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Tax Rules and News 014-2026

Bureau of Internal Revenue Issuances

REVENUE MEMORANDUM CIRCULAR

RMC No. 26-2026
April 06, 2026

Circularizing Anti-Red Tape Authority (ARTA) Advisory No. 2026-007, Series of 2026, entitled “Reiteration on the Deadline of Submission of the Compliances under R.A. 11032, or the Ease of Doing Business and Effective Government Service Delivery Act of 2018, and its Implementing Rules and Regulations (IRR)”.

Full Text | Annex A

RMC No. 27-2026
April 08, 2026

Publishing the Full Text of the February 06, 2026 Letter from the Food and Drug Administration (FDA) of the Department of Health Endorsing the Updated Full List of VAT-Exempt Drugs Under Republic Act (R.A.) No. 10963 (TRAIN Law) and R.A. No. 11534 (CREATE Law).

Full Text | Annex A

Bank Bulletin

BB No. 2026-04
April 07, 2026

Guidelines in the Acceptance of Annual Income Tax Return and Payment of Corresponding Taxes Due Thereon for the Calendar Year 2025.

Full Text

Tax Advisory

2025 Annual Income Tax Return Filing – Due on or Before April 15, 2026

Tax And Business Related News

BIR WEEKENDER BRIEFS
Volume 17, Issue No. 14 Week Ending April 10, 2026 – BIR Website

The following activities were conducted ending April 10, 2026: Run After Tax Evaders (RATE) Program; Tax Enforcement Activities; Destruction of Inventories; Serving Notices; and among others.

Click the link below to read the full news from the source:
https://bir-cdn.bir.gov.ph/BIR/pdf/v17n14.pdf

BIR Simplifies Rules on Tax Breaks on Education Partnerships
Public Information & Education Division / April 06, 2026

The BIR issued RMC No. 23-2026 to streamline and clarify procedures for availing tax incentives on private sector education partnerships, easing compliance and promoting wider participation.

Click the link below to read the full news from the source:
https://bir-cdn.bir.gov.ph/BIR/pdf/PR25APR0626.pdf

BIR Says Cross-Border Services Not Automatically Taxable in PH
Public Information & Education Division / April 06, 2026

The BIR clarified in RMC No. 24-2026 that cross-border service income is taxed based on where services are performed, requiring fact-based assessment and proper documentation, without needing a prior BIR ruling.

Click the link below to read the full news from the source:
https://bir-cdn.bir.gov.ph/BIR/pdf/PR26APR0626.pdf

BIR urged to fast-track digitalization ahead of ITR deadline
Philippine News Agency / Wilnard Bacelonia / April 10, 2026

The Bureau of Internal Revenue is being urged to accelerate its digitalization efforts, citing strong taxpayer adoption of electronic payments and the need to imrpove compliance and efficiency under the Ease of Paying Taxes Act ahead of the April 15 ITR deadline.

Click the link below to read the full news from the source:
https://www.pna.gov.ph/articles/1272648

P33M worth of misdeclared pharmaceutical products seized
Philippine News Agency / Ferdinand Patinio / April 07, 2026

The Bureau of Customs seized ₱33 million worth of undeclared pharmaceutical products from China at the Manila International Container Port, initially misdeclared as pet cages, along with other illicit goods lacking Food and Drug Administration permits.

Click the link below to read the full news from the source:
https://www.pna.gov.ph/articles/1272449

Bayanihan 3 filed in Senate to help curb fuel price surge
Philippine News Agency / Wilnard Bacelonia / April 06, 2026

A proposed “Bayanihan 3” bill seeks to grant the President emergency powers to stabilize fuel prices and supply through interventions, tax relief, and subsidies amid rising global oil costs.

Click the link below to read the full news from the source:
https://www.pna.gov.ph/articles/1272323

The reset button for the cross-border services taxation
Business World / Frenz Angelie B. Hechanova / April 08, 2026

RMC No. 24-2026 clarifies that cross-border services are not automatically taxable, requiring fact-based assessment, proper documentation, and proof that services were performed in the Philippines, while keeping the burden of proof on taxpayers.

Click the link below to reac the full news from the source:
https://www.bworldonline.com/economy/2026/04/08/741720/the-reset-button-for-the-cross-border-services-taxation/

Emerging’ target for excise tax set at P359.06 billion
Business World / Justine Irish D. Tabile / April 05, 2026

The BIR set a lower 2026 excise tax goal of ₱359.06 billion as an operational benchmark, slightly below Budget of Expenditures and Sources of Financing (BESF) target, with most collections assigned to large taxpayers, particularly from tobacco and alcohol.

Click the link below to read the full news from the source:
https://www.bworldonline.com/economy/2026/04/05/740844/emerging-target-for-excise-tax-set-at-p359-06-billion/

Exporters welcome E-TRACC exemption
Business World / Justine Irish D. Tabile / April 05, 2026

The BIR set a lower 2026 excise tax goal of ₱359.06 billion as an operational benchmark, slightly below Budget of Expenditures and Sources of Financing (BESF) target, with most collections assigned to large taxpayers, particularly from tobacco and alcohol.

Click the link below to read the full news from the source:
https://www.bworldonline.com/economy/2026/04/05/740844/emerging-target-for-excise-tax-set-at-p359-06-billion/