SyCip Salazar Hernandez & Gatmaitan (SyCipLaw) senior partner Carina "Caren" Laforteza and special counsel Catherina "Kate" Fernandez discuss the taxation of AI in light of recent developments concerning the concept of situs of taxation as interpreted by the Bureau of Internal Revenue (BIR), the local tax authority in the Philippines. RMC No 5-2024 On 10 January 2024, the BIR issued Revenue Memorandum Circular (RMC) No 5-2024 to clarify the taxation of cross-border services in the Philippines. The RMC expanded the coverage of the Philippine Supreme Court's en banc decision in the case Aces Philippines Cellular Satellite Corp. v Commissioner of Internal Revenue, dated 30 August 2022...
SyCip Salazar Hernandez & Gatmaitan
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SyCip Salazar Hernandez & Gatmaitan (SyCipLaw) is one of the largest law firms in the Philippines with branch offices in Cebu City, Davao City, and the Subic Freeport Zone. It is a full-service law firm and was founded in 1945.
We offer a broad and integrated range of legal services, including those in the following fields:
* M&A and Special Projects
* Banking, finance and securities
* Corporate services and general commercial law
* Employment law and immigration
* Litigation and dispute resolution
* Tax
* Intellectual property
SyCipLaw has specialists in key practice areas such as anti-trust and competition, energy, infrastructure, real estate, data privacy, natural resources, government contracts, insurance, international arbitration, and TMT.
We represent clients from almost every industry and enterprise, and the firm’s client portfolio includes local and global business leaders. We also act for governmental agencies, international organizations, and non-profit institutions.
SyCipLaw is ranked as a top-tier firm by Chambers Asia-Pacific, Chambers Global, Asia-Pacific Legal 500, Asialaw Profiles, IFLR1000, and the ALB M&A rankings.
We maintain links with established and leading firms based in other jurisdictions, including the United States, and countries in Europe and Asia.
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Alan C. Fontanosa
Partner in ChargeAssociates
Christian B. Llido
Senior AssociateArticles
SyCipLaw's Top 10 Tax Issues and Practical Solutions (T.I.P.S.) for 2023
SyCipLaw’s Tax Department has listed down its Top 10 Tax Issues and Practical Solutions (T.I.P.S.) for 2023. Please read the full text hereor via this
SyCipLaw partner Rose Marie M. King-Dominguez has been included in the Asian Legal Business (ALB) Asia's Super 50 TMT Lawyers 2024 list. The list was announced in ALB's March 2024 issue.Ms. King-Dominguez is an M&A, investments and commercial law practitioner, specializing in technology, media, and telecommunications (TMT) as well as data privacy. She has advised and assisted foreign and local clients on a range of projects and issues in the field, from artificial intelligence to fintech to value added services. SyCipLaw's TMT group, which Ms... Global research publication WTR1000 has given SyCipLaw a Gold ranking in the 2024 edition of its directory. The firm enjoyed the same ranking in 2023.This year's edition also highlighted the following lawyers as Recommended Individuals:Vida M. Panganiban-Alindogan, partner and head of the firm's Intellectual Property department, retains her Gold ranking. WTR1000 notes that her insightful advice, broad enforcement capabilities and prosecution prowess have been "appreciated by some of the world's leading brands in industries such as technology, pharmaceuticals, luxury goods, and fashion."Anthony W...
SyCipLaw's Rose Marie King-Dominguez Recognized as One of Asia's Super 50 TMT Lawyers 2024
SyCipLaw Recognized in 2024 WTR1000, Retains Gold Ranking