Let's Talk Tax

Have you ever heard a rule so often in school that it simply stayed with you? During my college days, there was one phrase that came up repeatedly throughout my accounting classes: “Do not assume, unless otherwise stated.”

As Heraclitus, the Greek philosopher, aptly observed, “There is nothing permanent except change.” Whether in life or in our professional pursuits, we encounter change almost daily, and we adapt and overcome each one.

This holiday season brings more than gifts and surprises—it delivers a pause in the Bureau of Internal Revenue (BIR) field audits and sparks hope for a tax system that’s clearer, smarter, and better for everyone.

The holiday season is here! Parties, gift shopping, and year-end deadlines are piling up. Thus, the Christmas lyric, “You better watch out, you better not cry…” rings true. Because after the holiday cheer, LGU deadlines are waiting for business owners and taxpayers.

Christmas came early for many taxpayers this year through Revenue Memorandum Circular (“RMC”) No. 107-2025. While it’s not unusual for the BIR to stop its audit and field operations during the Christmas season, this year’s announcement came as a surprise. On November 24, 2025, the BIR issued an order suspending all audit and other field operations until further notice, to be lifted only by the Commissioner of Internal Revenue.

The foundation of any sovereign state rests on the ability to collect revenue, a principle often encapsulated in the legal maxim that “taxes are the lifeblood of the nation.” This overarching authority stems from the state’s inherent power of taxation, which exists even without an express provision in the Constitution.