July 8, 2022

Memorandum from the Cooperative Development Authority (CDA)

With the ongoing systems maintenance with CDA’s Cooperative Annual Information System (CAIS), CDA has suspended the imposition of fines and other monetary penalties for late submission […]
May 24, 2022

The Securities and Exchange Commission will be conducting a webinar

The Securities and Exchange Commission will be conducting a webinar for officers and directors of Stock and Non-Stock Corporations which are required to submit the General […]
April 6, 2022

Payment of Wages for the Regular Holidays on April 9, 14, 15 and Special (Non-working) Day on April 16, 2022

The Department of Labor and Employment (DOLE) issued Labor Advisory No. 08, Series of 2022, last April 1, 2022. This is pursuant to Proclamation No. 1236 […]
April 4, 2022

Submission of Reports Through The Electronic Filing and Submission Tool ( eFAST )

The Securities and Exchange Commission issued a Notice dated March 30, 2022 on the submission of reports, viz: “Effective April 1, 2022, all corporations (stock and […]
February 24, 2022

Clarification and Guidance on Tax-Free Exchanges of Properties Under the CREATE Act

he Bureau of Internal Revenue issued Revenue Memorandum Circular No. 19-2022 on February 4, 2022, providing clarification and guidance on Section 8 of Revenue Regulations No. 5-2021 on the tax-free […]
February 23, 2022

REVENUE MEMORANDUM CIRCULAR NO. 13-2022

REVENUE MEMORANDUM CIRCULAR NO. 13-2022 issued on January 24, 2022, circularizes Republic Act No. 11635, titled “An Act Amending Section 27(B) of the National Internal Revenue Code of 1997, as […]
February 18, 2022

Revenue Memorandum Circular (RMC) No. 11-2022

The Bureau of Internal Revenue issued Revenue Memorandum Circular (RMC) No. 11-2022 on January 24, 2022, to circularize Republic Act No. 11595, titled “An Act Amending […]
February 14, 2022

REVENUE MEMORANDUM CIRCULAR (RMC) NO. 6-2022

The Bureau of Internal Revenue issued REVENUE MEMORANDUM CIRCULAR (RMC) NO. 6-2022 on January 18, 2022, which clarifies the Documentary Stamp Tax imposed under Section 175 […]
August 19, 2021

Taxation of Any Income Received by Social Media Influencers

The Bureau of Internal Revenue (BIR) has recently issued Revenue Memorandum Circular (RMC) No. 97-2021 clarifying the taxation of any income received by social media influencers. […]