Valerio Chan & Onofre Law Offices

Valerio Chan & Onofre Law Offices VCO LAW is a full service law firm located in Angeles City, Pampanga

Touch down!
10/01/2026

Touch down!

VCO Law Offices goes to Tokyo ๐Ÿ‡ฏ๐Ÿ‡ตFrom January 10โ€“15, 2026, our firm will be in Tokyo, Japan for our annual  team-building...
08/01/2026

VCO Law Offices goes to Tokyo ๐Ÿ‡ฏ๐Ÿ‡ต

From January 10โ€“15, 2026, our firm will be in Tokyo, Japan for our annual team-building.

Please note that our offices will be closed during this period.
For urgent matters, you may reach us at [email protected].

We congratulate our Paralegal, now Atty. Arianne Mae Baustista for passing the 2025 Bar Examinations!
07/01/2026

We congratulate our Paralegal, now Atty. Arianne Mae Baustista for passing the 2025 Bar Examinations!

Imperial vs. Reyes, A.C. No. 14228, July 15, 2025A lawyer's marital infidelity (Maria Theresa E. Imperial (complainant) ...
02/01/2026

Imperial vs. Reyes, A.C. No. 14228, July 15, 2025

A lawyer's marital infidelity (Maria Theresa E. Imperial (complainant) a former law student of Reyes, alleged professional misconduct and gross immorality stemming from a long-term extramarital relationship that began while she was Reyes' student) does not automatically warrant administrative liability for immorality unless it has a direct, measurable impact on their fitness to practice law and public trust. The private conduct, which the parties kept secret, was found not to be sufficient for disbarment in this context.

Ronel Caridaoan y Calipio v. People of the Philippines, G.R. No. 228741, April 23, 2025,Ordinary relationship conflicts ...
02/01/2026

Ronel Caridaoan y Calipio v. People of the Philippines, G.R. No. 228741, April 23, 2025,

Ordinary relationship conflicts and emotional pain, without proof of intent to cause psychological abuse, do not constitute psychological violence under the law, RA 9262.

BIR UPDATE | RR No. 29-2025 on De Minimis BenefitsThe Bureau of Internal Revenue has issued Revenue Regulations No. 29-2...
26/12/2025

BIR UPDATE | RR No. 29-2025 on De Minimis Benefits

The Bureau of Internal Revenue has issued Revenue Regulations No. 29-2025, further refining the rules on de minimis benefits, with key updates that employers and HR teams should take note of.

Effective January 6, 2026, the regulation increases certain non-taxable benefits, including leave days and the allowable amount of medical allowance, while clarifying which benefits remain excluded from gross income and not subject to withholding tax, subject to prescribed limits.

Employers are advised to review their compensation structures, payroll policies, and internal guidelines to ensure proper classification and compliance. Amounts exceeding the allowed thresholds may be treated as taxable compensation and expose the company to deficiency withholding tax, penalties, and interest.

For guidance on implementation and compliance, feel free to reach out to our team.

Commissioner of Internal Revenue (CIR) vs. American Wire & Cable Co., Inc., GR 280165, August 4, 2025.The CIR cannot dir...
26/12/2025

Commissioner of Internal Revenue (CIR) vs. American Wire & Cable Co., Inc., GR 280165, August 4, 2025.

The CIR cannot directly file a petition with the Supreme Court without the requisite authority or representation of the Office of the Solicitor General (OSG), which constitutes a procedural defect.

The OSG represents the Government and its officers in the Supreme Court, the Court of Appeals, and all other courts or tribunals in all civil actions and special proceedings in which the Government or any officer thereof in his official capacity is a party.

Although the OSG may deputize BIR lawyers, the authority does not extend to representation before the SC, and when the CIR is aggrieved by CTA rulings, it cannot proceed to the SC on its own, without the OSG's approval.

Case: People v. Pereda, et al. G.R. Nos. 268510 & 274142, August 11, 2025.Doctrines: Performance of duty does not includ...
26/12/2025

Case: People v. Pereda, et al. G.R. Nos. 268510 & 274142, August 11, 2025.

