The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 30‑2026 on 14 April 2026, extending the deadline for the filing of the 2025 Annual Income Tax Returns (AITRs), the payment of the corresponding income taxes due thereon, and the submission of required attachments from 15 April 2026 to 15 May 2026.
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The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 24‑2026 to clarify the proper application of RMC Nos. 5‑2024 and 38‑2024 on the tax treatment of cross‑border services.
The Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) No. 22026, to implement the value-added tax (VAT) exemption granted under Republic Act (RA) No. 12120, otherwise known as the Philippine Natural Gas Industry Development Act. RR No. 2-2026, to promote the development and utilization of indigenous natural gas in the Philippines.
The Securities and Exchange Commission (SEC) released Memorandum Circular No. 9‑2026 on 13 February 2026, outlining updated rules for the filing of annual financial statements (AFS) and the general information sheet (GIS).
On February 4, 2026, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular No. 10-2026. The circular covers cash donations made during the same calendar year, to natural or juridical persons including organizations, foundations, and institutions.
On 27 January 2026, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 08-2026, formally lifting the suspension on all tax audits and field operations under RMC No. 107-2025.
The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Order (RMO) No. 1-2026, with the goal to create a more transparent, fair, and predictable audit process by revising how audits are initiated, conducted, and concluded.
The Bureau of Internal Revenue (BIR) suspended audit operations on 24 November 2025 through Revenue Memorandum Circular (RMC) No. 107-2025, to recalibrate its audit processes, strengthen internal controls, and address longstanding issues such as fake letters of authority (LOAs), unauthorised audits, and inconsistent audit practices. The suspension created the opportunity for the BIR to rebuild its audit framework and restore taxpayer confidence. After the internal reforms were completed, the BIR lifted the audit suspension through RMC No. 82026, allowing audit activities to resume under stricter safeguards and enhanced verification protocols.