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 – I๐๐ฌ๐ ๐: 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 […]
๐ฆ๐๐ ๐๐ฒ๐ฐ๐๐ฟ๐ฒ๐ ๐๐ข๐ ๐ฎ๐ฝ๐ฝ๐ฟ๐ผ๐๐ฎ๐น ๐๐ผ ๐ฒ๐ ๐ฒ๐บ๐ฝ๐ ๐บ๐ถ๐ฐ๐ฟ๐ผ ๐ฒ๐ป๐๐ฒ๐ฟ๐ฝ๐ฟ๐ถ๐๐ฒ๐ ๐ณ๐ฟ๐ผ๐บ ๐๐๐ฏ๐บ๐ถ๐๐๐ถ๐ป๐ด ๐ฎ๐๐ฑ๐ถ๐๐ฒ๐ฑ ๐๐ฆ, ๐ฟ๐ฒ๐น๐ฒ๐ฎ๐๐ฒ๐ ๐ฑ๐ฟ๐ฎ๐ณ๐ ๐ฟ๐๐น๐ฒ๐
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 […]
๐ฆ๐๐ ๐ฟ๐ฒ๐ฐ๐ฎ๐น๐ถ๐ฏ๐ฟ๐ฎ๐๐ฒ๐ ๐ถ๐ป๐๐ฒ๐ฟ๐ฒ๐๐ ๐ฟ๐ฎ๐๐ฒ ๐ฐ๐ฎ๐ฝ ๐ณ๐ผ๐ฟ ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ป๐ด, ๐น๐ฒ๐ป๐ฑ๐ถ๐ป๐ด ๐ณ๐ถ๐ฟ๐บ๐
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 industryโs 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
๐ฆ๐๐ ๐ฟ๐ผ๐น๐น๐ ๐ผ๐๐ ๐ณ๐ฟ๐ฒ๐ฒ ๐ฐ๐ผ๐บ๐ฝ๐ฎ๐ป๐ ๐ฟ๐ฒ๐ด๐ถ๐๐๐ฟ๐ฎ๐๐ถ๐ผ๐ป ๐๐ถ๐บ๐๐น๐ฎ๐๐ถ๐ผ๐ป ๐ฝ๐น๐ฎ๐๐ณ๐ผ๐ฟ๐บ
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 […]
Former Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. officially handed over the reins to newly appointed BIR Commissioner Charlito Martin R. Mendoza
As posted on BIR’s Facebook – Former Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. officially handed over the reins to newly appointed BIR Commissioner Charlito Martin R. Mendoza in a ceremony on November 17, 2025. The turnover ceremony was witnessed by the entire BIR family, with the regional offices attending online via Zoom. […]
Clarification on the Documentary Requirements for Business Registration Being Signed by the Assistant Corporate Secretary of a Corporation
On BIR’s Social Media Page – Revenue Memorandum Circular No. 91-2025 – Clarification on the Documentary Requirements for Business Registration Being Signed by the Assistant Corporate Secretary of a Corporation – Read full article below. https://bir-cdn.bir.gov.ph/BIR/pdf/RMC%20NO.%2091-2025.pdf?fbclid=IwY2xjawN0_7VleHRuA2FlbQIxMABicmlkETFaSXR5aFVXNlZZMGY1UnZNAR7LWPaUV6-xJmy_OaDndlid6MWD0TlmqcqG9W7-BXUfR691NRCECDneDXWHgw_aem_YT0qdhnFFFZY6vIrSxI1gQ
SECEconomics – 2025
The SEConomics September 2025 issue features key developments in the global equities and fixed income markets, the countryโs national debt, and the enactment of Republic Act No. 12253, or the Enhanced Fiscal Regime for Large-Scale Metallic Mining Act. Global equities climbed in September, supported by rallies in U.S. markets following the Fedโs first rate cut […]
๐ฆ๐๐ ๐ข๐จ๐ง๐๐๐ก๐๐ฆ ๐ฅ๐จ๐๐๐ฆ ๐ข๐ก ๐๐ซ๐๐ ๐ฃ๐ง ๐ง๐ฅ๐๐ก๐ฆ๐๐๐ง๐๐ข๐ก๐ฆ ๐จ๐ก๐๐๐ฅ ๐ฆ๐ฅ๐
The Securities and Exchange Commission (SEC) has released guidelines on exempt transactions under Section 10 of the Securities Regulation Code (SRC), streamlining procedures to promote ease of doing business while ensuring investor protection. This amendment clarifies when confirmation of exemption and payment of fees are required, providing greater transparency and predictability for companies and market […]
