REVENUE MEMORANDUM CIRCULAR NO. 128-2021 issued on December 28, 2021 provides the work-around procedures for the filing of returns and payment of offshore gaming tax.               In the meantime thatRMC No. 128-2021

REVENUE MEMORANDUM CIRCULAR NO. 127-2021 issued on December 24, 2021 publishes the full text of the letter from Director General Rolando Enrique D. Domingo of the Food and Drug Administration with the subject “Response toRMC No. 127-2021

REVENUE MEMORANDUM CIRCULAR NO. 126-2021 issued on December 21, 2021 informs the taxpayers and others concerned of the availability of InstaPay via UPAY facility of the UnionBank of the Philippines (UBP) for the payment ofRMC No. 126-2021

REVENUE MEMORANDUM CIRCULAR NO. 125-2021 issued on December 16, 2021 informs taxpayers that electronically filed One-Time Transactions (ONETT) may now be paid through any of the following online payment facilities:           RMC No. 125-2021

REVENUE MEMORANDUM CIRCULAR NO. 124-2021 issued on December 14, 2021 publishes the full text of the letter from Director General Rolando Enrique D. Domingo of the Food and Drug Administration endorsing updates to the “ListRMC No. 124-2021

REVENUE MEMORANDUM CIRCULAR NO. 123-2021 issued on December 14, 2021 publishes the full text of letter from Undersecretary Charade B. Mercado-Grande of the Department of Health endorsing updates to the “List of VAT-Exempt Drugs andRMC No. 123-2021

REVENUE MEMORANDUM CIRCULAR NO. 122-2021 issued on December 14, 2021 clarifies the tax treatment of integrating the Domestic Passenger Service Charge (DPSC) and International Passenger Service Charge (lPSC), commonly referred to as terminal fees, intoRMC No. 122-2021

REVENUE MEMORANDUM CIRCULAR NO. 121-2021 issued on December 14, 2021 clarifies the taxability of the interest paid by Cooperatives to its member’s deposit or fixed deposits (otherwise known as share capital).         RMC No. 121-2021

REVENUE MEMORANDUM CIRCULAR NO. 120-2021 issued on December 13, 2021 circularizes the Amendments to Rule 2, Sections 4, 5 and 8; Rule 3 Section 3; Rule 17 Section 2, and Rule 18 Section 5, andRMC No. 120-2021

REVENUE MEMORANDUM CIRCULAR NO. 119-2021 issued on December 13, 2021 announces the availability of the following BIR Forms, which were revised due to the implementation of the Corporate Recovery and Tax Incentives for Enterprises (CREATE)RMC No. 119-2021