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UPDATES ON PROPOSED TAX REFORMS
 
 
LATEST NEWS
 
TMAP and Business Groups demand recall of new BIR rule on VAT refund claims
A group of twenty (20) business associations and professional groups including the Tax Management Association of the Philippines (TMAP) filed on 21 October 2014, a joint letter with the Department of Finance (DOF). The letter emphasized the detrimental effects on various businesses of Revenue Memorandum Circular (RMC) 54-2014 prescribing new rules for VAT refund claims.
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TMAP Kapihan Discusses Tax Reform Proposals
Taxpayers are excited with the various tax reform proposals now pending with Congress. Most of the proposals seek to lower the tax rates or increase tax exemptions particularly of individual income taxpayers. Lawmakers have finally noticed that the tax brackets are obsolete and result to very high tax burden on the individual income taxpayers.
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OTHER NEWS
 
Tax Reform Agenda in September GMM
TMAP has been visible in mass media and social networks to publicize its support to Congressional initiatives to overhaul the tax system for the benefit of the taxpaying public.
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TMAP Holds 2nd Tax Seminar
TMAP conducted its 2nd tax seminar for 2014 entitled “Recent Tax Developments, Proposals and Controversies Through the Eyes of TMAP” on September 24, 2014 at the Hotel Intercontinental Manila.
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CALENDAR OF EVENTS
 
 
RECENT TAX DEVELOPMENT, PROPOSALS AND CONTROVERSIES THROUGH THE EYES OF TMAP
24 September, Wednesday (2pm to 5pm)
Bahia, Hotel Intercontinental Manila,
Makati City
Click here to download flyer
General Membership Meetings:
• January 29, 2014
• February 26, 2014
• March 26, 2014
• April 24, 2014
• May 24, 2014
• June 26, 2014
• July 31, 2014
• August 28, 2014
• September 24, 2014
• October 29, 2014
• November 26, 2014
• December 3, 2014
 
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