Ensuring Compliance, Empowering Businesses: XMC Asia’s Role
Considering today’s complicated business climate, managing laws and ensuring compliance can be complex. Trustworthy experts are required to guide organizations […]
XMC Asia: Where Expert Assistance Meets Business Growth
Expert assistance in accounting and legal matters is one of the elements that ensures compliance, optimizes operations, and guarantees sustainable
XMC Asia: Building a Future of Success Through Solid Connections
Quality service delivered through solid connections with trusted professionals is one of XMC Asia’s company priorities and the reason for
Announcing the Availability of Branch Account Registration in Online Registration and Update System (ORUS)
RMC No. 10-2024 is issued to announce the availability of Branch Account Registration in the ORUS beginning 15 January 2024.
Payment of Annual Registration Fee to BIR no longer required
This Tax Alert is issued to inform all concerned taxpayers that the Bureau of Internal Revenue (BIR) will cease to
Expanded Solo Parents Welfare Act
Pursuant to NIRC 1977 and Solo Parents Welfare Act of 2000, this regulation provides a 10% discount and VAT exemption
Submission of Inventory Lists and Other Reporting Requirements
The BIR circular provides guidelines on the submission of Inventory list and other reporting requirements with addition of words ‘in
Alphanumeric Tax Codes (ATCs) for Excise Taxes and Tobacco Inspection Fees on Novel Tobacco Products
Pursuant to implementation of RA 1190, BIR presents two new ATCs for Tobacco products (Excise tax and Tobacco inspection fees)
Clarifiation on the Return Processing System (RPS) Assessment issued by the BIR
As issued last January 17 of this year, RMC 7-2023 clarifies the Returns Processing System (RPS) Assessments being issued by
Implementation of the Quarterly Filing of VAT Returns starting January 1, 2023
Issued last January 13 2023 is the RMC 5-2023 that provide directives on implementation of Republic Act (RA) No. 10963,