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.

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.