BIR Issues Rules on Education Incentives
Procedures for availing tax incentives on education partnerships have been clarified to simplify compliance for private sector participants supporting education…
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No Automatic Cross-Border Tax
The Bureau of Internal Revenue (BIR) clarified that cross-border services, including IT outsourcing and consulting, are not automatically subject to…
Revenue Memorandum Circular No. 20-2026
BIR issues guidelines for 2025 annual income tax filing. Under Revenue Memorandum Circular No. 20-2026, the Bureau of Internal Revenue…
Revenue Memorandum Order No. 5-2026
Accountability in public service requires timely and accurate disclosure of assets, liabilities, and net worth. Filing the SALN remains a…
BSP Raises Cash Threshold
The Bangko Sentral ng Pilipinas (BSP) has eased compliance for businesses by doubling the cash withdrawal threshold that triggers enhanced…
SEC Memorandum Circular No. 10-2026
Compliance is not just a requirement. It is a responsibility every One Person Corporation must consistently uphold. Through SEC Memorandum…
BIR Charges Officials For LOA Abuse
The Bureau of Internal Revenue (BIR) warned that officials and personnel found to have abused the issuance of Letters of…
BIR Wins Case vs Ghost Firms
BIR scored a major victory in its crackdown on ghost corporations after a Quezon City court convicted two officers of…
BIR Bans Public Tax Audits
The Bureau of Internal Revenue (BIR), through Revenue Memorandum Order 1-2026, has prohibited tax examiners and taxpayers from conducting audits…