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πŸ“’ TAX ALERT: Online sellers and content creators, you can now post a BIR Registration Seal Badge instead of your full CO...
16/10/2026

πŸ“’ TAX ALERT: Online sellers and content creators, you can now post a BIR Registration Seal Badge instead of your full COR!

The BIR issued RMC No. 38-2026 on April 29, 2026, introducing the BIR Registration Seal Badge as proof of registration for online businesses, so you no longer have to expose sensitive details on your Certificate of Registration.

πŸ”‘ KEY POINTS:
βœ… WHO: Online sellers of goods and services, professionals offering services online, bloggers, vloggers, live streamers, content creators, influencers, and anyone earning from views, ads, affiliate commissions, or sponsorships.
βœ… FREE: The Seal Badge is issued free of charge through ORUS or your RDO. If you get it online, you just pay the β‚±30 documentary stamp tax.
βœ… QR CODE: Your COR/eCOR and Seal Badge now carry a QR Code anyone can scan to verify your registration.
βœ… CORRECT CODE: Make sure your COR shows the right code, e.g., PSOC 5990 (Online Content Creator) or PSIC 47913 (Retail sale via internet).

πŸ“ WHERE TO POST:
β€’ Your website or app: About, Company, Government Compliance, or Business Permits page
β€’ Your online shop: seller profile, store or shop details, or business page

⚠️ REMINDERS:
β€’ Post ONLY the Seal Badge. You may crop it from the document.
β€’ Keep it clear, readable, and unaltered.
β€’ Existing CORs without a QR Code remain valid, but update yours to get a Seal Badge.
β€’ Buyers and platforms: scan the QR Code and make sure it opens the official verify.bir.gov.ph page. πŸ”

πŸ’¬ Need help registering your online business or getting your Seal Badge? Send us a message.

15/10/2026
πŸ“’ TAX ALERT: New rules on deducting the Senior Citizen discount on medicines!The BIR and DOF issued RR No. 7-2026, amend...
15/10/2026

πŸ“’ TAX ALERT: New rules on deducting the Senior Citizen discount on medicines!

The BIR and DOF issued RR No. 7-2026, amending RR No. 7-2010 on the tax treatment of the 20% senior citizen discount under the Expanded Senior Citizens Act (RA No. 9994).

πŸ”‘ KEY POINTS:
βœ… Manufacturers and distributors of medicines are now expressly included as "establishments" subject to DOH burden-sharing rules.
βœ… Retailers, manufacturers/distributors, wholesalers-retailers, and wholesalers may share the burden of the discount through a written agreement, following DOH guidelines.
βœ… The agreement must be properly documented, and a copy must be given to the DOH.
βœ… If the discount burden is shared, each business may deduct ONLY its own share under the agreement, not the full 20%.
βœ… The discount is still an itemized deduction, so it is NOT available if you use the Optional Standard Deduction (OSD).
πŸ’‘ EXAMPLE: A β‚±1,000 medicine gets a β‚±200 senior discount. If the drugstore's share under the agreement is 30%, it may deduct only β‚±60. The rest is borne by the manufacturer or distributor through rebates.
⚠️ WHAT TO DO:
β€’ Drugstores: track rebates and deduct only your share.
β€’ Manufacturers and distributors: put agreements in writing and submit a copy to the DOH.
β€’ Senior citizens: your 20% discount and VAT exemption on medicines stay the same! πŸ‘΅πŸ‘΄
πŸ“… Effective 15 days after publication in the Official Gazette or on the BIR website, whichever comes first.
πŸ’¬ Need help with your senior citizen discount deductions? Send us a message.

14/10/2026

πŸ“’ TAX ALERT: BIR now requires e-invoicing providers to be ACCREDITED!

On October 12, 2026, the BIR issued RMC No. 110-2026, setting strict rules for Electronic Invoicing Service Providers (ESPs), the companies that issue, store, and transmit e-invoices on behalf of taxpayers. It took effect immediately.

πŸ”‘ KEY POINTS:
βœ… No accreditation, no service. ESPs cannot offer e-invoicing or sales reporting to taxpayers without a BIR Electronic Invoicing Solutions Accreditation Certificate.
βœ… Tough entry requirements. ESPs must pass a stage-gated review (security, data privacy, data residency, live demo, stress testing) and show a 3-year track record of systems handling at least 5 million transactions and 1,000 active accounts a year.
βœ… Valid for 5 years, with annual reviews. Renew at least 60 days before expiry.
βœ… Your data is yours. ESPs cannot charge hidden exit or migration fees, lock you in, withhold your records over unpaid fees, or sell or use your data for ads or credit scoring.
βœ… Fast reporting. Invoice and sales data must be transmitted within 3 calendar days, and critical incidents must be reported to the BIR within 24 hours.
βœ… ESPs are liable for losses caused by their system failures, data breaches, or sales manipulation, and the BIR may require bonds and insurance.

