As 2019 draws to its end, the Taxation Practice Group of MVGS looks back to a busy year, with some challenging tax cases and projects. With the Taxation team slowly growing, its team head, Atty. Rosalia S. Bartolome-Alejo, is confident that the key objectives of MVGS will certainly be pursued: (1) to provide business friendly, practical, and cost-effective approaches to clients' tax concerns, whether it be for their businesses, family, or personal needs, and (2) to provide excellent taxation administration and litigation services, encompassing the range of tax remedies from the administrative to judicial levels, including the Court of Tax Appeals and the Supreme Court of the Philippines. MVGS' Taxation Practice consists of the following: Business Advisory Services, International Taxation, Estate Planning, Tax Remedies, and Tax Compliance Review.
In August 2017, MVGS joined the Tax Management Association of the Philippines or TMAP, the association of tax practitioners in the Philippines. This paved the way to the continuing professional growth of MVGS and its tax practitioners.
TMAP is a member of the Asia-Oceana Tax Consultants' Association or AOTCA, the association of tax professionals in the Asian and Oceanic regions. Recently, TMAP sent 21 delegates, including MVGS' CPA-lawyer Atty. Mary Elizabeth M. Belmonte, to the AOTCA International Tax Conference 2019 held on October 16-18, 2019 in Busan, South Korea. The following topics were discussed during the conference: (i) Artificial Intelligence: Will It Replace Human Tax Advisors; (ii) Digital Tax: How Governments Deal with Digital Transactions; and (iii) Tax Morale and Compliance: Country Update.