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. […]
August 19, 2021

Extension of Deadline of Remittance of SSS Contributions

Extension of Deadline of Remittance of SSS Contributions from August 31, 2021 to September 30, 2021 for the applicable month of July 2021 The Social Security […]
August 5, 2021

Extension of Filing of BIR Returns and Payments falling within the period from August 6, 2021 to August 20, 2021 under ECQ and MECQ

The Bureau of Internal Revenue (BIR) has recently issued Revenue Memorandum Circular (RMC) No. 91-2021 regarding the filing of returns and payment of corresponding taxes due […]
July 17, 2021

Extension on Submission of Forms/Notices Pursuant to SEC Memorandum Circular No. 28, Series of 2020

The SEC has extended the deadline to comply with  SEC MC No. 28, Series of 2020 requiring all corporations, partnerships and individuals under the jurisdiction and […]
July 17, 2021

Lists of Top Withholding Agents (TWAs) required to deduct and remit Creditable Withholding Tax

The Bureau of Internal Revenue (BIR) has recently issued Revenue Memorandum Circular (RMC) No. 88-2021 circularizing the lists of Top Withholding Agents (TWAs) required to deduct […]
July 17, 2021

BIR is now accepting Philippine Identification (PhilID) Card as valid Proof of Identification for all transactions with the Bureau

he Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) No. 87-2021 prescribing the acceptance of Philippine Identification (PhilID) Card as an acceptable supporting […]
July 7, 2021

List of Vat-Exempt Products

BIR Update: Revenue Memorandum Circular (RMC) No. 81-2021 publishes the letter from the Food and Drug Administration of the Department of Health containing the “List of […]