REVENUE MEMORANDUM CIRCULAR NO. 11-2012 issued on March 22, 2012 clarifies the tax consequences of Power Sector Assets and Liabilities Management Corporation (PSALM) transactions.         The Electric Power Industry Reform Act of 2001

REVENUE MEMORANDUM CIRCULAR NO. 5-2015 issued on January 22, 2015 publishes the full text of Presidential Administrative Order (AO) No. 45 entitled “Revoking Letter of Instruction No. 1479, Series of 1985”.        Letter

REVENUE MEMORANDUM CIRCULAR NO. 4-2015 issued on January 13, 2015 publishes the full text of Department Order (DO) No. 107-2014 issued by the Department of Finance entitled “Rules on Accreditation with the Bureau of Customs

REVENUE  MEMORANDUM  CIRCULAR  NO. 3-2015 issued on  January 13, 2015 prescribes the BIR Priority Programs for CY 2015, to wit: Online System for Transfer Tax Transactions (OST3) Electronic Certificate Authorizing Registration (eCAR) Electronic Tax Information

REVENUE MEMORANDUM CIRCULAR NO. 2-2015 issued on January 9, 2015 informs taxpayers and others concerned on the availability in BIR Website of the following annual Income Tax and Excise Tax Returns in Offline eBIRForms Package

REVENUE MEMORANDUM CIRCULAR NO. 21-2013 issued on March 1, 2013 amends Revenue Memorandum Circular No. 57-2011, entitled “Revised Forms No. 1700, 1701 and 1702”.      The amendment consists mainly in making the disclosure of Supplemental

REVENUE MEMORANDUM CIRCULAR NO. 19-2013 issued on February 25, 2013 notifies the loss of duplicate copy of a used but unissued BIR Form No. 2313 – Certificate Authorizing Registration (CAR) with Serial Number CAR201100136523.     

REVENUE MEMORANDUM CIRCULAR NO. 18-2013 issued on February 15, 2013 further clarifies the taxability of distilled spirits provided under Revenue Memorandum Circular No. 3-2013. The importation of ethyl alcohol or ethanol intended for re-sale or

REVENUE MEMORANDUM CIRCULAR NO. 17-2013 issued on February 15, 2013 clarifies the taxes from Financial or Technical Assistance Agreement (FTAA) contractors during “Recovery Periods.” The National Internal Revenue Code (NIRC) of 1997 and other related

REVENUE MEMORANDUM CIRCULAR NO. 16-2013 issued on February 15, 2013 clarifies the tax implications and recording of deposits/advances for expenses received by taxpayers other than General Professional Partnerships (GPP) covered by Revenue Memorandum Circular (RMC)