Sworn declaration for VAT-zero rating of local purchases of registered business enterprises
The fiscal incentives rationalization of the CREATE Act has effectively removed the cross-border doctrine for export-oriented registered business enterprises
Suspension of the Conduct of TCVD now lifted
The Bureau of Internal Revenue (BIR) has recently issued Revenue Memorandum Circular (RMC) No. 115-2022 to inform all concerned on the lifting of the
Admissibility of sales documents in electronic format in the verification of sales, purchases of taxpayers
The Bureau of Internal Revenue (BIR) issued Revenue Regulations No. 9-2022 which prescribes the policies and guidelines for the admissibility of sales
Removal of 5-year validity period on receipts/invoices
The Bureau of Internal Revenue (BIR) has recently issued Revenue Regulation No. 6-2022 to remove the five (5)-year validity period on all manual and
Implementation of electronic receipts/invoices, electronic sales data transmission
The Bureau of Internal Revenue (BIR) has issued Revenue Regulation (RR) No. 8-2022 to inform all concerned regarding the implementation of the required
Updated list of documentary requirements for sickness, disability benefits in line with business process re-engineering
The SSS has issued an updated list of documentary requirements for sickness and disability benefits in support of the digitalization of the SSS benefit process