Tax Notes                
                    Removal of 5-year validity period on receipts/invoices
                
                
        
                    The Bureau of Internal Revenue (BIR) has recently issued Revenue Regulation No. 6-2022 to remove the five (5)-year validity period on all manual and system-generated receipts and invoices, in line with Republic Act No. 11032, otherwise known as the Ease of Doing Business and Efficient Government Service Delivery Act of 2018, which aims to improve, streamline, and reduce financial burden on the part of taxpayers.
                
             
                     
                 
             
             
             
             
             
             
            