In our earlier article, “Removal of the 5-Year Validity of Receipts and Invoices,” I explained that the Philippine tax system is mostly driven by supporting documents and that the deductibility of ...

The heat of the dry season is still at its peak. At times like these, many travelers who enjoy the sun are basking in the various destinations and attractions of the archipelago. This reminds me of a ...

The Bureau of Internal Revenue through Revenue Regulations (RR) 7-2024 established the new invoicing requirements to implement the amendments introduced in the EOPT Law With the enactment of Republic ...

Since the effectivity of Republic Act 11976, otherwise known as the Ease of Paying Taxes (EOPT) Act on January 22, 2024, the Bureau of Internal Revenue (BIR) has issued several Revenue Regulations (RR ...