RACHEL P. FOLLOSCO (rpf@fmh.ph) received her Ll.B. degree from the University of the Philippines in 1993 and admitted to the Philippine bar in 1994. She received her Bachelor of Science degree in Business Administration and Accountancy (Magna Cum Laude) from the University of the Philippines in 1988. She is a member of the Philippine Institute of Certified Public Accountants and the Integrated Bar of the Philippines. From 1993 to 1996, she worked with QUISUMBING TORRES & EVANGELISTA, a law firm associated with BAKER & McKENZIE, where she specialized in the tax, commercial, and corporate practices of the firm. She has extensive exposure in international taxation, tax structuring, and tax planning in relation to property acquisition, financing, and capital investment transactions. She is a tax consultant for various USAID-funded projects for the Bureau of Internal Revenue, particularly the taxation of the telecommunications industry. In addition, she was a senior lecturer in taxation law, banking and finance, and legal accounting at the University of the Philippines from 1994 to 2000 and has gone back to teach taxation law in the same university starting 2008. In the corporate field, she has extensive experience in assisting foreign investors in the registration of their Philippine business entities, structuring of their Philippine investments, as well as addressing their other common legal concerns relating to their business operations. In view of her expertise in the fields of tax, corporate and investment law, she was chosen to author and update the Philippine section of the International Tax and Investment Service published by Tolley Lexis Nexis. Since 1997, she has conducted several labor law seminars and workshops and has been engaged to render extensive HR consultancy work to include compensation and benefits package planning and review, drafting of employment-related contracts, preparation of HR policies manuals, company rules and regulations, and labor law manuals.