Doctrines:

Performance of duty does not include murder;

There is no presumption of regularity if there was irregular conduct;

There is no self-defense since no imminent danger was proven;

Treachery exists when the victim was rendered defenseless;

There is treachery if the Victim was kneeling/sitting, and shot in the head.

Photos grabbed from the web, ctto.

๐Ÿ“ƒ ๐—ฆ๐—˜๐—– ๐—ถ๐˜€๐˜€๐˜‚๐—ฒ๐˜€ ๐—ฟ๐—ฒ๐˜ƒ๐—ถ๐˜€๐—ฒ๐—ฑ ๐—ฟ๐˜‚๐—น๐—ฒ๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—ฏ๐—ฒ๐—ป๐—ฒ๐—ณ๐—ถ๐—ฐ๐—ถ๐—ฎ๐—น ๐—ผ๐˜„๐—ป๐—ฒ๐—ฟ๐˜€๐—ต๐—ถ๐—ฝ ๐—ฑ๐—ฒ๐—ฐ๐—น๐—ฎ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ปThe Securities and Exchange Commission (SEC) has issued M...
26/12/2025

๐Ÿ“ƒ ๐—ฆ๐—˜๐—– ๐—ถ๐˜€๐˜€๐˜‚๐—ฒ๐˜€ ๐—ฟ๐—ฒ๐˜ƒ๐—ถ๐˜€๐—ฒ๐—ฑ ๐—ฟ๐˜‚๐—น๐—ฒ๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—ฏ๐—ฒ๐—ป๐—ฒ๐—ณ๐—ถ๐—ฐ๐—ถ๐—ฎ๐—น ๐—ผ๐˜„๐—ป๐—ฒ๐—ฟ๐˜€๐—ต๐—ถ๐—ฝ ๐—ฑ๐—ฒ๐—ฐ๐—น๐—ฎ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป

The Securities and Exchange Commission (SEC) has issued Memorandum Circular No. 15, Series of 2025 or the Beneficial Ownership Disclosure Rules of 2026 to strengthen corporate transparency, accountability, and good governance.

The revised rules enhance the accuracy and accessibility of beneficial ownership information, supporting efforts to prevent the misuse of corporate structures and combat financial crimes. They also align Philippine regulations with international standards and promote effective inter-agency cooperation.

Reporting entities are encouraged to familiarize themselves with the new requirements and ensure timely compliance.

For inquiries and further clarification, please send an email to [email protected]

๐Ÿ”— Read the full Memorandum Circular here: https://www.sec.gov.ph/mc-2025/sec-mc-no-15-series-of-2025revised-beneficial-ownership-disclosure-rules/

๐—•๐—œ๐—ฅ ๐—œ๐˜€๐˜€๐˜‚๐—ฒ๐˜€ ๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ ๐— ๐—ฒ๐—บ๐—ผ๐—ฟ๐—ฎ๐—ป๐—ฑ๐˜‚๐—บ ๐—ข๐—ฟ๐—ฑ๐—ฒ๐—ฟ ๐—ฆ๐˜๐—ฟ๐—ฒ๐—ฎ๐—บ๐—น๐—ถ๐—ป๐—ถ๐—ป๐—ด ๐—”๐—ฝ๐—ฝ๐—น๐—ถ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—ง๐—ฎ๐˜… ๐—˜๐˜…๐—ฒ๐—บ๐—ฝ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ณ ๐—ฆ๐—ผ๐—ฐ๐—ถ๐—ฎ๐—น๐—ถ๐˜‡๐—ฒ๐—ฑ ๐—ฎ๐—ป๐—ฑ ๐—˜๐—ฐ๐—ผ๐—ป๐—ผ๐—บ๐—ถ๐—ฐ ๐—›๐—ผ๐˜‚๐˜€๐—ถ๐—ป๐—ด ๐—ฃ๐—ฟ๐—ผ๐—ท๐—ฒ...
21/12/2025

