TaxWhizPH

31/07/2026

19/07/2026

Join us at the ASEAN Tech Summit Manila 2026 and connect with industry leaders while gaining insights from visionary speakers shaping the future of technology and innovation.

We're proud to unveil our distinguished speakers and panelists for the ASEAN Tech Summit Manila 2026.

This isn't just another technology conference it's where bold ideas ignite meaningful conversations. Explore the future of AI, leadership, cybersecurity, regulation, digital sovereignty, inclusion, and innovation, and learn from the region's leading experts and industry pioneers.

Be part of the conversations shaping ASEAN's digital future.

Register here: https://aseantechsummit-manila2026.com
📅July 28–29, 2026
📍Marriott Grand Ballroom, Newport, Pasay City

See you at the ASEAN Tech Summit Manila 2026!

29/06/2026

If a public official possesses wealth that is grossly disproportionate to legitimate sources of income, that discrepancy should trigger a thorough financial and tax audit. While unexplained wealth alone does not automatically establish criminal liability, it raises serious questions that warrant scrutiny by the appropriate authorities.

The Bureau of Internal Revenue (BIR), working closely with the Office of the Ombudsman, the Anti-Money Laundering Council (AMLC), the Commission on Audit (COA), the Securities and Exchange Commission (SEC), the Bangko Sentral ng Pilipinas (BSP), the Land Registration Authority (LRA), and other agencies, possesses powerful tools to examine Statements of Assets, Liabilities and Net Worth (SALNs), income tax returns, property records, corporate interests, beneficial ownership structures, and financial transactions to determine whether tax laws have been violated.

Tax evasion is often easier to establish than corruption because tax cases focus on a more objective question: Was income earned, received, or accumulated, and was it properly declared and taxed?

The principle is simple: if wealth exists, its source must be explained.

If the source cannot be lawfully established, authorities should determine whether taxes were properly paid. If taxes were not paid, the government should pursue the appropriate civil, administrative, and criminal remedies under the law.

A successful tax prosecution carries significant consequences. Beyond the payment of taxes, penalties, and fines, criminal convictions can result in imprisonment. More importantly, public officials convicted of corruption and tax-related offenses should face perpetual disqualification from holding public office. Accountability should not end with imprisonment. Those who betray the public trust should never again be entrusted with the power to spend taxpayers’ money, award government contracts, or craft the laws of the land.

The fight against corruption should be supported by a coordinated system that follows financial trails, detects unexplained wealth, and enforces tax laws consistently regardless of political affiliation,...

01/06/2026

25/05/2026

Today, value is increasingly created through algorithms, data, cloud infrastructure, digital platforms, and intellectual property.

A company can now generate billions in revenues in one jurisdiction while reporting profits elsewhere through complex multinational structures involving transfer pricing, licensing arrangements, and low-tax jurisdictions. This exposed major weaknesses in traditional international tax systems and triggered global calls for reform.

Few companies demonstrated this challenge more visibly than Uber.

Uber became one of the defining case studies in digital taxation because it disrupted not only transportation markets but also traditional tax frameworks. Governments worldwide began asking difficult questions: Where should digital profits be taxed? Should ride-sharing services be subject to VAT or GST like traditional taxis? How should governments treat cross-border platform revenues?

Australia moved early in addressing these challenges by imposing GST obligations on ride-sharing services and strengthening multinational anti-avoidance measures. The Philippines is now accelerating its own reforms through Republic Act No. 12023, which expanded 12% VAT coverage to digital services, including nonresident digital service providers.

But during the Australia–Philippines Technology Forum organized by the Australia Philippines Business Council (APBC), official partner of Asian Consulting Group (ACGlobal), one important reality became clear: the quality of tax policies will only be as good as the level of understanding, relationship, and collaboration between policymakers and stakeholders of the digital economy.

Technology is evolving far faster than tax rules.

Governments therefore cannot rely solely on traditional regulatory approaches. Policymakers must engage industry leaders, innovators, investors, and technology stakeholders not only for dialogue, but also for helping shape practical, future-ready, and globally competitive policies.

Government must not act merely as a regulator that penalizes innovation. It must become a partner and enabler that promotes innovation through fair, efficient, and predictable tax policies.

Most importantly, governments must ask a more fundamental question beyond simply “what tax” or “how much tax” to collect.

The real question is: WHO ultimately pays these taxes?

Poorly designed taxation may ultimately overburden consumers, discourage digital adoption, weaken consumption, and slow economic growth itself.

25/05/2026

25/05/2026

The Certificate of Entitlement to Tax Incentives (CETI) is a document issued by an Investment Promotion Agency certifying that a registered business enterprise is eligible for tax incentives under Philippine...

18/05/2026

Australia and the Philippines are entering a new era of digital and economic collaboration.

The Australia–Philippines Technology Forum 2026 in Sydney highlights how innovation, digital transformation, and policy cooperation can strengthen trade and investment linkages between the two countries.

This initiative aligns closely with our Philippine Investment Mission in Australia, opening doors for strategic partnerships, attracting long-term investments, and positioning the Philippines as a competitive, investment-ready economy in the digital age.

From technology to taxation, from infrastructure to innovation, the message is clear: building stronger digital foundations means building stronger economic futures for both nations.

See you in Sydney as we advance a more connected and future-ready Australia–Philippines partnership.

For registration details, visit: https://www.eventbrite.com/e/australia-philippines-resources-forum-2026-tickets-1985226976327

Australia Philippines Business Council I.T. & Business Process Association of the Philippines Philippine Economic Zone Authority Philippine Embassy in Australia DTI Sydney

09/05/2026

ASIAN CONSULTING GROUP OFFICIALS CALL ON AMBASSADOR
아시안 컨설팅 그룹 관계자, 주한필리핀대사 예방

04 May 2026, Seoul - Mr. Mon Abrea, Founder and CEO, and Ms. Hazel Joy Mendoza, Chief Strategy Officer, of Asian Consulting Group (ACG) called on Ambassador Bernadette Therese C. Fernandez at the Philippine Embassy in Seoul on 04 May 2026. Mr. Abrea is a globally-recognized tax policy expert and advisor to governments, multinational corporations, and international organizations.

The meeting discussed issues relating to current Philippine policies, including taxation, and how they affect different sectors of the Philippine economy and foreign investments. Mr. Abrea also covered financial products offered by the Philippine Government that have relatively low risks and offer decent returns that Overseas Filipinos can invest in.

Mr. Abrea also presented a copy of his new guidebook, “Why Invest in the Philippines? A Guide in Investing and Doing Business in the Philippines - Create More Edition”, to Ambassador Fernandez. The book serves as a handy and comprehensive guide detailing why the Philippines is a premier investment destination with a technically proficient workforce, strategic location in Asia and and a liberalized economy. - END

02/05/2026

The global experience is clear: cutting VAT without fixing compliance and administration weakens revenues without delivering proportional economic benefit