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Showing 1–3 of 3 articles for “advertising expenses”

When Advertising Costs Become Capital Expenditures: Lessons from CIR v. General Foods

Philippine Supreme Court ruling on when large advertising expenses are deductible business costs or capital outlays for goodwill.

When Advertising Costs Become Capital Expenditures: Lessons from Commissioner of Internal Revenue v. General F

Supreme Court ruling on when media advertising expenses are deductible business expenses or capital outlays for goodwill.

Advertising Expenses and Tax Deductions: Ordinary vs. Capital Outlay in the Philippines

Philippine tax law on advertising deductions: when a colossal ad spend becomes a capital outlay, not an ordinary expense.