The Search for the Outstanding Accounting Students of the Philippines (SOASP) continues on its 28th year as P&A Foundation, Inc. the Philippine Institute of Certified Public Accountants (PICPA), and the Association of Certified Public Accountants in Commerce and Industry (ACPACI) formalized their partnership through the signing of the Memorandum of Agreement (MoA).
The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular No. 100-2026 to circularize Executive Order (EO) No. 125, Series of 2026, temporarily suspending the excise taxes on certain petroleum products.
Amid a constant stream of headline-grabbing news, important tax developments can easily receive less attention than their business implications warrant.
With the Bureau of Internal Revenue's (BIR) continuing effort to build a more structured and efficient tax administration system, the BIR reshaped the tax refund landscape through the issuance of Revenue Memorandum Circular (RMC) Nos. 74-2024 and 75-2024, which were subsequently amended by RMC Nos. 103-2026, dated 5 August 2026, and 102-2026, dated 3 August 2026, respectively.
The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 99-2026 to reiterate the requirement for certain online businesses and digital platform participants to display proof of BIR registration and to provide additional time for compliance.
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