Guidelines in the Availment of the Fiscal Incentives Under Section 38 of Republic Act No. 12120, Otherwise Known as the “Philippine Natural Gas Industry Development Act” SECTION 1. SCOPE. – Pursuant to Section 244 and 245 of the National Internal Revenue Code of 1997, as amended (Tax Code), and in accordance with the State’s policy to promote natural gas as a safe, efficient, and cost-effective energy source, those Regulations are hereby issued to provide guideline in the availment of the tax incentives provided under Section 38 of Republic Act (RA) No. 12120, otherwise known as the “Philippine Natural Gas Industry Development Act”. SECTION 2. DEFINITION OF TERMS – For purposes of these Regulation, the following terms shall be defined as follows: (a) Aggregation refers to the procurement of indigenous natural gas, combining it with imported Liquefied Natural Gas, and selling the aggregated gas to gas buyers in the Philippines or
In accordance with the implementing provision of Republic Act No. 11976 also known as “Ease of Paying Taxes (EOPT) Act” under Section 3 of Revenue Regulations (RR) No. 4-2024, this Circular is being issued to ensure an efficient and convenient process for the taxpaying public and reiterate the use of available Bureau of Internal Revenue (BIR) electronic platforms for the filing of Annual Income Tax Return (AITR) and the payment of corresponding taxes due thereon, for the Calendar Year ending December 31, 2025, on or before April 15, 2026. I. FILING OF TAX RETURNS Taxpayers are reminded of the existing procedures for the electronic filing of tax returns through the following BIR electronic filing platforms: 3. Tax Software Providers (TSPs) certified by BIR – for specific returns. For the list of TSPs and the certified BIR forms, please refer to Annex “A”. Taxpayers submitting their tax returns through the Offline
Amendments and Supplemental Guidelines Governing the Implementation of Revenue Memorandum Order (RMO) No. 1-2026 I. BACKGROUND Following the issuance of RMO No. 1-2026, certain concerned and implementation matters have been identified with respect to its application, particularly on the consolidation of Electronic Letters of Authority (eLAs), including its scope, effects, and procedural implications. Accordingly, this RMO is hereby issued to prescibe amendments, supplemental procedures, and clarificatory guidelines to RMO No. 1-2026 to address such concerns and ensure the consistent, uniform, and orderly implementation of the consolidation framework and related audit reforms provided therein. II. AMENDMENTS 2. Annex “A” of RMO is hereby revised as follows: a.) Item No. 7 under 1. Mandatory Case*, a. To be covered by Electronic Letter of Authority (eLA) shall now read as follows: Revised Annex A of RMO No. 1-2026, reflecting all the amendments above, is attached in this Order as Annex A. III. RULES
Revised Policies, Guidelines and Procedures in the Filing and Submission of Statement of Assets, Liabilities and Net Worth (SALN) I. BACKGROUND Pursuant to Section 8 of Republic Act No. 6713, as implemented by Civil Service Commission (CSC) under Memorandum Circular (MC) No. 10, s. 2006 and CSC Memorandum No. 2, s. 2015, all government officials and employees are required to file and submit under oarth their SALN. Also, Rule VIII of the Code of Conduct and Ethical Standards for Public Officials and Employees and CSC Memorandum No. 060231 dated February 1, 2006, require the establishment of a Review and Compliance Committee (RCC) who will undertake a standard review and compliance of all SALNs in their respective offices. To implement the abovementioned laws/regulations, the BIR issued Revenue Memorandum Order (RMO) No. 43-2018 to prescribe the guidelines and procedures in the filing and submission of SALNs and the establishment of RCC per
Guidelines on the compliances of One Person Corporation (OPCs) SECTION 1. INITIAL APPOINTMENT OF OFFICERS The OPC must appoint its Treasurer, Corporate Secretary, and other Officers, and thereafter submit a form for Appointment for OPC (FAO) to the Commission iwthin twenty (20) days from the approval of its Certificate of Incorporation Failure to comply with the initial appointment and timely submission of the FAO shall result in a one-time penalty of Ten Thousand Pesos (P10,000.00) SECTION 2. SUBSEQUENT APPOINTMENT OF OFFICERS In any instance that the single stockholder appoints an officer, the OPC must notify the Commission by filling the FAO within five (5) days from any succeeding appointment of its officers. Non-compliance in filing of the Form for Appointment for OPC shall observe the scale of penalties as follows: SECTION 3. SUBMISSION OF FINANCIAL STATEMENT (FS) A. GENERAL GUIDELINES ON THE SUBMISSION OF FS BY THE OPC. The submission
Amending Sections 3,4, and 7 of Revenue Regulations (RR) No. 9-2025 to Clarify Filing and Payment Rules for VAT on Local Sales, Provide Optional Value-Added Tax (VAT) Registration for Certain Registered Business Enterprises (RBEs), Extend the Deadline for System Reconfiguration, and Exclude Certain Enterprises and Activities from the Coverage of VAT on Local Sales of RBEs Under Section 295(D) of the National Internal Revenue Code of 1997 (Tax Code), as Amended by Section 18 of Republic Act (RA) No. 12066 Pursuant to the provisions of Sections 244 and 245 of the Tax Code as amended, in relation to Section 32 of RA No. 12066, these Regulations hereby promulgated to amend Sections 3, 4 and 7 of RR No. 9-2025 to clarify the manner of filing and payment of VAT on local sales, provide optional VAT registration for certain RBEs, exclude certain enterprises and business activities from the coverage of VAT
