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Nationwide Tax Roadshow Albay - Tax Seminar

The Nationwide Tax Roadshow Visits the Home of Mayon Volcano!

The Nationwide Tax Roadshow was held in Albay from Saturday to Monday, October 20 to 22. Under its Tax Whiz Academy program, the Asian Consulting Group (ACG) conducted the event in partnership with the Center for Strategic Reforms of the Philippines and the Department of Trade and Industry’s Negosyo Center (DTI Negosyo Center). As part […]

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The Nationwide Tax Roadshow at Cebu: Two Days of Taxes!

The Nationwide Tax Roadshow crossed to Cebu on October 17 and 18, led by the Philippine Tax Whiz Mon Abrea. The two-day roadshow was held on venues all over the Queen City of the South. The first event of the roadshow was an Executive Tax Briefing for the Cebu Chamber of Commerce and Industry. During […]

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Executive Tax Briefing at First Open House

ACG Holds Executive Tax Briefing at the Tax Hub’s First Open House

The Asian Consulting Group held an Executive Tax Briefing at its first Open House on Friday, October 12. Designed as the Philippines’ first Tax Hub, the office is open to all interested taxpayers for consultations, tax seminars, and even tax coaching sessions. As part of the Open House, the Philippine Tax Whiz Mon Abrea led […]

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Invalidating the BIR Audit

Invalidating the BIR Audit

The Bureau of Internal Revenue (BIR) has the authority to audit all taxpayers and render assessments for deficiency taxes. During audits, the BIR effectively uses a fraction of the government’s resources against a single taxpayer. Meanwhile, the taxpayer still has to carry on his or her business operations while the audit is taking place. The […]

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5 Learning Investments Every Entrepreneur Should Not Miss

5 Learning Investments Every Entrepreneur Should Not Miss

When was the last time you invested in yourself? We know for entrepreneurs like you, it’s not always easy to accept this but it’s mostly proven that the investment with the highest rate of return is on your education. Yes, it not investments on cryptocurrency, stocks, nor foreign exchange – not for a short period […]

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Are We Collecting the Right Taxes?

Are We Collecting the Right Taxes?

In its 2017 Annual Report, the Bureau of Internal Revenue (BIR) stated that its year-on-year collection has improved again. Despite this, it has missed its annual collection target, mainly due to missing its income tax targets. A question that warrants asking then is where the high revenue collection draws from. Does it come from better […]

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Modernizing Tax Administration

Modernizing Tax Administration

Instead of increasing excise taxes on fuel and coal which has inflationary impact on consumer goods, the government must prioritize modernizing tax administration to broaden taxpayer base and increase voluntary compliance. The Tax Reform for Acceleration and Inclusion (TRAIN) law aims to make our tax system simpler, fairer and more efficient but has included only […]

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Parañaque Cooperative Development Office - TRAIN Seminar

Cooperating with Cooperatives: ACG Holds TRAIN Seminar for the Parañaque Cooperative Development Office

The Asian Consulting Group (ACG) conducted a seminar for the Parañaque Cooperative Development Office on Tuesday, September 11, 2018. The event was held at the Mayor’s Lounge, Parañaque City Hall and was attended by officers and staff of various cooperatives. The discussion revolved around TRAIN Law – its content and its impact on cooperatives. Also […]

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Tax Reform and Inflation

Tax Reform and Inflation

TRAIN Law’s built-in suspension of the excise tax on fuel has yet to kick in despite increasing inflation. Consumer prices continue to skyrocket as inflation hits another 9-year high at 6.4% in August 2018, again exceeding the Department of Finance’s forecast of 5.9%. According to the provisions in the law, the next scheduled increase of […]

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Improving Businesses through TRABAHO: ACG Attends PCCI-QC GMM

The Asian Consulting Group conducted a TRAIN seminar at the General Membership Meeting of the Philippine Chamber of Commerce and Industry – Quezon City (PCCI-QC). The event was held at the Oriental Palace, Quezon City on Friday, August 31, 2018. The exclusive event was attended by members of PCCI-QC, comprised of business owners and entrepreneurs. […]

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