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BIR RMO No. 43-2022 (Notice to Issue Receipt or Invoice)
Recently, BIR released RMO No. 43-2022, requiring taxpayers and registered entities to comply with the new “Ask for Receipt” provisions.
10 Nov 2022
BIR Releases Rules on VAT Zero-Rating of Goods and Services
The BIR announced regulations on VAT zero-rating which covers IT and business process management businesses.
17 May 2023
BIR RMC No. 101-2021
BIR extends the deadline for the filing of applications and suspends the 90-day processing of VAT refund claims with the VAT Credit Audit Division.
29 Sep 2021
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.
BIR Issues RR No. 7-2020 Extending the Deadlines for Filing and Submission of Documents, Returns, and Tax Payments
The Bureau of Internal Revenue (BIR) releases Revenue Regulations (RR) No. 7-2020 which provides relief to taxpayers who are not able to settle the required documents and taxes subjected for submission, filing, and payments.
07 Apr 2020
BIR Collaborates with DBP and MyEG for Online Tax Payment
BIR teams up with DBP and MyEG for the implementation of an enhanced online tax payment service in the Philippines.
21 Jan 2022
BIR Clarifies Exemption from Documentary Stamp Tax for Loan Relief
The Bureau of Internal Revenue (BIR) releases Revenue Memorandum Circular (RMC) No. 36-2020, pursuant to Revenue Regulations (RR) No. 8-2020 and RMC No. 35-2020, clarifying the exemption from Documentary Stamp Tax (DST) as a relief for payers of qualified loans.
07 Apr 2020
Election Candidates and Political Parties reminded by BIR to submit their SOCE
The Bureau of Internal Revenue (BIR) reminds all political bets and parties of the 2019 midterm elections to submit their Statement of Contributions and Expenditures (SOCE) to the Commission on Elections (COMELEC) and their Revenue District Office (RDO) on or before June 13.
23 May 2019
BIR RMC No. 92-2021
BIR extends the deadline for filing of position papers, replies, protests, documents and other similar letters and correspondences in relation to the ongoing BIR audit investigation and filing of VAT Refund with the VAT Credit Audit Division due to the declaration of ECQ and MECQ in the National Capital Region and other areas of the country.
18 Aug 2021
BIR Issues Regulations on Estate Tax Amnesty
The Bureau of Internal Revenue (BIR) released its latest issuance for heirs of decedents with outstanding estate tax liabilities on May 29, 2019. Under the latest regulations, the BIR will impose a 6% estate tax amnesty rate for the decedent’s total net taxable estate at the time of their deaths without any penalties.
06 Jun 2019
BIR Study Ways on Taxing Digital Economy in the Philippines
As instructed by the Department of Finance (DOF), the Bureau of Internal Revenue (BIR) is currently exploring methods to properly tax activities under the digital economy and enhance revenue collections by closing tax leakages.
06 Oct 2019
BIR RMO No. 26-2021
Author Trisha Alexis Maingat Trisha Alexis Maingat is a Digital Marketing Specialist juggling ideas to produce concepts for digital and…
14 Sep 2021
An In-depth Look into the Philippine Business Tax System
Annually, the Philippines conducts its tax rounds for businesses nationwide. Let’s take a deeper look into the Philippine Business Tax System.
15 May 2023
BIR Further Extends the Deadline on the Submission and Filing of Documents, Returns, and Tax Payments
The Bureau of Internal Revenue (BIR) releases Revenue Memorandum Circular (RMC) No. 39-2020, under the provisions of Revenue Regulations (RR) No. 7-2020 and pursuant to Section 4(z) of the Republic Act (RA) No. 11469 or the “Bayanihan to Heal as One Act”, declaring changes in the statutory deadlines for filing and/or submission of certain documents, returns, and payment of certain taxes.
14 Apr 2020
BIR Amends the Suspension Period of Statute of Limitations under the Tax Code
The Bureau of Internal Revenue (BIR) released Revenue Memorandum Circular (RMC) No. 74-2020 amending certain provisions under the RMC 34-2020. This circular has declared change in the suspension period of the statute of limitations.
07 Aug 2020