Who Are Compulsory Heirs Under Philippine Law?
Compulsory Heirs are the Legal Heirs of the deceased and are mandatory heirs under Inheritance Law Philippines. These Heirs, and the amount they inherit, are determined by Philippine Inheritance law when there is no Will, and even...
Conjugal Property Philippines
What is Conjugal Property and how is it applied if you married under Absolute Community of Property or Conjugal Partnership of Gains? Is Complete Separation of Property really a complete separation? Should I do a Pre-Nup to pr...
When an Heir Waives His Share of the Inheritance
It can happen that an heir to a Philippine inheritance might want to waive his share of the estate. A waiver may be total or partial...
Tax refunds on VAT exempt as opposed to zero-rated or effectively zero-rated transactions
Some transactions on which no VAT is imposed are referred to as VAT-exempt. Others are zero-rated or effectively zero-rated on which a VAT rate of 0% is imposed...
Getting a refund of input VAT on zero-rated or effectively zero-rated sales at the Court of Tax Appeals
In its recent decision in the case of Amadeus Marketing Philippines, Inc. vs. CIR, the CTA revisited what is required for a taxpayer to secure a credit or refund of input VAT on zero-rated or effectively zero-rated sales...