The Commission, hereby issues and prescribes the following guidelines on the filing of AFS and GIS for 2026: Section 1. Deadline of Submission. All corporations, including branch offices, representative offices, regional headquarters and regional operating headquarters of foreign corporations, whose fiscal years end on 31 December, shall file their AFS through the SEC Electronic Filing and Submission Tool (eFAST). The deadline for filing of the AFS shall be on 29 May 2026. All corporations under the jurisdiction of the SEC Extension Offices shall be governed by the same schedule in 2026. Section 2. Corporations with Different Filing Schedule. The filing schedule prescribed in Section 1 hereof shall not apply to the following corporations: Section 3. Late Filings. Late filings or submissions after 29 May 2026 shall be subject to the applicable penalties. Section 4. Requirements in the Submission of AFS. The submission of AFS shall be accompanied by the following
SECTION 1. BACKGROUND This Circular is hereby issued to clarify the tax treatment of purely cash donations pursuant to Title III, Chapter II of the National Internal Revenue Code of 1997, as amended (Tax Code), and to reiterate the obligation of donors to file the required return and remit the corresponding taxes, if any, in accordance with existing revenue issuances. Further, this clarifies whether or not the issuance of an Electronic Certificate Authorizing Registration (eCAR) of purely cash donations is necessary. SECTION 2. COVERED TRANSACTIONS These rules shall apply to donations consisting purely cash made during the same calendar year, to natural or juridical persons, including organizations, foundations, and institutions. SECTION 3. CLARIFICATIONS SECTION 4. EFFECTIVITY This Circular shall take effect immediately upon publication in the BIR official website and shall remain in force until further amended.
Prescribing revised policies, controls, and procedures for tax audit and assessment following the lifting of the suspension imposed under revenue memorandum circular no. 107-2025 I. OBJECTIVE Pursuant to Revenue Memorandum Circular (RMC) No. 107-2025, tax audit and related field operations of the Bureau of Internal Revenue (BIR) were suspended in view of numerous complaints from taxpayers, stakeholders, and internal units regarding irregularities and inconsistencies in the conduct of tax audits. Thereafter, a Technical Working Group Review Committee on Assessment Integrity and Audit Reform (TWGRC-AIAR) was created purposely to review existing audit processes, identify weaknesses and strengthen controls and oversight mechanism. Following conduct of such review, the TWGRC-AIAR) formulated and recommended for the adoption of new policies, controls and procedural guidelines for the conduct of tax audit. This Revenue Memorandum Order (RMO), therefore, is hereby issued to prescribe revised policies, controls, and procedural guidelines for audit initiation, conduct, and assessment with
Pursuant to the authority of the Commissioner of Internal Revenue under Section 4 of the National Internal Revenue Code of 1997, as amended (Tax Code), this Circular is hereby issued to resume audit and related field operations following the completion of review of audit policies, procedures, and internal control mechanisms. I. LIFTING OF THE AUDIT SUSPENSION The resumption of tax audit and related field operations shall cover but shall not be limited to the following activities: a. Issuance of Electronic Letters of Authorities (eLAs), Mission Orders (MOs), and Tax Verification Notices (TVNs);b. Continuation and completion of audit cases previously suspended pursuant to RMC No. 107-2025;c. Enforcement, verification, assessment, and collection activities requiring audit or field operations; andd. Other audit or enforcement activities necessary to protect revenue or enforce compliance. All tax audit and related field operations conducted upon the effectivity of this RMC shall comply with Revenue Memorandum Order No.
Live Webinar 1 & 2: BIR Tax Compliance for VAT Entity
Live Webinar: Returns and Reports Preparation under eBIR Forms and Online Submissions
Live Webinar: PEZA Registered Entities: Taxation and Basic Reports
Live Webinar: Basic Bookkeeping for Non-Accountants
Live Webinar on Ph Payroll Computations and Taxation
Live Webinar: BIR Examination: Their Procedures and Our Defenses
Live Webinar: Winning BIR Tax Assessments Series: Process, Remedies & Writing Effective Protest
Tax and Accounting Webinar Philippines 2026_Withholding Tax (Expanded and Final)
Live Webinar: Value Added Tax: In and Out
Availment of a One-Time Abatement of Taxes and/or Penalties for Micro Taxpayers
Revenue Memorandum Circular No. 71-2026
Revenue Regulations No. 004-2026
Revenue Memorandum Circular No. 064-2026
Revenue Memorandum Circular No. 062- 2026
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