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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
In the first article of this three-part series, we discussed the challenges faced by overextended IT departments. However, even the most well-structured IT team cannot defend against cyber threats alone.
2024 is the year that we have seen numerous clarifications and amendments in the Philippine taxation landscape. Both the Bureau of Internal Revenue (BIR) and Philippine government are active in improving the taxation laws and streamlining existing processes to ease the burden of taxpayers.
The power of precedent is something that many business leaders often overlook, especially those who do not sweat the details and are not used to keeping receipts.
The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 109-2024, clarifying the types of checks accepted in payment for One-Time Transaction (ONETT)—related internal revenue taxes, pursuant to Revenue Memorandum Order (RMO) No. 49-2018, as amended.
In today’s fast-paced digital world, cybersecurity is no longer just about protecting systems and data—it’s about safeguarding the people who interact with these systems every day. This Cybersecurity Awareness Month, it is imperative that we foster a culture of cybersecurity awareness and resilience.
There have been various changes in the VAT refund process these past few years with the conscious effort from the Bureau of Internal Revenue (BIR) to continuously simplify the requirements and procedure on VAT refund applications.
Last October 2, 2024, President Marcos signed into law Republic Act (RA) No. 12023 or the Value Added Tax (VAT) on Digital Services Law which imposes a 12% VAT on digital service providers (DSPs).
The Bureau of Internal Revenue (BIR) under Commissioner Romeo Lumagui’s administration has set four (4) strategic pillars in their 2024 CY Priority Programs and Projects according to Revenue Memorandum Circular (RMC) 42-2024: Provide Excellent Service to Taxpayers; Develop Highly Digital Processes; Intensify Audit and Enforce Process; and Strengthen Integrity and Professionalism of the Employees and the Institution.
