The Philippine Tax Whiz discusses the newly-implemented provision for the Quarterly Filing of VAT returns starting January 1, 2023 Yes. Under TRAIN Law, starting from January 1, 2023, the filing and ...

THE Bureau of Internal Revenue (BIR) announced recently that Commissioner Romeo D. Lumagui Jr. Issued Revenue Memorandum Circular (RMC) 52-2023 last May 10, 2023, giving VAT-registered taxpayers the ...

Winston Churchill once said that “to improve is to change; to be perfect is to change often.” Considering how dynamic Philippine taxation is, the amendments in the Tax Code these past few years are ...

The Bureau of Internal Revenue (BIR) has extended the deadline for tax payments, filing of tax returns and submission of documents due to the inclement weather. Internal Revenue Commissioner Romeo D.