For most taxpayers, the deadline for filing the Annual Income Tax Returns (AITR) was yesterday (April 15). It is at this moment that a decision to either refund or carry over the excess withholding tax credits must be made. The Supreme Court in one ca...

The Ease of Paying Taxes Law (EOPT) has introduced changes in claims for excess input VAT and erroneously paid taxes. The period that the BIR is mandated to act on these claims is now defined. The law is also clear on the remedies available to taxpaye...