Statement of Management Responsibility and Tax Governance | RT&Co Tax Spotlight
Curated tax perspectives shaping business decisions. Author: Joel L. Tan-Torres Publisher: BusinessMirror Publication Date: March 23, 2026 In this article, Joel L. Tan-Torres revisits the Statement of Management Responsibility (SMR) under Revenue Regulations No. 3-2010 and discusses why it remains relevant in today’s compliance environment. While the SMR originated as part of earlier tax administration…
Philippine Tax Administration Reform: Digitalization, Taxpayer Rights, and Practical Change | RT&Co. Tax Spotlight
Curated tax perspectives shaping business decisions. Author: Joel L. Tan-Torres Publisher: BusinessMirror Publication Date: February 23 to March 16, 2026 Summary: This four-part BusinessMirror series by Joel L. Tan-Torres discusses practical approaches to reforming Philippine tax administration. Across the series, the author argues for proportional, targeted reform rather than wholesale institutional restructuring, and highlights areas…
The 13th FINL Explained: Navigating New Limits and Opportunities for Foreign Investors
On April 13, 2026, Malacañang promulgated the Thirteenth (13th) Regular Foreign Investment Negative List (FINL) through Executive Order No. 113, s. 2026, replacing the 12th FINL issued in 2022. The updated list reflects statutory amendments and policy shifts intended to further liberalize foreign investment, while preserving restrictions grounded in the Constitution and national security considerations.…
RT&Co. Tax Spotlight: Taxing times in an oil crisis
RT&Co. shares selected articles and commentaries on tax regulations, updates, and business issues that remain relevant to taxpayers, finance leaders, and decision-makers.