SGV tax updates for SEIPI members

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SGV conducted a tax update seminar for members of the Association of Semiconductor and Electronics Industries of the Philippines, Inc. (SEIPI) Finance Executives during the latter’s General Membership Meeting on 28 November at the Bellevue Hotel, Alabang.

Tax Partner Noel Rabaja presented the recent regulations on withholding, fringe benefit and income taxes issued by the Bureau of Internal Revenue in 2014. He discussed the implications and impact of these issuances on the companies operating in the semiconductor and manufacturing industry. A short question and answer session with the audience followed the presentation.

SEIPI is the largest organization of foreign and Filipino semiconductor and electronics companies in the country. Other attendees included representatives from Allegro Microsystems, AMS Asia, Cypress Microsystems, GF Micro Optics, Ibiden Philippines, Integrated Microelectronics, Rohm Electronics, Tsukiden Electronics and Zilog Electronics.

SEIPI Engagement Partner Aileen Saringan and senior managers Manolito Elle, Bienvenido Rebullido and Jo-Anne Matas, in coordination with SEIPI, organized the event.