In less than a week, the Annual Income Tax for individuals and corporations should be filed or else, you will be slapped with hefty penalties: 25% surcharge and 12% interest based on the unpaid tax due, and up to P50,000 compromise penalty. However, this is in contrast with the latest intrigue being faced by a …
For Almost A Quarter of A Century, P23 Billion Tax Due Remains Unpaid Read More »
Mr. Jose Magsaysay, Jr., the co-founder and Chairman Emeritus of Potato Corner is the newly appointed Chairman of Asian Consulting Group in the recently held Annual Shareholders and Board of Directors Meeting last March 23, 2022. While Mon Abrea stepped down as the Chairman, he remains as the CEO and Senior Tax Advisor of the …
Asian Consulting Group appointed new board members Read More »
Election campaigns are very much alive throughout the country due to the upcoming Presidential National Election on May 9, 2022. Voters are becoming much more vigilant on which candidate they are to vote for. With all these events, Our CEO and founder, Mon Abrea discusses “Governance and tax collections” on Philippine Daily Inquirer, digesting the …
It may seem scary when your business receives a Letter of Authority (LOA) from the BIR especially if you lack knowledge about its process. Oftentimes, businesses would equate BIR audit with closure of their companies, imprisonment or paying tons of penalties and compromises – which is not always the case. The main objective of a …
“Always file and pay the correct taxes and ensure all reported information is accurate” is wisdom that bears repeating because non-compliance may have dire consequences. While some tax violations may be settled with a fine, serious ones may be considered criminal offenses which could lead to imprisonment. The latest article of our Chairman and CEO …
QUEZON CITY, PHILIPPINES – The “Philippine Tax Whiz” and Asian Consulting Group (ACG) Chairman and CEO Mon Abrea opened the year with the Investment & Tax Briefing, a series of seminars for overseas Filipinos held from January 3 to February 8. In this 2022 US Roadshow, Abrea met with kababayans based in Washington, D.C., Los …
Tax Whiz urges overseas Filipinos to invest in the Philippines Read More »
Asian Consulting Group’s Chairman and CEO, Mon Abrea, is set to travel to the United States today, December 27, 2021, to give Investment and Tax Briefings in different major states and cities. In partnership with the Department of Trade and Industry (DTI) and as part of the Trabaho, Negosyo, at Kabuhayan (TNK) Program, the International …
Join us this season of giving and celebration! Center for Strategic Reforms of the Philippines will have its yearly tradition of Pamaskong Handog para sa Kabataan at Pamilyang Pilipino on December 15, 2021 in partnership with Asian Consulting Group, Dingdong.PH and YesPinoy Foundation. For more than a decade, the Pamaskong Handog para sa Kabataan at …
Pamaskong Handog para sa Pamilyang Pilipino is happening this December 15, 2021! Read More »
Chairman and CEO of Asian Consulting Group, Mon Abrea, has made it clear that to fully be able to make taxes easier for everyone, the government must be proactive in reviewing and revising the passed legislation to further cater it to the needs of taxpayers and to cease corrupt activities in the government. In the …
In aid of legislation, recommendations are made to urge the government to do better. Read More »
Are you currently being audited by the BIR and you’re not exactly sure how to go about it? In the latest published Rappler Article, ACG Chairman and CEO, Mon Abrea, briefly discusses what criteria the BIR considers during an issue-based audit program. Generally, all taxpayers are possible candidates when it comes to being audited by …
It’s not too late to register for Session 2 and 3! Read More »
