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National Internal Revenue Code of 1997 5th Edition
In a move to improve government efficiency and reduce red tape, the Securities and Exchange Commission (SEC) has issued Memorandum Circular No. 07, Series of 2025.
You’ve done it! You successfully got a client through the front door and delivered a great service.
Last July 1, 2025, the Capital Markets Efficiency Promotion Act (CMEPA), or Republic Act No. 12214, took effect.
In line with the Philippine government’s digital transformation initiatives and pursuant to Republic Act No. 12023 and its implementing rules, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 78-2025 on 29 July 2025.
The Philippines, being an archipelago in the Pacific Ring of Fire and a frequent target of tropical cyclones, faces recurring challenges from natural disasters.
The Bureau of Internal Revenue (BIR) circulated Republic Act No. 12214, otherwise known as the Capital Markets Efficiency Promotion Act (CMEPA), through Revenue Memorandum Circular No. 60-2025.
The Philippines is no stranger to extreme weather events. In recent days, multiple storms and the intensified southwest monsoon or “habagat” have brought relentless rains, flooding, and disruption across the country.
As the Philippines reels from the successive landfalls of Typhoons Crising, Dante, and Emong, and the relentless southwest monsoon (Habagat), businesses across the archipelago are once again reminded of nature’s unforgiving power.
