The Philippine tax landscape in 2025 was shaped by three main forces: enactment/enforcement of new tax laws, issuances of implementing rules and regulations with other related issuances, and key ...

The community of taxation in the Philippines has entered a new era. Several decades ago, Philippine taxation consisted of carbon copy invoices, paper ledgers, yellow-colored columnar pads, and tedious ...

TAX has long been viewed as a domestic concern, rooted in local laws and national priorities. Yet today, global business, digital transformation and fast-evolving standards are reshaping that belief.

Over a year since the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circulars (RMC) Nos. 05-2024 and 38-2024, taxpayers continue to navigate the complexities that these twin issuances ...