REVENUE MEMORANDUM CIRCULAR NO. 17-2024 issued on January 26, 2024 publishesthe November 29, 2023 letter from Food and Drug Administration (FDA) Director General SamuelA. Zacate endorsing updates to the List of VAT-Exempt Medicines under Republic

REVENUE MEMORANDUM CIRCULAR NO. 16-2024 issued on January 26, 2024 extendsthe deadline for the submission of Alphabetical List of Employees/Payees from whom taxes werewithheld for the taxable year 2023 using the new version of the

REVENUE MEMORANDUM CIRCULAR NO. 15-2024 issued on January 25, 2024 prescribes the temporary use of BIR Form No. 0605 for the remittance of Creditable Withholding Tax (CWT) by Joint Ventures/Consortiums under Revenue Regulations (RR) No.

     REVENUE MEMORANDUM CIRCULAR NO. 14-2024 issued on January 24, 2024 advises all business taxpayers that effective January 22, 2024, the BIR will cease to collect the Annual Registration Fee (ARF) from business taxpayers This

     REVENUE MEMORANDUM CIRCULAR NO. 13-2024 issued on January 22, 2024 clarifies the treatment of retirement benefits expense for financial reporting and tax purposes.      The Table below shows the differences between the recording and

REVENUE MEMORANDUM CIRCULAR NO. 12-2024 issued on January 22, 2024 clarifies the treatment of foreign currency transactions for financial reporting and internal revenue tax purposes.      The Table below shows the differences between the

REVENUE MEMORANDUM CIRCULAR NO. 11-2024 issued on January 22, 2024 clarifies the tax treatment of lease accounting by lessees under Philippine Financial Reporting Standard 16 (PFRS 16) in relation to Sections 34(A), 34(K), 106, 108,

REVENUE MEMORANDUM CIRCULAR NO. 10-2024 issued on January 22, 2024 announces the availability of Branch Account Enrollment Registration in the Online Registration and Update System (ORUS) for the Branches of the taxpayer starting January 15,

REVENUE MEMORANDUM CIRCULAR NO. 9-2024 issued on January 15, 2024 advises the Electronic Filing and Payment System (eFPS) users/taxpayers to disregard the surcharge computed by the system when filing an AMENDED tax return while the

REVENUE MEMORANDUM CIRCULAR NO. 8-2024 issued on January 15, 2024 clarifies the provisions of Revenue Regulations (RR) No. 16-2023 imposing Withholding Tax on gross remittances made by electronic marketplace (e-marketplace) operators and digital financial services