Navigating RR 1-2026: Clarifying Provisions for VAT on Local Sales of RBEs
Revenue Regulations (RR) No. 9-2025, issued on February 27, 2025, implements Section 295(D) or the VAT provisions of Republic Act No. 12066 (CREATE MORE Act) concerning the tax treatment of local sales of goods and/or services by Registered Business Enterprises (RBEs). Under this regulation, all local sales by RBEs are subject to 12% VAT, regardless […]
Less Tax, More Ginhawa: A Guide to Senate Bill No. 56 “Granting Increase in Take-Home Pay for All Working Filipinos Act”
A recently passed measure under Senate Bill No. 56 (or its House equivalent – House Bill No. 2616), also known as the “Granting Increase in Take-Home Pay for All Working Filipinos Act” or the GINHAWA Bill, as introduced by Senator Win Gatchalian, seeks to enhance the progressivity of the Philippine tax system by introducing more […]
