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Topic:chanroblesvirtuallawlibrary
Y2K DISASTER:chanroblesvirtuallawlibrary
WHAT TO PREPARE
FOR
by:chanroblesvirtuallawlibrary
Y2K Team
Chan Robles
Law Firm
Executive
Order No. 14 [August 19, 1998] Establishing thePresidential
Commission onYear 2000 Compliance |
Implications
on Tax
Y2K
presents varying problems involving taxation. The question of
whether
taxpayers should be allowed to deduct expenses and costs incurred in
making
their systems Y2K compliant is one. Another is whether the cost
of
prosecuting or defending a suit occasioned by Y2K may be considered for
taxation purposes. This and other equally pressing tax issues
deserve
to be addressed now.
For
further information, contact us via
mail
or
e-mail. Previous
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