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

REVENUE MEMORANDUM CIRCULAR NO. 7-2024 issued on January 11, 2024 informs taxpayers of the reversion of the Value-Added Tax (VAT) exemption of transactions specified under Section 109 (BB) of the Tax Code of 1997, as

REVENUE MEMORANDUM CIRCULAR NO. 6-2024 issued on January 10, 2024 publishes the full text of the Joint Administrative Order (JAO) No. 001-2023 of the Department of Finance (DOF) and Department of Trade and Industry (DTI)

REVENUE MEMORANDUM CIRCULAR NO. 5-2024 issued on January 10, 2024 further clarifies the proper tax treatment of cross-border services in light of the Supreme Court En Banc Decision in Aces Philippines Cellular Satellite Corp. v.