๐—•๐—œ๐—ฅ ๐—œ๐˜€๐˜€๐˜‚๐—ฒ๐˜€ ๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ ๐— ๐—ฒ๐—บ๐—ผ๐—ฟ๐—ฎ๐—ป๐—ฑ๐˜‚๐—บ ๐—ข๐—ฟ๐—ฑ๐—ฒ๐—ฟ ๐—ฆ๐˜๐—ฟ๐—ฒ๐—ฎ๐—บ๐—น๐—ถ๐—ป๐—ถ๐—ป๐—ด ๐—”๐—ฝ๐—ฝ๐—น๐—ถ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—ง๐—ฎ๐˜… ๐—˜๐˜…๐—ฒ๐—บ๐—ฝ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ณ ๐—ฆ๐—ผ๐—ฐ๐—ถ๐—ฎ๐—น๐—ถ๐˜‡๐—ฒ๐—ฑ ๐—ฎ๐—ป๐—ฑ ๐—˜๐—ฐ๐—ผ๐—ป๐—ผ๐—บ๐—ถ๐—ฐ ๐—›๐—ผ๐˜‚๐˜€๐—ถ๐—ป๐—ด ๐—ฃ๐—ฟ๐—ผ๐—ท๐—ฒ๐—ฐ๐˜๐˜€

Bureau of Internal Revenue (BIR) Commissioner Charlito Martin R. Mendoza signed on Friday, December 19, 2025, Revenue Memorandum Order (RMO) No. 48-2025, institutionalizing a streamlined process for availing of Certificates of Tax Exemption by developers of socialized and economic housing projects.

This order gives full effect to Republic Act (RA) No. 7279, as amended by RA No. 10884, and Executive Order No. 226, by significantly reducing the documentary requirements for tax exemption. Under this new RMO, a Socialized Housing Certification issued by the appropriate housing authority, attached to a letter-request in accordance with existing BIR rules, shall be sufficient to support an application for a Certificate of Tax Exemption.

โ€œThis reform ensures that tax incentives intended by law are delivered faster and more efficiently, while removing unnecessary administrative hurdles that slow down housing development,โ€ Commissioner Mendoza said.

RMO No. 48-2025 aligns with the governmentโ€™s broader initiative to streamline and digitalize housing development processes, as outlined in the Joint Memorandum Circular on Housing Development, and advances the priority of President Ferdinand R. Marcos, Jr. to accelerate the delivery of affordable, safe, and inclusive housing. By simplifying procedural requirements, this RMO helps lower compliance costs, shorten processing times, and encourage greater private-sector participation in socialized and economic housing.

To further enhance efficiency and consistency in the processing of applications, the RMO designates the Deputy Commissioner of the Legal Group as the authorized signatory for rulings and Certificates of Tax Exemption for qualified housing projects.

This issuance aligns with the guidance of Finance Secretary Frederick D. Go for the BIR to reinforce its commitment to ease of doing business, effective inter-agency coordination, and inclusive housing development, ensuring that tax incentives granted by law directly contribute to more affordable housing for Filipino families.

Please note our firmโ€™s holiday schedule. We wish everyone a Merry Christmas and a prosperous New Year!
20/12/2025

Please note our firmโ€™s holiday schedule.

We wish everyone a Merry Christmas and a prosperous New Year!

SEC SECURES DOF APPROVAL TO EXEMPT MICRO ENTERPRISES FROM SUBMITTING AUDITED FS, RELEASES DRAFT RULES.
16/12/2025

SEC SECURES DOF APPROVAL TO EXEMPT MICRO ENTERPRISES FROM SUBMITTING AUDITED FS, RELEASES DRAFT RULES.

Address

Unit-E, Ming's Building, 608 Don Juico Avenue
Angeles City
2009

Opening Hours

Monday 9am - 6pm
Tuesday 9am - 6pm
Wednesday 9am - 6pm
Thursday 9am - 6pm
Friday 9am - 6pm

Telephone

+639197652888

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