⚠️ WHAT THIS MEANS FOR TAXPAYERS:
β€’ Your PTI Electronic Invoice is valid only while your ESP's accreditation is valid.
β€’ Using an ESP does NOT relieve you of your duty to issue correct invoices and pay the right taxes.
β€’ You will not be penalized for a transmission failure caused solely by an ACCREDITED ESP, as long as you acted diligently, reported on time, and followed contingency procedures.
β€’ In-house systems used only by you and your branches are not covered, but platforms shared with affiliates or franchisees may be.
πŸ“… The e-invoicing deadline for covered taxpayers is DECEMBER 31, 2026 (RR No. 26-2025). Ask your provider for its Accreditation Certificate before you sign!

πŸ’¬ Need help with e-invoicing compliance? Send us a message.

22/06/2026

𝗣π—₯π—˜π—¦π—¦ π—₯π—˜π—Ÿπ—˜π—”π—¦π—˜
π—•π—œπ—₯ π—’π—£π—˜π—‘π—¦ π—’π—‘π—˜-π—§π—œπ— π—˜ 𝗧𝗔𝗫 π—”π—•π—”π—§π—˜π— π—˜π—‘π—§ 𝗣π—₯π—’π—šπ—₯𝗔𝗠 𝗙𝗒π—₯ π— π—œπ—–π—₯𝗒 π—§π—”π—«π—£π—”π—¬π—˜π—₯𝗦, π—’π—™π—™π—˜π—₯𝗦 𝗙π—₯π—˜π—¦π—› 𝗦𝗧𝗔π—₯𝗧 𝗙𝗒π—₯ π— π—œπ—–π—₯𝗒 π—•π—¨π—¦π—œπ—‘π—˜π—¦π—¦π—˜π—¦ 𝗔𝗑𝗗 𝗦𝗧𝗒𝗣-π—™π—œπ—Ÿπ—˜π—₯𝗦

The Bureau of Internal Revenue (BIR) has opened a one-time tax abatement program for micro taxpayers, offering micro businesses and stop-filers an opportunity to resolve outstanding tax liabilities, clean up their records, and start with a clean slate.

Through Revenue Regulations No. 4-2026 issued on June 22, 2026, the BIR prescribes the guidelines and procedures for the availment of a one-time abatement of taxes and/or penalties for qualified micro taxpayers with delinquent accounts, assessments, and open stop-filer cases. Qualified applicants may avail of the program until December 31, 2026.

The program covers micro taxpayers whose gross sales for the year do not exceed Three Million Pesos (P3,000,000) and whose covered total basic tax liabilities and/or penalties do not exceed Eighty Thousand Pesos (P80,000) for a taxable year. Eligible cases include delinquent accounts and assessments, whether preliminary or final and whether disputed or not, as well as open stop-filer cases, including those involving taxpayers who have already ceased business operations. Covered liabilities must pertain to cases existing as of December 31, 2025.

Encouraging qualified taxpayers to take advantage of the opportunity, Commissioner Charlito Martin R. Mendoza said the measure supports President Ferdinand R. Marcos Jr.’s directive to ease compliance and make government services more accessible for the transacting public.

β€œThis is an opportunity to start with a clean slate. If you are a micro taxpayer with old tax obligations, delinquent accounts, assessments, or stop-filer cases, I encourage you to avail of this program. It is meant to help you settle past obligations without a heavy financial burden, update your records, and move forward as a compliant taxpayer,” Commissioner Mendoza said.

Finance Secretary Frederick D. Go welcomed the initiative as part of the administration’s continuing Ease of Doing Business reforms.

β€œWe aim to create a more taxpayer-friendly and business-friendly environment while helping micro businesses resolve lingering tax issues and maintain good compliance practices. By helping micro taxpayers resolve old liabilities and update their records, we are removing barriers to compliance and encouraging greater participation in the formal economy,” Secretary Go said.

The Revenue Regulations complement the earlier-issued Revenue Memorandum Circular No. 47-2026, which prescribed simplified and streamlined guidelines and procedures for the closure and cancellation of business registration with the BIR, under which tax clearances may be issued in as fast as three days for qualified cases.

β€œMany micro taxpayers have already stopped operating but continue to carry unresolved tax obligations or inactive registrations. We have already simplified the process of properly closing a business, and this one-time abatement program complements it by easing the financial burden of settling old tax liabilities for our micro taxpayers. Together, these reforms make it easier to close lingering cases, put their records in order, and move forward,” Mendoza said.

Under the regulations, qualified taxpayers must file an application for abatement with the Revenue District Office having jurisdiction over them and pay a one-time abatement fee of Five Thousand Pesos (P5,000) for each approved application. Upon compliance with the requirements, the concerned Revenue District Office shall issue a Certificate of Availment evidencing that the taxpayer availed of the program and that the covered case has been closed.

By helping taxpayers regularize their records, resolve dormant cases, and close lingering obligations, the Bureau aims to strengthen voluntary compliance and maintain cleaner, more accurate taxpayer records.

