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CRALAW 
Articles 

Topic: 

Y2K DISASTER: 
WHAT TO PREPARE 
FOR 

by: 

Y2K Team 
Chan Robles  
Law Firm 
 

Executive Order No. 14 [August 19, 1998]  Establishing the
Presidential Commission on
Year 2000 Compliance
 
FRENCH Translation
GERMAN Translation
ITALIAN Translation
PORTUGUESE Translation
SPANISH Translation
 
 
 CHAN ROBLES AND ASSOCIATES LAW FIRM - Welcome to the Home of the Philippine On-Line Legal Resources
 
 
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.
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Since 19.07.98