The Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) No. 22026, to implement the value-added tax (VAT) exemption granted under Republic Act (RA) No. 12120, otherwise known as the Philippine Natural Gas Industry Development Act. RR No. 2-2026, to promote the development and utilization of indigenous natural gas in the Philippines.
The Securities and Exchange Commission (SEC) released Memorandum Circular No. 9‑2026 on 13 February 2026, outlining updated rules for the filing of annual financial statements (AFS) and the general information sheet (GIS).
The Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) No. 12026 to clarify and streamline the application of value-added tax (VAT) on local sales made by registered business enterprises (RBEs).
On February 4, 2026, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular No. 10-2026. The circular covers cash donations made during the same calendar year, to natural or juridical persons including organizations, foundations, and institutions.
On 27 January 2026, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 08-2026, formally lifting the suspension on all tax audits and field operations under RMC No. 107-2025.
The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Order (RMO) No. 1-2026, with the goal to create a more transparent, fair, and predictable audit process by revising how audits are initiated, conducted, and concluded.
