BIR introduces one-time tax abatement for micro taxpayers
Tax NotesThe Bureau of Internal Revenue (BIR) has issued Revenue Regulation (RR) No. 4-2026, which establishes a one-time tax abatement program for qualified micro taxpayers.
BIR extends tax deadlines for earthquake-affected taxpayers in South Central Mindanao
Tax NotesDue to the recent earthquake in Sarangani and nearby provinces, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) 0622026, June 9, 2026, extending the deadline for the filing of tax returns, submission of attachments, and payment of the corresponding taxes on June 30, 2026.
BIR Issues RMC 59‑2026, Clarifying Guidelines on VAT for Digital Services
Tax NotesThe 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.
Revised cost-to-collect threshold for accounts receivable/delinquent accounts (AR/DA) for enforcement prioritisation
Tax NotesThe 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.
BIR prescribes simplified guidelines on closure and cancellation of business registration
Tax NotesThe 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.
Guidelines on the submission of 2025 audited financial statements and attachments through the eAFS System
Tax NotesThe 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.
