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The Bureau of Internal Revenue (BIR) entered 2026 with an important shift in identifying taxpayers that will undergo tax audit.

To ensure a smooth start of the year, here are the essential TP compliance requirements that taxpayers must not leave behind.

Multinational enterprise (MNE) groups almost always require a broad range of services to support their operations—covering administrative, technical, financial, and commercial needs.

As global tax regimes increasingly prioritise transparent reporting, responsible governance, and sustainable development, the convergence of Environmental, Social, and Governance (ESG) principles, sustainability goals, and Advance Pricing Agreements (APA) within transfer pricing (TP) frameworks is emerging as a strategic imperative.

The Bureau of Internal Revenue (BIR) has announced that it will conduct a public consultation on the draft Revenue Regulations governing the Advance Pricing Agreement (APA) on August 28, 2025.

As the Philippines reels from the successive landfalls of Typhoons Crising, Dante, and Emong, and the relentless southwest monsoon (Habagat), businesses across the archipelago are once again reminded of nature’s unforgiving power.

The Philippine regulatory framework for transfer pricing (TP) in the context of business restructuring is primarily governed by Revenue Audit Memorandum Order (RAMO) No. 1-2019.

In this article, we’ll explore the key issues flagged by the BIR in an actual transfer pricing audit, how the taxpayer was able to address these findings, and what steps can be taken to prevent similar issues in the future.