureau of Internal Revenue (BIR), for an interactive Q&A session that explored critical tax policy issues and practical compliance challenges in the CREATE MORE Law.
