Cebu goes back to basics

SGV Cebu recently held the third leg of its Taxation Seminar Series with a back-to-basics seminar titled “Tax compliance 101: A comprehensive guide to extended withholding tax (EWT), value-added tax (VAT), withholding tax on wages (WTW) and fringe benefits tax (FBT).” With Tax partners Noel Rabaja, Sonia Segovia and Czarina Miranda, and senior director Josenilo Mendoza leading the discussions, the participants were guided through the underlying concepts to the administrative requirements set by the Bureau of Internal Revenue (BIR).