Taxes Archives | CloudCfo

Taxes

BIR Tax Audits In The Philippines – Suspended Over Christmas And New Years!

Under a recent Revenue Memorandum, the BIR has suspended tax audit letters, investigations and field operations over the holiday period!

In this article, we outline all you need to know as a company owner in PH!

The Taxation of Digital Services and Transactions In The Philippines

We outline recent developments around the taxation of digital transactions in the Philippines and the potential implications for PH businesses.

Annual Information Return of Income Taxes Withheld on Compensation in the Philippines – BIR Form 1604-C

In our latest article, we examine BIR Form 1604-C – an annual tax return filed by employers in the Philippines which must include the tax on compensation withheld from employees during the previous tax year.

Tax Treaty Relief and the BIR CORTT in the Philippines – Explained!

In this article, we outline what corporations need to know about the BIR Certificate of Residence for Tax Treaty Relief (CORTT) under RMO No. 8-2017!

Percentage Tax for Businesses in the Philippines – Explained!

What is Percentage Tax? What is the rate? What businesses can register for Percentage Tax? What’s the difference between VAT and Percentage Tax?

In this article, we explain all!

Employers in the Philippines – Withholding Tax on Compensation Explained!

If you own or manage a business with employees in the Philippines, you are likely to be familiar with Withholding Tax on Compensation.

This is Withholding Tax on Compensation – Explained!

Documentary Stamp Tax: DST in the Philippines

We outline what corporations need to know about filing and paying DST in the Philippines!

VAT for Corporations in the Philippines

We explain what corporations need to understand about VAT in the Philippines. We also provide a working example on how VAT is recorded from an accounting, bookkeeping and tax compliance perspective.

BIR Inventory Lists in the Philippines – Explained!

Here’s our Explainer on all you need to know about the submission of Inventory Lists to the BIR in the Philippines.