Read our latest issue of Tax Notes. Every Wednesday on SunStar Cebu.
The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 59-2026 on 2 June 2026 to provide further clarity on the implementation of the Value-Added Tax (VAT) on digital services under RR No. 3-2025.
The Bureau of Internal Revenue (BIR), through Revenue Memorandum Order (RMO) No. 11-2026 dated 12 May 2026, prescribes the revised cost-to-collect threshold for accounts receivable and delinquent accounts (AR/DA) for purposes of collection enforcement prioritisation.
The Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) No. 47-2026, prescribing streamlined guidelines and procedures for the closure and/or cancellation of business registration with the BIR.
The Bureau of Internal Revenue (BIR) through Revenue Memorandum Circular (RMC) No. 46-2026 dated 18 May 2026, prescribes the procedures and deadlines for the submission of 2025 Audited Financial Statements (AFS) and other attachments through the Electronic Audited Financial Statements (eAFS) system.
The Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) No. 38‑2026 implementing the requirements for taxpayers engaged in online business to post proof of BIR registration in their online platforms.
The Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) No. 39-2026 to clarify the deadline for the submission of required attachments to the 2025 Annual Income Tax Returns (AITRs), following the filing extension earlier granted under RMC No. 30-2026.
