SGV conducts tax updates seminar for ASEFEX

SGV conducted a tax update seminar for the Association of SEIPI Finance Executives (ASEFEX) during the Association’s General Membership Meeting last November at the Acacia Hotel, Alabang, Muntinlupa City.

GCR Associate Director Gecel Codera presented the recent regulations on withholding tax on compensation and fringe benefit tax. The next session on Base Erosion and Profit Shifting was discussed by International Tax Services Partner Atty. Rey Marcelo. Lastly, Business Tax Advisory Partner Atty. Ruby Aquino discussed the new issuances of the Bureau of Internal Revenue for 2015 that are generally relevant to the semiconductor and electronics companies.

ASEFEX is an association of finance executives practicing in the semiconductor and electronics industry. SEIPI (the Semiconductor and Electronics Industries in the Philippines Foundation, Inc.) is the largest organization of foreign and Filipino semiconductor and electronics companies in the Philippines. Assurance Partner Aileen Saringan helped organize the seminar, along with Senior Directors Atty. Thyrza Marbas, Bienvenido Rebullido II, and Joanne Marie Cobacha.