Principled Tax Planning, Ethics, and Corporate Governance | RT&Co. Tax Spotlight

Curated tax perspectives shaping business decisions.

Author: Joel L. Tan-Torres
Publisher: BusinessMirror
Publication Date: May 11, 2026

Summary:
In this article, Joel L. Tan-Torres discusses the Philippine adoption of the 2024 IESBA Code through PRC-BOA Resolution No. 48, Series of 2025, and its implications for tax planning in the local professional environment. The article explains how the evolving framework moves tax planning beyond a purely technical or rules-based exercise and toward a principles-driven approach that considers transparency, commercial substance, professional judgment, and the public interest.

Why This Matters:
For boards, executives, finance leaders, and tax professionals, the article is a useful reminder that tax planning is increasingly connected to corporate governance, reputational risk, and organizational culture. It highlights how ethical decision-making in tax matters can influence trust, accountability, and the overall quality of compliance.

Read the full series:
https://businessmirror.com.ph/2026/05/11/principled-tax-planning-from-global-ethics-to-philippine-tax-transformation/

Source:
BusinessMirror, “Principled tax planning: From global ethics to Philippine tax transformation,” by Joel L. Tan-Torres, May 11, 2026.

Disclaimer:
This article is shared with permission from the publisher and the author. Copyright in the original article remains with the publisher and/or the author. The views and opinions expressed are solely those of the author and do not necessarily represent the views of Reyes Tacandong & Co. RT&Co provides this reference as part of its thought leadership and market-awareness efforts. This content is for general informational purposes only and should not be construed as legal, tax, or other professional advice.