The BIR’s Ease of Closing Business in the Philippines
Revenue Memorandum Circular (RMC) No. 47-2026 was issued by the Bureau of Internal Revenue (BIR) to simplify and ease the process for closing a business or cancelling a taxpayer’s business registration with the BIR. It applies to businesses that have permanently stopped operations or have otherwise become subject to closure or cancellation of registration. This […]
