The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 30‑2026 on 14 April 2026, extending the deadline for the filing of the 2025 Annual Income Tax Returns (AITRs), the payment of the corresponding income taxes due thereon, and the submission of required attachments from 15 April 2026 to 15 May 2026.
The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 24‑2026 to clarify the proper application of RMC Nos. 5‑2024 and 38‑2024 on the tax treatment of cross‑border services.
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.
