BIR – Revenue Regulations No. 20-2025
BIR releases announcement on Revenue Regulations No. 20-2025 – Implementing the Rate Adjustment of Stock Transaction Tax (STT) and the Imposition of the STT on the Sale of Exchange of Domestic Shares of Stocks and Other Securities Listed and Traded Through a Foreign Stock Exchange Under Section 17 of Republic Act No. 12214, Otherwise Known […]
𝗡𝗢𝗧𝗜𝗖𝗘: 𝗔𝗺𝗲𝗻𝗱𝗺𝗲𝗻𝘁 𝗼𝗳 𝗥𝗲𝗾𝘂𝗶𝗿𝗲𝗺𝗲𝗻𝘁𝘀 𝗳𝗼𝗿 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀 𝘁𝗼 𝗗𝗲𝗰𝗿𝗲𝗮𝘀𝗲 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗦𝘁𝗼𝗰𝗸
SEC releases an announcement on requirements for decrease of capital, The Securities and Exchange Commission (SEC) no longer requires the written consent of each creditor for applications to decrease authorized capital stock filed via the Financial Analysis and Audit Department (FAAD). However, please be reminded that the publication requirement for such applications will be strictly […]
𝗦𝗘𝗖 𝗱𝗶𝗿𝗲𝗰𝘁𝘀 𝗱𝗲𝗰𝗹𝗮𝘀𝘀𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗰𝗼𝗺𝗺𝗼𝗻 𝘀𝗵𝗮𝗿𝗲
ON August 8 – The SEC released news regarding declassification of common share. The Securities and Exchange Commission (SEC) has directed all listed companies to discontinue the classification of common shares previously imposed to monitor foreign ownership limits, to ensure efficiency in executing and settling equity trades. The Commission on August 7 issued SEC Memorandum […]
𝗦𝗘𝗖 𝗯𝗼𝗹𝘀𝘁𝗲𝗿𝘀 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 𝗳𝗼𝗿 𝗠𝗦𝗠𝗘𝘀 𝗯𝘆 𝗰𝘂𝘁𝘁𝗶𝗻𝗴 𝗿𝗲𝗱 𝘁𝗮𝗽𝗲 𝗳𝗼𝗿 𝗿𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻, 𝗳𝘂𝗻𝗱 𝗿𝗮𝗶𝘀𝗶𝗻𝗴
Recently, SEC announced their efforts on soldering the support for MSME, as seen on Manila Bulletin and posted on their website and social media channels, read them below. The Securities and Exchange Commission (SEC) has bolstered support for micro, small, and medium enterprises (MSMEs) with fresh initiatives to bring its services closer to businesses, including […]
BIR – Revenue Memorandum Circular No. 63-2025
Revenue Memorandum Circular No. 63-2025 Circularizing Treasury Circular No. 3-2025, titled “Supplemental Guidelines to the Treasury Circular (TC) Nos. 3-2024 Dated 12 April 2024 and TC 02-2022 dated 31 May 2022 in Line the Implementation of the National Government Collection and Disbursement System (NGCDS) of the Bureau of the Treasury. Full Text https://tinyurl.com/y5zsyfz6 Annex A: […]
BIR Tax Deadline July
July 1, 2025 Tuesday SUBMISSION Consolidated Returns of All Transactions based on the Reconciled Data of the Stockbrokers. June 16–30, 2025 Engagement Letters and Renewals or Subsequent Agreements for Financial Audit by Independent CPAs. Fiscal Year beginning September 1, 2025
𝗦𝗘𝗖 𝗶𝘀𝘀𝘂𝗲𝘀 𝗿𝘂𝗹𝗲𝘀 𝗼𝗻 𝗖𝗿𝘆𝗽𝘁𝗼-𝗔𝘀𝘀𝗲𝘁 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗣𝗿𝗼𝘃𝗶𝗱𝗲𝗿𝘀 (𝗖𝗔𝗦𝗣) 𝘁𝗼 𝘀𝘁𝗿𝗲𝗻𝗴𝘁𝗵𝗲𝗻 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗽𝗿𝗼𝘁𝗲𝗰𝘁𝗶𝗼𝗻 𝗮𝗺𝗶𝗱 𝗴𝗿𝗼𝘄𝗶𝗻𝗴 𝗰𝗿𝘆𝗽𝘁𝗼 𝗮𝗱𝗼𝗽𝘁𝗶𝗼𝗻 𝗶𝗻 𝘁𝗵𝗲 𝗣𝗵𝗶𝗹𝗶𝗽𝗽𝗶𝗻𝗲𝘀
SEC releases statement on Crypto-Asset – As the Philippines continues to rank among the top countries in cryptocurrency adoption, the Securities and Exchange Commission (SEC) has issued the Rules on Crypto-Asset Service Providers (CASPs) to ensure robust consumer protection, financial stability, and market integrity in the digital asset space through SEC Memorandum Circular No. 4, […]
BIR Tax Deadline
June 15 2025 REGISTRATION (MANUAL OR ONLINE THRU ORUS) Permanently Bound Loose-Leaf Books of Accounts/Invoices and Other Accounting Records – Fiscal Year ending May 31, 2025 e-FILING & e-PAYMENT BIR Forms 1601-C (Monthly Remittance Return of Income Taxes Withheld on Compensation) and/or 0619-E (Monthly Remittance Form of Creditable Income Taxes Withheld-Expanded) and/or 0619-F (Monthly Remittance […]
BIR – Revenue Memorandum Circular No. 45-2025
Posted May 30, 2025 – The BIR issues a new memorandum No. 45-2025 Circularizing Cooperative Development Authority, Department of Finance and Bureau of Internal Revenue Joint Administrative Order No. 001-2025 entitled “Rules to Implement the Penalty Provision under Section 308 of the NIRC of 1997, as amended by R.A. No. 11534, otherwise known as the […]
