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The Bureau of Internal Revenue (BIR) has issued Revenue Regulations (RR) 09-2021 on June 11, 2021, which implements the imposition of 12 percent Value-Added Tax (VAT) on certain previously zero-rated goods and services. This amendment to RR 16-2005, as earlier amended by RR 13-2008 and RR 26-2018, has been signed following the fulfillment of the conditions set under Republic Act 10963 or the Tax Reform for Acceleration and Inclusion (Train) Law.

The Bureau of Internal Revenue (BIR) has recently issued Revenue Memorandum Circular 72-2021 to announce the availability of the BIR Customer Assistance Division Single Hotline No. (02) 8538-3200 and the use of a chatbot, named REVIE, to assist taxpayers with their general inquiries on tax-related matters.

The Bureau of Internal Revenue (BIR) has recently issued Revenue Memorandum 68-2021 to address concerns from the Electronic Filing and Payment System (eFPS) of taxpayers/filers with fiscal year accounting period, citing that they could not proceed with the filing of BIR Form 1702Q (Quarterly Income Tax Return for Corporations, Partnerships, and Other Non-Individual Taxpayers).

The Bureau of Internal Revenue (BIR) has addressed the questions and concerns of taxpayers and stakeholders on corporate income taxation in its Revenue Memorandum Circular (RMC) 62-2021 issued on May 17, 2021. The RMC clarifies BIR Revenue Regulations (RR) 5-2021.

The Bureau of Internal Revenue has issued Revenue Memorandum Circular (RMC) 63-2021 for the dissemination of the provisions under Republic Act 115171 or “An Act authorizing the President to expedite the processing and issuance of National and Local Permits, Licenses and Certifications in times of National Emergency.”

The Social Security System (SSS) has recently issued Circular 2021-005 to clarify the meaning and coverage of earnings declared of self-employed members in accordance with the implementation and intent of Section 19-A of the Social Security Act of 2018, otherwise known as Republic Act 11199.

The Social Security System (SSS) has released Circular 2021-004 in support of the digitalization of SSS benefit processes and in compliance with the zero-contact policy under Republic Act (R.A.) 11032 or the Ease of Doing Business and Efficient Government Service Delivery Act of 2018.

In its Revenue Memorandum Circular (RMC) 54-2021 released on April 27, 2021, the Bureau of Internal Revenue (BIR) clarified the rules on the submission of BIR Form 1709 or the Related Party Transactions (RPT) Form pursuant to the provisions of RR 19-2020, as amended by RR 34-2020.