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VAT-exempt sales/ importations of drugs and medicines prescribed for certain diseases

10 Jul 2020

This Tax Alert is issued to inform all concerned on the implementing rules and regulations on the VAT-exemption of sale or importation of drugs and medicines pursuant to RA 11467.

RA No. 11467’s effectivity date is January 27, 2020

07 Jul 2020

This Tax Alert is issued to inform all concerned on the effectivity date of Republic Act (RA) No. 11467.

Further extension on the deadline for filing of VAT refund claims; 90-day processing period suspended in areas still under ECQ or MECQ

01 Jul 2020

This Tax Alert is issued to inform all concerned on the further extension of due dates for filing of VAT refund claims covering taxable quarters affected by the implementation of the enhanced community quarantine (ECQ) and suspension of the 90-day processing period due to the spread of the pandemic.

Availment of Tax Amnesty on Delinquencies extended until December 31, 2020

26 Jun 2020

This Tax Alert is issued to inform all concerned on the further extension of the deadline for availing of tax amnesty on delinquencies.

Revised BIR business registration requirements

25 Jun 2020

This Tax Alert is issued to inform all concerned on the revised checklist of documentary requirements for business registration and other types of applications with the Bureau of Internal Revenue.