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The Taxation Committee, which is under the Banking and Finance Division, was tasked with ensuring business sector representation and participation in the enactment of laws and policies on tax administration. Over the years, the Committee was able to formulate well-researched and well studied position papers on issues.
The tax seminars and updates have been a very important mechanism by which the Committee informs PCCI members of the latest taxation and accounting developments that may impact on the way they conduct business.
Director-in-Charge:
Atty. Antonio S. Abacan, Jr.
VP for Banking and Finance
Chairperson:
Ms. Tomasa H. Lipana
Staff-in-Charge:
Mr. Noel Domingo
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The Philippine Chamber of Commerce and Industry (PCCI) will hold its 2010 Tax Updates Seminar: Plans, Policies and Programs of the BIR under the Aquino Administration ” on August 26, 2010, at the New World Hotel, at 1:00-5:30pm
BIR Commissioner Kim Jacinto-Henares will be the Keynote Speaker to discuss the major policy initiatives, plans, and programs of the BIR under the Aquino administration.
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The Philippine Chamber of Commerce and Industry (PCCI) will hold its 2010 Tax Updates Seminar: New Compliance Rules for April 15 Tax Filing” on April 6, 2010, at the Dusit Hotel Thani, at 1:00-5:30pm
BIR Commissioner Joel Tan- Torres will be the Keynote Speaker to discuss the major initiatives, strategies, and programs of the BIR for 2010.
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The Philippine Chamber of Commerce and Industry (PCCI), the recognized voice of Philippine business, met with key officials of the Department of Finance (DOF) and the Japan International Cooperation Agency (JICA) on January 29, 2010, to discuss the study entitled “An Analytical Study of the Non-Investment Incentive Laws of the Philippines”.
Atty. Benedicta Du- Baladad, Co- Chair of the PCCI Tax Committee, said that there is a need to study the non- investment related tax incentive laws of the Philippines with a view of rationalizing the numerous incentives already currently granted. JICA reported that as of now, there are about 30 non-investment related laws among the146 tax-incentives laws in the Philippines. The tax-incentives are mostly in the social services, education, health, labor, and environment sectors and are aimed to assist the achievement of respective policy objectives in the form of tax exemption, deduction from the taxable base, tax credit and the others.
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The PCCI Tax Committee met with Commissioner of Internal Revenue Honorable Sixto Esquivias today, February 11, 2009, at the BIR National Office to request BIR’s commitment in reviving the Joint PCCI- BIR Tax Committee.
CIR Esquivias expressed his appreciation for the efforts of the PCCI Tax Committee in spearheading this endeavor, especially now that BIR is going around its regional offices to ensure efficient implementation of tax administration. He said that being a Commissioner is a very tough job and that PCCI’s willingness to revive the Joint Committee is a welcome effort to achieve revenue goals for the year.
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The PCCI Tax Committee, headed by Ms. Tammy Lipana, will be meeting with Bureau of Internal Revenue (BIR) Commissioner Sixto S. Esquivias IV on February 11, 2009 to discuss the possibility of reviving the Joint PCCI- BIR Tax Committee.
The Joint Tax Committee was organized through Revenue Special Order (RSO) 520-2006, written by then BIR Commissioner Jose Mario C. Buñag. It seeks to strengthen partnership between the BIR and the private sector and foster better relationship with the tax-paying public.
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