BIR – Revenue Memorandum Order No. 48-2025
As seen on BIR’s Official Facebook Page – Revenue Memorandum Order No. 48-2025 -Streamlining of Requirements for the Application of a Certificate of Tax Exemption for Socialized and Economic Housing Projects Pursuant to Republic Act No. 7279 and Executive Order No. 226 Full Text: https://tinyurl.com/RMO482025
BIR ADVISORY – cautions the public against a fraudulent document being circulated
As seen on BIR’s Official Facebook – The Bureau of Internal Revenue (BIR) cautions the public against a fraudulent document being circulated, particularly an advisory for individual recipients of foreign-sourced trading income, purportedly issued by the International Tax Affairs Division (ITAD) and signed by the Commissioner of Internal Revenue, falsely obliging the said individuals to […]
The Securities and Exchange Commission presented its recently launched “STREAM 2030”
As seen on SEC’s Official Facebook – I𝗖𝗬𝗠𝗜: The Securities and Exchange Commission presented its recently launched “STREAM 2030” Transformation Roadmap to the country’s banking leaders at the Bankers Institute of the Philippines, Inc. (BAIPHIL) General Membership Meeting on November 12, Wednesday. Speaking at the Dusit Thani Hotel in Makati, SEC Chairperson Francis Lim shared […]
𝗦𝗘𝗖 𝘀𝗲𝗰𝘂𝗿𝗲𝘀 𝗗𝗢𝗙 𝗮𝗽𝗽𝗿𝗼𝘃𝗮𝗹 𝘁𝗼 𝗲𝘅𝗲𝗺𝗽𝘁 𝗺𝗶𝗰𝗿𝗼 𝗲𝗻𝘁𝗲𝗿𝗽𝗿𝗶𝘀𝗲𝘀 𝗳𝗿𝗼𝗺 𝘀𝘂𝗯𝗺𝗶𝘁𝘁𝗶𝗻𝗴 𝗮𝘂𝗱𝗶𝘁𝗲𝗱 𝗙𝗦, 𝗿𝗲𝗹𝗲𝗮𝘀𝗲𝘀 𝗱𝗿𝗮𝗳𝘁 𝗿𝘂𝗹𝗲𝘀
As seen on SEC’s Official FB – The Securities and Exchange Commission (SEC) has secured approval from the Department of Finance (DOF) to simplify the reportorial requirements of micro enterprises by allowing them to submit certified, instead of audited, financial statements. Accordingly, the Commission on December 9 issued for public comment the proposed Amendments to […]
𝗦𝗘𝗖 𝗶𝘀𝘀𝘂𝗲𝘀 𝗿𝗲𝘃𝗶𝘀𝗲𝗱 𝗿𝘂𝗹𝗲𝘀 𝗳𝗼𝗿 𝗯𝗲𝗻𝗲𝗳𝗶𝗰𝗶𝗮𝗹 𝗼𝘄𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝗱𝗲𝗰𝗹𝗮𝗿𝗮𝘁𝗶𝗼𝗻
The Securities and Exchange Commission (SEC) has issued Memorandum Circular No. 15, Series of 2025 or the Beneficial Ownership Disclosure Rules of 2026 to strengthen corporate transparency, accountability, and good governance. The revised rules enhance the accuracy and accessibility of beneficial ownership information, supporting efforts to prevent the misuse of corporate structures and combat financial […]
𝗦𝗘𝗖 𝗿𝗲𝗰𝗮𝗹𝗶𝗯𝗿𝗮𝘁𝗲𝘀 𝗶𝗻𝘁𝗲𝗿𝗲𝘀𝘁 𝗿𝗮𝘁𝗲 𝗰𝗮𝗽 𝗳𝗼𝗿 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴, 𝗹𝗲𝗻𝗱𝗶𝗻𝗴 𝗳𝗶𝗿𝗺𝘀
The Securities and Exchange Commission (SEC) is tightening the cap on interest rates and related fees charged by financing and lending companies for specific loans to protect financial consumers, as well as promote the industry’s competitiveness. The Commission on December 10 issued SEC Memorandum Circular No. 14, Series of 2025, which provides for the Recalibrated […]
ADVISORY – In line with the issuance of Revenue Memorandum Circular No. 107-2025
PUBLIC ADVISORY: In line with the issuance of Revenue Memorandum Circular No. 107-2025, everyone may send their complaints, concerns, and suggestions relating to audits and the issuance of Letters of Authority (LOAs) and Mission Orders directly to this email address: tellthecommissioner@bir.gov.ph
Revenue Memorandum Circular No. 105-2025
Clarifying the Taxability of Health Emergency Allowance Granted Under Republic Act No. 11712, Otherwise Known as the “Public Health Emergency Benefits and Allowances for Health Care Workers Act” Full text: https://tinyurl.com/38sd44t4
𝗦𝗘𝗖 𝗣𝗵𝗶𝗹𝗶𝗽𝗽𝗶𝗻𝗲𝘀 𝘁𝗲𝗮𝗺𝘀 𝘂𝗽 𝘄𝗶𝘁𝗵 𝗖𝗮𝗺𝗯𝗼𝗱𝗶𝗮𝗻 𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝗶𝗲𝘀 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿 𝘁𝗼 𝗱𝗲𝘃𝗲𝗹𝗼𝗽 𝗰𝗮𝗽𝗶𝘁𝗮𝗹 𝗺𝗮𝗿𝗸𝗲𝘁𝘀
The Securities and Exchange Commission (SEC) Philippines and the Securities and Exchange Regulator of Cambodia (SERC) have formally entered into an agreement to collaborate in developing their capital markets. In a ceremony held in Kuala Lumpur, Malaysia on November 4, both regulators signed a memorandum of understanding (MoU) promoting mutual assistance, information exchange, and stronger […]
𝗦𝗘𝗖 𝗿𝗼𝗹𝗹𝘀 𝗼𝘂𝘁 𝗳𝗿𝗲𝗲 𝗰𝗼𝗺𝗽𝗮𝗻𝘆 𝗿𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 𝘀𝗶𝗺𝘂𝗹𝗮𝘁𝗶𝗼𝗻 𝗽𝗹𝗮𝘁𝗳𝗼𝗿𝗺
As seen on SEC’s Official Facebook Page – The Securities and Exchange Commission (SEC) has launched an online platform that allows entrepreneurs to simulate the company registration process, making doing business easier in the country. The Commission has unveiled the Company Registration Simulation, a feature offered at no cost to users, under its newly revamped […]
