Stay ahead and check tax and other reportorial deadlines with our comprehensive digital calendar! Gain quick access to key filing dates and deadlines in one convenient platform—helping you stay organised, compliant, and confident throughout the year.
National Internal Revenue Code of 1997 5th Edition
The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) 91-2025 last October 8, 2025, as an amendment to the documentary requirements under RMC 74-2025.
The foundation of any sovereign state rests on the ability to collect revenue, a principle often encapsulated in the legal maxim that “taxes are the lifeblood of the nation.” This overarching authority stems from the state’s inherent power of taxation, which exists even without an express provision in the Constitution.
Stay ahead and check tax and other reportorial deadlines with our comprehensive digital calendar! Gain quick access to key filing dates and deadlines in one convenient platform—helping you stay organised, compliant, and confident throughout the year.
The Bureau of Internal Revenue (BIR) has extended deadlines for all tax filings, payments, and document submissions in regions affected by Super Typhoon “Tino” and Super Typhoon “Uwan.” All deadlines falling within November 2025 are moved to 28 November 2025.
In the heart of Luzon stands the Sierra Madre, the longest mountain range in the Philippines. Admired not only for its breathtaking beauty but also for its role as a natural shield, it protects communities from typhoons and ecological collapse.
In the intricate landscape of Philippine taxation, the Value-Added Tax (VAT) system stands out as one of the most technical and rigorously enforced. For businesses engaged in zero-rated sales, the ability to claim a refund of input VAT is not merely a matter of financial prudence but it is essential for maintaining competitiveness and healthy cash flow.
It is often said that the only constant in life is change. Last week, the Bureau of Internal Revenue (BIR) witnessed a significant leadership transition with the appointment of Commissioner Charlito Martin Mendoza, succeeding Romeo Lumagui Jr.
Financial statements are the cornerstone of informed decision-making – but beneath the numbers often lie layers of uncertainty. Whether it's the valuation of assets, recognition of revenue, or assessment of liabilities, ambiguity is inherent in financial reporting.
