Legal Insights

Plain-language guides and case briefs on Philippine law — researched from the firm's law library of 184,000+ statutes, Supreme Court decisions, and agency issuances, and written so non-lawyers can understand and act on them.

Showing 1–2 of 2 articles for “accounting methods”

Sort:Newest Oldest

Dec 1, 2021 taxation revenue regulations bir banking accounting methods expense deductions

Supreme Court Strikes Down BIR Rule on Bank Expense Allocation

The Supreme Court voided Revenue Regulations No. 4-2011 for overstepping BIR authority and violating taxpayers' right to choose accounting methods.

Oct 12, 1999 withholding tax corporate law tax law bir supreme court

When Does Withholding Tax Obligation Arise? Filipinas Synthetic Fiber Corp. v. CA

Philippine Supreme Court clarifies when the duty to withhold tax on payments to foreign corporations arises—at accrual or payment.