Is High Taxation here to stay?

This article explores the impact of high taxes in the Philippines as a means of controlling inflation and their effects on private clients. It examines the Comprehensive Tax Reform Program (CTRP), highlighting key initiatives such as the TRAIN Act and the Sin Tax Reform Law, which aim to create a more equitable tax system while encouraging economic growth. Additionally, the article discusses the rise of Collective Investment Schemes (CIS) and the ongoing complexities in wealth management influenced by political and economic factors. As the Philippines works to enhance its financial landscape, understanding these dynamics becomes crucial for both investors and regulatory bodies.
Embracing Audit: A Career Path of Growth, Flexibility, and Fulfillment

Auditing offers a fulfilling career that aligns with my values, skills, and aspirations, providing meaningful work and continuous growth opportunities. At De Guzman, Pascual & Associates, CPAs (DGP), I appreciate the blend of professional advancement, flexibility, and independence that auditing provides. This career not only ensures transparency and accountability in financial reporting but also allows me to contribute to the integrity of businesses and financial markets. The sense of purpose and achievement I experience with each completed audit is deeply rewarding, knowing that my efforts build trust, protect investors, and make a tangible difference in the world.
Doing Business Guide in the Philippines 2024

The “Doing Business Guide in the Philippines” by De Guzman, Pascual & Associates provides essential insights into the country’s economic landscape, regulatory framework, and business environment. It covers key areas such as business registration, taxation, labor laws, and local business culture, offering valuable guidance for entrepreneurs and investors looking to succeed in the Philippine market.