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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
It was the early 2000s, and I was preparing to fight one of the greatest battles of my childhood. My heart is pounding in my chest, every sense sharpened by the countless hours I had spent preparing for this moment. I had endured setbacks and trained tirelessly again and again. This was it: the ultimate test of patience and skill. But this scene wasn’t a battlefield marked by war and chaos. Instead, my opponent was the final boss in one of the most iconic video games of the 90s.
The Bureau of Internal Revenue issued Revenue Memorandum Circular (RMC) No. 92-2025 on 22 October 2025, to provide a workaround procedure for accomplishing the Quarterly Remittance Return of Final Income Taxes Withheld on Interest Paid on Deposits and Yield on Deposit Substitutes/Trusts/Etc. (BIR Form No. 1602Q), following the implementation of Republic Act No. 12214, also known as the Capital Markets Efficiency Promotion Act (CMEPA).
Christmas came early for many taxpayers this year through Revenue Memorandum Circular (“RMC”) No. 107-2025. While it’s not unusual for the BIR to stop its audit and field operations during the Christmas season, this year’s announcement came as a surprise. On November 24, 2025, the BIR issued an order suspending all audit and other field operations until further notice, to be lifted only by the Commissioner of Internal Revenue.
The Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) No. 107-2025, dated November 24, 2025, ordering the suspension of all ongoing field audits and related operations until further notice from the Commissioner.
Tax has long been viewed as a domestic concern, rooted in local laws and national priorities. Yet today, global business, digital transformation, and fast-evolving standards are reshaping that belief. With unprecedented changes in tax rules driven by geopolitical shifts, economic pressures, and rapid technological advances, international collaboration has become a strategic priority for many businesses.
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.
