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AHC Certified Public Accountants – Advisories

We provide updates on the latest issuances, memorandums, and notices regarding tax, accounting, and bookkeeping for businesses in the Philippines. 

29 Sep: BIR RR No. 18-2021

BIR prescribes the Consolidated Revenue Regulations on the affixture of Internal Revenue Stamps on imported and locally manufactured cigarettes, heated tobacco products and vapor products for domestic sale or for export and the use of the Enhanced Internal Revenue Stamp Integrated System (Enhanced IRSIS) for the ordering, distribution, monitoring, report generation and incorporating the strict supervision of production, release, affixture, inventory, and sale of cigarettes.

21 Sep: BIR RMC No. 100-2021

BIR amends RMC Nos. 55-2014, 66-2014, and 78-2014 to transfer the requirement for certification from the Food and Drug Administration (FDA) to the Bureau of Animal Industry.