Tax Alert No. 50 [Fiscal Incentives Review Board (FIRB) Memorandum dated 09 September 2022]

Status Quo of the 70:30 Work-From-Home (WFH) arrangement after the expiration of FIRB Resolution No. 017-22

The Fiscal Incentives Review Board’s (FIRB) Resolution No. 17-22, which is set to expire on 12 September 2022 is provisionally extended effective 13 September 2022.

On 21 June 2022, the FIRB released Resolution 17-22 which allows registered Information Technology (IT)- Business Process Outsourcing (BPO) to continue adopting a Work-From-Home (WFH) arrangement up to 30% of the workforce beginning 1 April until 12 September 2022 only. 

The provisional extension is effective until the FIRB decides on the Philippine Economic Zone Authority’s request to extend the WFH arrangement.

You may access the full version of this issuance through the FIRB website.