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As the -ber months begin, taxpayers may have another countdown on their minds. The BIR recently issued a draft Revenue Memorandum Circular (RMC) on e-invoicing and opened it for public consultation, providing a clearer picture of how the new regime may operate.
As tax practitioners, we tell our clients that compliance matters. We remind them of their obligations, help them navigate complicated rules, and advocate compliance, even when doing so can be costly or inconvenient.
The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 89-2026 on 10 August 2026, extending the deadlines for the filing of tax returns, payment of taxes, and submission of required documents for taxpayers within the jurisdiction of Revenue District Offices (RDOs) affected by the continuing heavy rainfall caused by the southwest monsoon.
Every management team knows the scene. A crisp strategy, walk the board through disciplined forecasts, and land on a valuation built from rigorous cash-flow projections discounted at the weighted average cost of capital (WACC).
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