SGV Tax FSO holds public seminar for clients

The SGV Financial Services Organization (FSO) Tax Team conducted a whole-day tax seminar for clients titled Taxation of Banks and Other Financial Institutions: Now and Beyond at the Dusit Thani Hotel, Makati City on 5 September 2016. There were 40 participants from various banks and other financial and non-financial institutions attended the seminar.

FSO Business Tax Advisory Partner Allan Exclamador (AVE) provided a review on income tax, gross receipts tax, value-added tax, and documentary stamp tax, while FSO Global Compliance & Reporting (GCR) Senior Manager Jana Bongato conducted a similar discussion on withholding taxes. FSO GCR Partner Jay Ballesteros (JAB) also presented an update on upcoming trends affecting the banking and financial services industries.

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The public seminar was organized by a core team comprised of FSO Tax Partners AVE and JAB, Senior Manager Jana Bongato, Associate Managers Emelyn Benitez, Lance Del Rosario and Mavis Caronan, and Executive Assistant Ruth Peñaflor.