Taxes Archives | CloudCfo


April 30, 2021

3 mins read

Annual Income Tax Return in the Philippines – BIR Clarifies Attachment Requirements

The BIR has just released a new Advisory to clarify the deadlines for filing the required attachments to the Annual Income Tax Return.

Here’s what you need to know about the most recent BIR Advisory!

April 7, 2021

3 mins read

Annual Income Tax Return – No Deadline Extension for PH Taxpayers!

The BIR has confirmed that the deadline for filing the Annual Income Tax Return (AITR), has not been extended beyond 15 April, 2021!

Here’s all you need to know about the BIR’s recent clarification on the deadline date!

December 16, 2020

3 mins read

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!

November 23, 2020

5 mins read

Digital Services Taxation in the Philippines: Explained

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

October 15, 2020

3 mins read

BIR Form 1604-C: Guidelines & Instructions You Should Know

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.

September 24, 2020

5 mins read

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!

July 28, 2020

3 mins read

Percentage Tax in the Philippines: What You Need To Know

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!

June 11, 2020

3 mins read

Withholding Tax Compensation: How to Compute Your Taxes

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!

June 5, 2020

4 mins read

Documentary Stamp Tax: DST in the Philippines

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