Clarifications on the Provisions of RR No. 6-2022 Regarding Removal of 5–Year Validity Period of Receipts/Invoices
Invoices, with an expiration date of on or before July 15, 2022, shall be surrendered for destruction together with an inventory listing to the RDO where the
Additional guidelines, procedures on payment of penalties due to violations of WFH rules incurred by RBEs
Through the issuance of Revenue Memorandum Circular (RMC) No. 120-2022, the Bureau of Internal Revenue (BIR) has reiterated that the non-compliance of the
Clarification on the Issuance of CETI under the CREATE Act
The Philippine Economic Zone Authority (PEZA) shall no longer issue Certificates of Incentives and 5% GIT and instead issue the Certificate of Entitlement to
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