Understanding BIR’s New Cost-to-Collect Threshold under RMO 11-2026
The Bureau of Internal Revenue (BIR) has increased the cost to collect threshold for Accounts Receivable and Delinquent Accounts (AR/DA) from ₱20,000 to ₱80,000 under Revenue Memorandum Order (RMO) No. 011-2026, issued on May 12, 2026. The order takes effect immediately and applies to all internal revenue officers and concerned personnel involved in collection enforcement. […]
A Risk You Need to Know: Why DST Deserves Attention
Documentary Stamp Tax (DST) is one of the most frequently overlooked areas in Philippine tax compliance. While often treated as a mere mechanical tax on documents, DST in reality attaches to transactions, privileges, and instruments that evidence the transfer of rights or the creation of obligations. Because of this, DST exposure often arises unintentionally in […]
Save Time with BIR e-Filings for Micro & Small Taxpayers
The Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) No. 37-2026, dated April 27, 2026, amending RMC No. 20-2026. This update introduces the electronic filing of BIR Form No. 1701-MS (Annual Income Tax Return for Individuals Classified as Micro and Small Taxpayers) through the Offline eBIRForms Package version 7.9.6. This development is […]
What You Need To Know About The BIR Registration Seal Badge
The Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) No. 38-2026, introducing new compliance requirements for businesses with an online presence. This advisory outlines the key provisions and implications for taxpayers engaged in e-commerce, digital services, and online content creation. Key Highlights of RMC No. 38-2026 Mandatory Posting of Proof of Registration […]
The Law in Numbers: Quantifying the Impact of Increased De Minimis Benefits
In the Philippines, the true measure of wealth lies not in gross income but in disposable income—the amount left after taxes and mandatory contributions. As one maxim reminds us, “A penny saved is worth two pennies earned, after taxes.” For compensation-income earners, statutory deductions such as withholding tax on compensation (WTC), Social Security System (SSS), […]
RMC No. 030-2026: Extension of Deadline for Filing of 2025 Annual Income Tax Returns
Filing for Income Tax Returns Is Extended Pursuant to Revenue Memorandum Circular (RMC) No. 030-2026, the Bureau of Internal Revenue has extended the deadline for the filing of the 2025 Annual Income Tax Returns (AITR), payment of the corresponding taxes due, and submission of required attachments from 15 April 2026 to 15 May 2026, without […]
RMC No. 24-2026: BIR Clarifies Tax Treatment of Cross-Border Services
The Bureau of Internal Revenue (BIR), through Revenue Memorandum Circular (RMC) No. 24-2026, provides much-needed clarification on the tax treatment of cross-border services following the issuance of RMC Nos. 5-2024 and 38-2024. These earlier issuances sparked significant discussion among taxpayers, particularly on whether services rendered offshore but benefiting Philippine entities could automatically trigger Philippine tax […]
Deadlines and Discipline: The Tax Calendar Behind Philippine Business Accountability
In the Philippines, the tax calendar is less a list of dates than a system of governance. Month after month, quarter after quarter, filing deadlines quietly structure the rhythm of commercial life. From payroll withholding remittances to quarterly income declarations, the compliance cycle influences how businesses record transactions, manage liquidity, and document their activities. At […]
Failure to Withhold EWT: Why Expenses Get Disallowed During BIR Audits
In Bureau of Internal Revenue (BIR) tax audits, some of the most expensive findings do not begin with fraud or aggressive tax planning. They begin with something quieter — a missing withholding tax on an otherwise legitimate expense. A company pays a consultant, records the cost, and deducts it in good faith. Months or years […]
Filing Guidelines for 2025 Annual Income Tax Returns
The Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) No. 020-2026, dated March 16, 2026, prescribing the procedures for filing Annual Income Tax Returns (AITR) and payment of taxes for calendar year 2025. The filing deadline is April 15, 2026. This circular enforces the Ease of Paying Taxes Act (Republic Act No. […]
