Another crucial component of doing business in the Philippines is managing one’s taxation affairs. The Tax Department (TaxDep) of FBRT has been established by legal professionals with vast experience in the handling of tax assessments, due diligence and the institution of tax management systems. Despite being a relatively new addition to the Firm, they are a dynamic team who are now widely recognized among multinational companies in Metro-Manila as the “go to” people when seeking help with taxation concerns. This can involve anything from applications for tax treaty rulings on preferential tax rates to the filing of protests with the Bureau of Internal Revenue or appeals with the Court of Tax Appeals. TaxDep’s legal experience includes tax counseling, due diligence and tax planning services, tax advocacy (which encompasses the filing of protests against tax assessments), and litigation by appeals.