RESEARCH SERVICES
News updates, Analytical Reports,
Industry reports and Surveys
Read more
Services
-
CONSULTANCY SERVICES
WBF has more than 20 years of Philippine experience in helping companies understand their market and operating environment. In those years, it has guided over 40 companies in launching their products... Read more -
PEER GROUP SERVICES
WBF has over a quarter of a century experience in professional consulting and assisting business in their operations in the Philippines. It has gained a well-deserved reputation among the foreign and local business community in the Philippines... Read more
News
-
President Rodrigo Duterte continued his word war with international bodies as he challenged the United Nations (UN) and the European Union (EU) to come to the Philippines for a debate on human rights and extrajudicial killings. “I’ll write them a letter to invite them for an investigation but in keeping with the time-honored principle of the right to be heard, after they ask me questions, I’ll ask them 1 by 1,” Pres. Duterte said. He asked Executive Secretary Salvador Medialdea to draft the letter of invitation to the UN and the EU. The president also said he would ask the UN special rapporteur the name of his supposed 1st victim, the reason for the killing, time of execution and how it was done. He maintained security forces were not behind the torture and extralegal killings of drug personalities.
-
Businesses are now under tighter watch by the Bureau of Internal Revenue (BIR), which issued new rules and procedures covering “issue-based” value-added tax (VAT) audits. “(This is) to increase audit coverage of VAT-registered taxpayers,” Revenue Memorandum Order 59-2016 dated Sept. 19 said. “The order will cover issue-based audit/investigation of VAT liabilities of VAT-registered taxpayers,” it added. The new audit system will be on top of BIR’s regular VAT audit program. BIR officials were not responding to request for further comment. While the public generally pays VAT through purchases, those required to file returns are businesses, sellers, leasers and importers with aggregate annual gross sales of more than P1.9 million. Returns are filed with the BIR quarterly, according to the National Internal Revenue Code.
Member's Log in
-
Recover password
No account yet? Register
WBF Poll
- Sorry, there are no polls available at the moment.