Read the full Revenue Regulation here: https://tinyurl.com/BIRRR4-2026

11/06/2026

πŸ“’ π——π—˜π—”π——π—Ÿπ—œπ—‘π—˜ π—”π—Ÿπ—˜π—₯𝗧

Don't miss the deadline! The filing of the 2025 Annual Financial Statements (AFS) for all domestic and foreign corporations is due on 15 June 2026.

All domestic and foreign corporations are reminded to submit their AFS on or before the deadline and ensure that the documents are duly received by the Bureau of Internal Revenue (BIR), in accordance with existing rules and regulations.

Read the full notice here: https://www.sec.gov.ph/notices-2026/extension-of-the-deadline-for-filing-of-2025-annual-financial-statements-afs/

09/06/2026
19/05/2026

π—•π—œπ—₯ π—Ÿπ—”π—¨π—‘π—–π—›π—˜π—¦ β€œπ—˜π—”π—¦π—˜ 𝗒𝗙 π—–π—Ÿπ—’π—¦π—œπ—‘π—š π—•π—¨π—¦π—œπ—‘π—˜π—¦π—¦β€ π—šπ—¨π—œπ——π—˜π—Ÿπ—œπ—‘π—˜π—¦ 𝗙𝗒π—₯ 𝗧𝗔𝗫 π—₯π—˜π—šπ—œπ—¦π—§π—₯π—”π—§π—œπ—’π—‘ π—–π—”π—‘π—–π—˜π—Ÿπ—Ÿπ—”π—§π—œπ—’π—‘; 𝗧𝗔𝗫 π—–π—Ÿπ—˜π—”π—₯π—”π—‘π—–π—˜ π—₯π—˜π—Ÿπ—˜π—”π—¦π—˜π—— 𝗔𝗦 𝗙𝗔𝗦𝗧 𝗔𝗦 𝗧𝗛π—₯π—˜π—˜ 𝗗𝗔𝗬𝗦

The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 47-2026 on May 19, 2026, prescribing new guidelines to simplify the process for closing businesses and cancelling tax registration, as part of the implementation of Republic Act No. 11976, otherwise known as the β€œEase of Paying Taxes Act.”

β€œThis is our β€˜Ease of Closing Business’ reform,” Commissioner Charlito Martin R. Mendoza said. β€œIn line with President Ferdinand R. Marcos Jr.’s directive to make government services faster, better, and more responsive, and Finance Secretary Frederick D. Go’s push to make tax administration more investor-friendly and business-friendly, the BIR is making it easier for taxpayers who have already ceased operations to properly close their business and cancel their registration.”

β€œFrom improving the ease of doing business and the ease of paying taxes, this reform completes the BIR’s support for businesses through every stage of the business life cycle. If we make it easier to start and operate a business, then the government must also make it easier to properly close BIR registration once operations have already ceased,” he added.

Under RMC No. 47-2026, taxpayers who have already ceased operations may now apply for the closure or cancellation of their registration, either manually or electronically, through the Revenue District Office where their head office or branch is registered.

The Circular simplifies and standardizes documentary requirements. Together with the application form and the surrender of original BIR registration documents and permits previously issued to the business, taxpayers will only be required to submit two other document sets for closure: the list of ending inventory of goods and supplies, including capital goods for VAT-registered taxpayers, and the unused invoices, supplementary documents, and other unutilized accounting forms, together with their inventory.

Under the new guidelines, penalties for non-filing of tax returns shall no longer accrue once the taxpayer submits the complete documentary requirements for the closure or cancellation of registration. To prevent the further accumulation of open cases, the taxpayer’s registered form types shall likewise be placed under β€œderegistered” status upon submission of the complete requirements. Filing an application for the closure or cancellation of registration, however, does not preclude the Bureau from conducting an audit to determine any outstanding tax liabilities.

In addition, micro taxpayers shall not be subject to mandatory audit for closure and/or cancellation of business registration. Hence, tax clearances will be issued within three (3) working days from submission of complete documentary requirements for those with no open cases or outstanding liabilities. For micro taxpayers with open cases, tax clearance will be issued within three (3) working days from the submission of the complete documentary requirements and the payment of outstanding liabilities, including penalties.

Commissioner Mendoza encouraged taxpayers who have already ceased operations to avail themselves of the streamlined process to avoid the continued accumulation of penalties and to properly update their registration records with the Bureau.

Read the full RMC here:https://bir-cdn.bir.gov.ph/BIR/pdf/RMC%20No.%2047-2026.pdf

BIR Update: Revenue Memorandum Circular (RMC) No. 36-2026 announces the availability of Offline Electronic Bureau of Int...
29/04/2026

BIR Update: Revenue Memorandum Circular (RMC) No. 36-2026 announces the availability of Offline Electronic Bureau of Internal Revenue Forms (eBIRForms) Package Version 7.9.6.

Revenue Memorandum Circular No. 030-2026Extension of the deadline for the Filing of 2025 Annual Income Tax Returns and P...
14/04/2026

Revenue Memorandum Circular No. 030-2026
Extension of the deadline for the Filing of 2025 Annual Income Tax Returns and Payment of the Corresponding Taxes Due Thereon Including Submission of Required Attachments

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