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.
Tax Notes
BIR Clarifies the Tax Treatment, Documentation Requirements, Filing of Return and Payment of Donor's Tax for Donations Consisting Purely of Cash
Tax Notes
Resumption of BIR tax audit and field operations after suspension period
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.
Tax Notes
RMO No. 12026: Revised BIR audit framework following the lifting of audit suspension
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.
Tax Notes
RMC No. 5-2026: BIR introduces Online LOA Verification after audit suspension reform
The Bureau of Internal Revenue (BIR) suspended audit operations on 24 November 2025 through Revenue Memorandum Circular (RMC) No. 107-2025, to recalibrate its audit processes, strengthen internal controls, and address longstanding issues such as fake letters of authority (LOAs), unauthorised audits, and inconsistent audit practices. The suspension created the opportunity for the BIR to rebuild its audit framework and restore taxpayer confidence. After the internal reforms were completed, the BIR lifted the audit suspension through RMC No. 82026, allowing audit activities to resume under stricter safeguards and enhanced verification protocols.
Tax Notes
BIR issues rules on the Enhanced Version eDST System
The Bureau of Internal Revenue (BIR) issued Revenue Regulation (RR) No. 28-2025 last 22 December 2026, to implement the enhanced version of the Electronic Documentary Stamp Tax (eDST) System.
Tax Notes
Circular on Newly Approved PERA UITFs by BSP
The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 003-2026 on January 12, 2026, adding new Personal Equity Retirement Account (PERA) investment products to its accredited list. This update supplements earlier issuances—RMC Nos. 131-2016 and 30-2017—and aims to provide more options for Filipinos saving for retirement.
