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 “List

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 and

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, into

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).         

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, and

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)

REVENUE MEMORANDUM CIRCULAR NO. 118-2021 issued on December 10, 2021 publishes the list of Registered Manufacturers/Importers/Exporters with the corresponding product brands/variants of cigarettes, heated tobacco and vapor products reflecting the following product category:     

Clarifies on the manner of submission of BIR Form Nos. 2307 and 2316 under Revenue Regulations No. 16-2021 REVENUE MEMORANDUM CIRCULAR NO. 117-2021 issued on November 24, 2021 clarifies the manner of submission of BIR

REVENUE MEMORANDUM CIRCULAR NO. 116-2021 issued on November 22, 2021 publishes the updated Agency Accountability Timelines under Section 5.0 of the Inter-Agency Task Force (IATF) Memorandum Circular (MC) No. 2021-1 titled “Guidelines in the Grant

REVENUE MEMORANDUM CIRCULAR NO. 115-2021 issued on November 19, 2021 publishes the full text of the letters from Undersecretary Charade B. Mercado-Grande of the Department of Health containing updates to the list of VAT-exempt COVID-19