Partners

Thaddeus R. AlvizoPartner

Hector M. De Leon, Jr.Managing Partner

Alan C. FontanosaPartner in Charge

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Associates

Neil Jason T. CasasAssociate

Evan Clark P LimAssociate

Christian B. LlidoSenior Associate

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Ian Dominic M OrinoAssociate

Tax Issues for Practical Solutions (T.I.P.S): International Edition
SyCip Salazar Hernandez & Gatmaitan, March 2021

The SyCipLaw T.I.P.S. International Edition covers the following tax issues: 1. What are the salient provisions on income tax under the Corporate Recovery and Tax Incentives for Enterprises Act, or CREATE Act? On March 26, 2021, President Rodrigo R. Duterte signed the “Corporate Recovery and Tax Incentives for Enterprises Act” (Republic Act No. 11534, the CREATE Act) into law. It will take effect within 15 days from its publication in the Official Gazette or in a newspaper of general circulation. The CREATE Act further amends certain provisions of the National Internal Revenue Code, as amended (the Tax Code)...

The FIST Act (Republic Act No. 11523): A Relief Measure for the Philippine Banking Industry
SyCip Salazar Hernandez & Gatmaitan, March 2021

Republic Act No. 11523, also known as “An Act Ensuring Philippine Financial Industry Resiliency Against the COVID-19 Pandemic” (FIST Act)1, which seeks to assist banks and financial institutions (FIs) in dealing with the adverse effects of the COVID-19 pandemic, took effect on February 18, 2021 upon its publication in the Official Gazette and in a newspaper of general circulation. This law provides a legal framework for the full transfer of the bad loans and assets of banks by allowing them to clean their books and re-channel their resources to improve liquidity in the financial system...

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SyCipLaw Admits Four New Partners
SyCip Salazar Hernandez & Gatmaitan, March 2021

SyCip Salazar Hernandez & Gatmaitan (SyCipLaw) is pleased to announce the admission to the partnership of Easter Princess U. Castro-Ty, Joanna Marie O. Joson, Maria Viola B. Vista, and Maria Christina C. Ortua-Ang. SyCipLaw is one of the largest law firms in the Philippines and it celebrated its 75th anniversary last year. With the admission of these four women as partners, more than 40% of the partnership is now comprised of women. Easter Princess U. Castro-Ty is a labor law specialist. She also has broad experience in handling commercial transactions. Ms...

SyCipLaw joins PBSP’s ‘Ready for School’
SyCip Salazar Hernandez & Gatmaitan, August 2018

SyCip Salazar Hernandez & Gatmaitan joined the kick-off activity of the Philippine Business for Social Progress’ (PBSP) annual “Ready for School” (RFS) campaign last May 26 at the Taguig National High School (TNHS) in New Lower Bicutan, Taguig City. SyCipLaw volunteers helped prepare the school in time for the opening of classes last June. The activities included repainting of school chairs and blackboards, covering of books, construction of reading nooks, and cleaning of classrooms. According to SyCipLaw Human Resources Manager Araceli Bundoc, “Our employees are natural volunteers. I think it’s innate in them...

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