The Bureau of Internal Revenue (BIR) released Revenue Memorandum Circular (RMC) No. 97-2020 establishing a standard policy/guidelines on the use of BIR Form No. 0605. The said form shall now be authorized for use on certain transactions only to avoid challenges in monitoring and reconciling the record of taxpayers.

BIR was lauded for its efforts in putting services closer to taxpayers in the Philippines

Recently, BIR released RMO No. 43-2022, requiring taxpayers and registered entities to comply with the new “Ask for Receipt” provisions.

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.

The Bureau of Internal Revenue (BIR) allows manufacturers and importers of COVID-19 essentials to enjoy fiscal incentives during the COVID-19 pandemic.

The Bureau of Internal Revenue (BIR) will amend Revenue Regulation (RR) No. 5-2017, granting Persons With Disabilities (PWD) a discount for select products that may fall under necessities and prime commodities starting in September 2019.

The Bureau of Internal Revenue (BIR) releases Revenue Regulations (RR) No. 10-2020, pursuant to section 4(z) of the Republic Act No. 11469, otherwise known as “Bayanihan to Heal as One Act”, amending Section 2 of the RR No. 7-2020 further extending the deadlines for submission, filing, and payment of significant documents and/or taxes due to prolonged implementation of the Enhanced Community Quarantine (ECQ) until April 30, 2020.

In its latest advisory, BIR implemented a new payment deadline under the amended subsection of RR No. 13-2018.

BIR clarifies the taxation of any income received by social media influencers.

The Bureau of Internal Revenue (BIR) revealed its latest tax payment system that will allow Filipinos to settle their final obligations quickly. To expedite the payment of tax dues, BIR unveiled PESONet as its latest bank-to-bank payment platform.

The Bureau of Internal Revenue (BIR) released the guidelines for the issuance of a Tax Residency Certificate (TRC). This measure prevents unqualified taxpayers from availing tax treaty benefits and mandates the creation of a database of Filipino residents with foreign-sourced income.

The Bureau of Internal Revenue (BIR) releases Revenue Memorandum Circular (RMC) No. 41-2020, relative to Proclamation No. 929 implementing the Enhanced Community Quarantine (ECQ) and Republic Act (RA) No. 11469 or the “Bayanihan to Heal as One Act”, clarifying extensions in the time of application for new Authority to Print (ATP) receipts and/or invoices of taxpayers.

BIR releases the revised schedule of zonal values of real properties.

The Bureau of Internal Revenue (BIR) released a tax advisory, issued on March 30, clarifying the amount of tax payments relative to the eFPS facility — a BIR online system for computation of penalties. 

The Bureau of Internal Revenue (BIR) releases Revenue Memorandum Circular (RMC) No. 38-2020, under the provisions of Revenue Regulations (RR) No. 4-2019 as amended by RR No. 5-2020, declaring changes on the duration for availment of Tax Amnesty on Delinquencies due to current circumstances.