Eric Recalde

ACCRALAW - Philippines


Angara Abello Concepcion Regala & Cruz Law Offices (ACCRALAW Offices)

+632 8830 8000


Mr. Recalde is a Partner and Head of the Tax Department of ACCRALAW. He is a Certified Public Accountant who ranked 11th in the 1996 CPA Licensure Examinations and ranked 3rd in the 2002 Philippine Bar Examinations.

Mr. Recalde is a recommended lawyer in the areas of taxation and corporate and special projects with more than 19 years of experience. He is an advisor to various types of businesses including those registered with investment promotion agencies. Mr. Recalde has been involved in several mergers and acquisitions, loan negotiations, and corporate restructuring transactions. He represents clients in administrative investigations before the Bureau of Internal Revenue, appeals to courts from administrative protests, claims for refund of local and national taxes and in cases involving violations of the tax code.

Mr. Recalde is professorial lecturer in San Beda Graduate School of Law and PLM Graduate School of Law. He has published several books on taxation, namely:

  • “A Treatise on Tax Principles and Remedies,” Rex Bookstore Publishing Company (2009), with its 2016 revised edition;
  • “The Philippine Local Tax and Tariff and Customs Laws,” Rex Bookstore Publishing Company (2011);
  • “The Philippine Internal Revenue Taxes,” Rex Bookstore Publishing Company (2014); and
  • “All the Taxpayers Need to Know About the TRAIN Law,” Rex Bookstore Publishing Company (2018). “Philippine Competition Act: Salient points and emerging issues” (2016) with Francisco Ed. Lim;
  • “The Revised Corporation Code of the Philippines (Its Theories and Applications)” (2019) with Chair Teresita J. Herbosa; and
  • “The Law on Credit, Secured Transactions and Insolvency” (2020) with his wife Atty. Marie Tanya Z. Recalde, a fellow on Finance and Banking under the Fulbright Hubert H. Humphrey Scholarship.


Mr. Recalde is involved as the tax counsel in the following matters:

Taxability of the Poverty Eradication and Alleviation Certificates (PEACe) Bonds which was resolved in by the Supreme Court En Banc in Banco de Oro et. al. v. Philippines (G.R. No. 198756, 15 January 2015)

Nature and taxability of Philippine Depositary Receipt (PDR) transactions in the Philippines involving high-profile clients Maria A. Ressa and Rappler Holdings Corporation, before the Court of Tax Appeals and Regional Trial Court involving alleged violations of the Tax Code.

Tax Advisory to Metropolitan Bank & Trust Company (MBTC), one of Philippines’ biggest banks, with respect to its claims as creditor of the insolvent ship-building company Hanjin Heavy Industries and Construction Philippines

Representation and tax advisory to Subic Water & Sewerage Co., an entity operating under of the Subic Special Economic and Freeport Zone

Advisor to Mitsubishi Motors Philippines in relation to the safeguard measures imposed on importations of Passenger Cars and Light Commercial Vehicles

Advisor to the Banker’s Association of the Philippines in relation to the validity of Revenue Regulations No. 4-2011
Advisor to Light Rail Transit Manila in relation to its local business tax

  • Banking and finance
  • Competition/antitrust
  • Corporate and M&A
  • Restructuring and insolvency
  • Tax

  • Banking and financial services
  • Consumer goods and services
  • Energy
  • Industrials and manufacturing
  • Real estate

  • Admitted to the Philippine Bar in 2002

Mr. Recalde is a member of the Makati City Chapter of the Integrated Bar of the Philippines. He is also a member of the Eastern Metro Manila Chapter of the Philippine Institute of Certified Public Accountants (PICPA). He is currently the Chairman of PICPA’s Board of Ethics.

Master of Corporate Law
University of Cambridge, 2014

Master of Laws
San Beda University, 2009

Bachelor of Laws
San Beda University, 2002

Bachelor of Science in Accountancy
San Beda University, 1996
With Academic Distinction