Vice President
Mr. Antonio S. Abacan Jr.
Metrobank
Taxation Chairperson
Ms. Tomasa Lipana
Isla Lipana and Associates
PCCI Secretariat
Ms. Fleur-de-lis Nadua

Banking and Taxation

The Banking and Taxation Sector takes the lead in monitoring and formulating the business sector’s position on finance and taxation legislations and issuances.

Pursuing the objective of ensuring that finance and taxation regulations are as simple, transparent and as business-friendly as possible, the Sector monitors legislations and policy decisions that affect/relate to the sector and crafts position papers as needed.  Regular tax seminars are also organized to update the business community on the latest revenue regulations.

The Sector works closely with the Department of Finance, the Bureau of Internal Revenue, and Congress and is represented in the National Competitiveness Council’s (NCC) Working Group on Improved Budget Transparency.

Joint Position Paper on RMC 40 - 2011 Requiring submission of supplemental information return

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We, the Philippine Chamber of Commerce and Industry (PCCI), the Tax Management
Association of the Philippines (TMAP), the Management Association of the Philippines (MAP),
Employers Confederation of the Philippines (ECOP), Philippine Exporters Confederation Inc.
(PHILEXPORT), and the Financial Executives Institute of the Philippines (FINEX), respectfully
submit this position paper to convey our concern on RMC 40 -2011 which requires submission
of Supplemental Information Return (SIR) as part of the annual income tax returns of the
following individual taxpayers: Read more...