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Pursuant to the enactment of Republic Act (R.A.) No. 12066, otherwise known as the CREATE MORE (Maximize Opportunities for Reinvigorating the Economy) Act, the Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) No. 9-2025, which specifically applies to the treatment of local sales of goods and/or services by Registered Business Enterprises (RBEs).

Pursuant to the enactment of Republic Act (R.A.) No. 12066, otherwise known as the CREATE MORE (Maximize Opportunities for Reinvigorating the Economy) Act, the Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) No. 11-2025 to implement the mandatory issuance of electronic invoices and use of electronic sales reporting to identified taxpayers.

Pursuant to the enactment of Republic Act (R.A.) No. 12066, otherwise known as the CREATE MORE (Maximize Opportunities for Reinvigorating the Economy) Act, the Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) No. 7-2025 to implement the reduced income tax rates for domestic and resident and resident foreign corporations classified as Registered Business Enterprises (RBEs) under the Enhanced Deduction Regime (EDR) and additional allowable deductions from gross income under Section 34(C)(8) of the Tax Code.

The Bureau of Internal Revenue (BIR) has issued Revenue Regulation (RR) No. 5-2025 on 27 February 2025, which amends RR No. 2-98 by revising the withholding tax rates and adjusting the basis of certain income payments subject to creditable withholding tax to align with Republic Act No. 12066 or the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act.

The Fiscal Incentives Review Board (FIRB) issued FIRB Advisory No. 007-2024 on December 17, 2024, circularizing the interim Implementing Rules and Regulations (IRR) of Republic Act No. 12066, also known as the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act.

The Social Security System (SSS) has issued Circular No. 2024-006 dated December 19, 2024, reflecting an increase in mandatory contribution rates and adjustments to the monthly salary credit, pursuant to the provisions of Republic Act (RA) No. 11199 or the Social Security Act of 2018. These changes took effect on January 1, 2025.

The Securities and Exchange Commission (SEC) issued Memorandum Circular (MC) No. 18, Series of 2024, last December 26, 2024, which provides the guidelines for the disclosure of fees paid to external auditors by publicly listed companies and other public interest entities (PIE).

The Bureau of Internal Revenue issued Revenue Regulation (RR) No. 4-2025, which introduced amendments to the current list of de minimis benefits enumerated in RR No. 2-98, as amended by RR No. 11-2018.