THE Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) 09-2019 on Aug. 27, 2019 to amend RR 05-2017 on the tax privileges to persons with disabilities (PWDs) and tax incentives to establishments granting sales discounts to such PWDs.
The Securities and Exchange Commission (SEC)—in agreement to its order to assist in implementing the Anti-Money Laundering Act (AMLA), as amended, and the Terrorist Financing Prevention and Suppression Act (TFPSA)—approved the amended version of SEC Memorandum Circular No. 17 s. 2018 on the Revision of the General Information Sheet (GIS) to include Beneficial Ownership Information.
IN ACCORDANCE with Social Security Commission Resolution 549-s 2019, the Social Security System (SSS) issued SSS Circular 2019-12 on Aug. 6, 2019, prescribing the deadlines for remitting contributions applicable for July 2019 onward, shown as follows:
PURSUANT to the implementation of the Tax Reform for Acceleration and Inclusion (Train) Law, the Bureau of Internal Revenue (BIR) has recently issued Revenue Memorandum Circular 73 and 74-2019, prescribing the availability of the revised and enhanced version of the following BIR forms:
THE Bureau of Internal Revenue (BIR) recently issued Revenue Memorandum Order (RMO) 37-2019, otherwise known as the Amended Policies, Guidelines and Procedures on the Registration of Employees, to simplify the procedures for registering, transferring and updating employee information through the e-registration system, including the issuance of the Tax Identification Number (TIN) card to employees.
THE Bureau of Internal Revenue (BIR) issued on July 18, 2019 Revenue Memorandum Order (RMO) 35-2019 in relation to the Civil Remedies for the Collection of Accounts Receivable/Delinquent Account.
THE Bureau of Internal Revenue (BIR) issued on Monday, July 1, 2019, the Revenue Memorandum Circular (RMC) 68-2019, clarifying certain issues related to the implementation of the Tax Amnesty Act.
THE Bureau of Internal Revenue (BIR) issued on June 18, 2019 Revenue Memorandum Circular (RMC) 64-2019, clarifying the issuance of Delinquency Verification Certificate (DVC) for claims of value-added tax (VAT) credit/refund.
