Philippines

Reviews

Practice area

World TP Reviews

Transfer pricing
Du-Baladad and Associates

Benedicta Du-Baladad is the head of the transfer pricing practice at Du-Baladad and Associates. The firm provides a wide range of transfer pricing practice in terms of the OECD guidelines and local country rules, including transfer pricing risk assessment, planning and benchmark analysis, selecting appropriate transfer pricing methods and negotiating APAs with the tax authorities. The firm also represents clients to defend transfer pricing policies and handle transfer pricing audit defence.

In the past year, the firm conducted a transfer pricing study and documentation on the inter-company transactions between one company and its affiliates. 

Shiendy Loufer Casana, Septfonette Fe Balusdan and Jose Emilio Teves joined the firm in 2017. Angelo Macaranas, Mabel Buted and Francis Kavvin Escobar joined the firm in 2018.

Navarro Amper & Co

Carlo Llanes Navarro is the head of the transfer pricing practice at Navarro Amper & Co. In January 2017, Deloitte Southeast Asia Transfer Pricing Center was established in Manila in response to the regionalisation of transfer pricing requirements. The centre is led by Llanes and has more than 30 full time staff in Manila. It provides documentation services to meet the three-tier documentation requirements under BEPS Action 13 using Deloitte TP Digital DoX. Since 2016, Navarro Amper & Co has been providing training to the Bureau of Internal Revenue (BIR) related to regional transfer pricing trends. The firm has also been working with the BIR on the development of its policies and regulations.

The team has expanded with the addition of director Uziel Alvarez, an expert in transfer pricing practice.

RG Manabat & Co

Maria Carmela Peralta is the head of transfer pricing at RG Manabat & Co. The transfer pricing team is comprised of 20 other transfer pricing professionals, including lawyers and accountants. The team provides a wide range of transfer pricing practice, involving documentation and benchmarking analysis, transfer pricing advisory services, assistance in handling transfer pricing-related audits, transfer pricing ‘health-checks’ and risk analysis. The team also helps clients prepare documentation under the scope of BEPS Action 13.

In 2017, Peralta assisted one publicly-listed Philippine multinational entity with the preparation of BEPS Action 13. It comprised compliant master file, a Country-by-Country Report and local files.

Salvador Llanillo & Bernardo

Salvador Llanillo & Bernardo, Taxand Philippines, was the first law firm to have a transfer pricing team in Philippines. Grace Molina is the head of the transfer pricing team. She has 20 years’ experience in corporate, legal, international tax and transfer pricing in both the Philippines and Vietnam. The firm deals with transfer pricing cases that cover a wide range of industries, including gas manufacturing, business process outsourcing, retail, hotels and banking. The deals mostly are the preparation of transfer pricing documentation reports covering multiple years.

In 2018, Grace Molina, Chandine Villegas, Hanna Besa and Vernadeth DE Castro assisted The Sutherland Group with the preparation of transfer pricing documentation. This project included the preparation of transfer pricing documentation for multiple years in line with Philippine transfer pricing rules.

The team hired Chandine Kaye Villegas as an assistant transfer pricing manager in the past year, an expert that has four years transfer pricing experience with a big four firm. The firm also hired Hanna Dominique Besa and Jose Anton Santos as a transfer pricing junior consultants, to complete the full-time transfer pricing team in 2017.