TaxWise® Tax Preparation Software
TaxWise® Tax Preparation Software
Dec 2, 2022
wolterskluwer.com
In a recent "Taxwise or Otherwise" article, Marvin Joseph Manuel, Tax Services Manager at PwC Philippines, delves into the Tax Code's guidelines for handling debts deemed worthless and uncollectible within a taxable year. He outlines the necessary criteria for claiming deductions on bad debts and highlights the different methods and documentation that can be used to establish a debt's worthlessness. Read the full article here: https://www.pwc.com/ph/en/tax/tax-publications/taxwise-or-otherwise/2
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