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The tax amnesty being available does not mean taxpayers should automatically take it up. In some cases, there may be a better alternative for delinquent taxpayers. These alternatives could be compromise settlements, abatement of penalties, or even protesting the assessment. The Center for Strategic Reforms of the Philippines launches the Tax Amnesty Roadshow to guide […]

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The Asian Consulting Group taught taxpayers the right way to save on taxes at its monthly Tax Hub Talks. Held on Tuesday, May 28, ACG Founding Chairman Mon Abrea led a discussion on the tax amnesty and tax options

The Asian Consulting Group taught taxpayers the right way to save on taxes at its monthly Tax Hub Talks. Held on Tuesday, May 28, ACG Founding Chairman Mon Abrea led a discussion on the tax amnesty and tax options. The Tax Hub Talks is a monthly seminar about a variety of topics organized under ACG’s […]

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The Asian Consulting Group’s Founding Chairman, Mon Abrea, attended the launch of the 2019 search for the The Outstanding Young Men (TOYM) awardees. The event was held in Quezon City on Wednesday, May 22 with the theme of “Celebrating Excellence. Inspiring Filipinos.” “It’s important that, as honorees, we serve as role models and at the […]

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MANILA, Philippines – The Asian Consulting Group (ACG) reaffirmed its vision to be the Tax Hub for SMEs in the Asia-Pacific during its Annual Stockholders’ Meeting held on Thursday, May 2, 2019 at its newly-inaugurated office at The Ignacia Place in, Quezon City. As announced by its Founding Chairman, the Philippine Tax Whiz Mon Abrea, […]

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The deadline for paying the income tax for 2018 has passed, and so time again to prepare for next year’s filing. It is a chore, but one that does not exempt working Filipinos, including the self-employed and professionals (SEPs). All SEPs are required to file their returns, even those who are exempt. One thing to […]

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It’s a confusing time for taxpayers, especially with all these new ITR forms. Even after you know which forms were updated, you need to find out if it should be the one you will use. Then, you also have to figure out how to file these new returns and pay your taxes. But just because […]

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What's New on April 15?

April 15 is the deadline for the most important type of tax payment — the annual filing of income tax returns (ITRs). Almost all registered taxpayers are required to pay this tax, with only a few exceptions. For the government, the income tax is where the bulk of the Bureau of Internal Revenue’s (BIR) collections […]

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Tax Hub Talks - What's on April 15?

The Tax Whiz Academy, in partnership with the Center for Strategic Reforms of the Philippines (CSR Philippines) launched its monthly Tax Hub Talks on Friday, March 22. The event covered a variety of topics such as doing business, starting a business and, the Tax Hub’s specialty, taxes.  The event was sponsored by Pizza Pedricos and […]

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Comprehensive Tax Reform Program Revisited

The Philippines’ inefficient tax system has resulted in high taxes and low compliance among taxpayers. The government’s solution to this nagging problem is the Comprehensive Tax Reform Program (CTRP), which seeks to create a simpler, fairer, and more efficient tax system. The CTRP’s first package was passed in December 2017 and imposed progressive rates on […]

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The Philippine Tax Whiz Proposes Necessary Reforms at the Asia CEO Forum

ACG Founding Chairman Mon Abrea discussed the reforms needed by the Philippine tax system at the Asia CEO Forum. The event was held at the Marriott Grand Ballroom, Resorts World Manila on Friday, February 22. With the topic of “Tax Reform Now,” the tax expert discussed the state of the Comprehensive Tax Reform Program (CTRP). […]

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