Bureau of Internal Revenue Issuances
REVENUE MEMORANDUM CIRCULAR
RMC No. 79-2026
July 20, 2026
Clarifying the Provisions of Revenue Regulations No. 24-2025 on the Imposition of Creditable Withholding Tax on Top Withholding Agents
RMC No. 80-2026
July 21, 2026
Circularizing the Memorandum of Agreement (MOA) Between the Bureau of Internal Revenue (BIR) and its Multi-Sectoral Partners
RMC No. 82-2026
July 22, 2026
Publishing the Full Text of the Resolution No. 2026-1 dated July 02, 2026, Entitled “Grant of the Performance-Based Bonus (PBB) for the Fiscal Year (FY) 2024” and Memorandum Circular No. 2026-1 dated July 03, 2026, Entitled “Guidelines on the Grant of the Performance-Based Bonus (PBB) for the Fiscal Year (FY) 2024” of the Executive Order (E.O.) No. 61 (s.2024) Technical Working Group
Full Text | Resolution No. 2026-1 and Memorandum Circular No. 2026-1
RMC No. 83-2026
July 22, 2026
Circularizing Executive Order No. 117 (S. 2026): Streamlining the Accreditation System for Donee Institutions and Designating the Department of Social Welfare and Development as the Sole Accrediting Entity for Social Welfare and Development Agencies, Amending Executive Order No. 720 (S. 2008)
RMC No. 84-2026
July 23, 2026
Clarifying certain provisions of Revenue Regulations No. 004-2026, prescribing the guidelines and procedures for the availment of the one-time abatement of taxes and/or penalties for micro taxpayers
REVENUE MEMORANDUM ORDER
RMO No. 18-2026
July 23, 2026
Creation of Alphanumeric Tax Code (ATC) of Selected Revenue Source under Revenue Regulations No. 004-2026
RMO No. 19-2026
July 23, 2026
Policies, Guidelines, and Procedures for the Availment of a One-Time Abatement of Taxes and/or Penalties for Micro Taxpayers Pursuant to Revenue Regulations No. 004-2026
Full Text | Annex A | Annex B | Annex C | Annex D | Annex E | Annex F | Annex G | Annex H | Annex I | Annex J | Annex K | Annex L | Annex M
REVENUE DELEGATION AUTHORITY ORDER
RDAO No. 41-2026
July 20, 2026
Authorizes the Legal Division Chief of Revenue Region (RR) No. 6 — Manila to sign documents specified in the Order in view of the official travel of RR No.6’s OIC-Assistant Regional Director from August 12 to August 20, 2026
RDAO No. 42-2026
July 21, 2026
Designates the Assistant Commissioner of the Information Systems Project Management Service (ISPMS) as Officer-in-Charge of the Information Systems Group (ISG) in view of the official travel of the ISG’s Deputy Commissioner
BIR WEBINAR
TAX COMPLIANCE REQUIREMENTS
Tax And Business Related News
BIR WEEKENDER BRIEFS
Volume No. 17 Issue No 29 Week ending July 24, 2026
Nationwide Simultaneous Tax Compliance Verification Drive on Illicit Cigarettes and Vape Products – The Bureau of Internal Revenue conducted its Nationwide Simultaneous Tax Compliance Verification Drive and Verification on Illicit Cigarettes and Vape Products on July 20 and 21, 2026.
Click the link below to read the full news from the source:
https://bir-cdn.bir.gov.ph/BIR/pdf/v17n29 highres.pdf
BIR clarifies creditable withholding tax rules for top withholding agents under RR NO. 24-2025
BIR Website / July 20, 2026
The Bureau of Internal Revenue (BIR) advises all Top Withholding Agents (TWA), manufacturers, direct importers, taxpayers, and other stakeholders that it has issued Revenue Memorandum Circular (RMC) No. 79-2026, which clarifies the provisions of Revenue Regulations (RR) No. 24-2025 on the imposition of Creditable Withholding Tax (CWT) on Top Withholding Agents.
Click the link below to read the full news from the source:
https://bir-cdn.bir.gov.ph/BIR/pdf/PR66JUL2026.pdf
BIR issues CWT rules for certain wholesale goods
Business World / Justine Irish D. Tabile /July 20, 2026
The BIR issued Revenue Memorandum Circular No. 79-2026 on Monday seeking to clarify when top withholding agents should apply the preferential 0.5% creditable withholding tax on purchases of covered goods intended for wholesale.
Click the link below to read the full news from the source:
https://bworldonline.com/economy/2026/07/20/764710/bir-issues-cwt-rules-for-certain-wholesale-goods/
When tax audits meet BIR organizational reform “Let’s Talk Tax”
Business World / Airish M. Macalintal /July 20, 2026
Taxpayers often focus on tax laws and regulations that directly affect their liabilities and compliance obligations, while administrative issuances are generally viewed as having limited impact. However, the recent organizational reforms of the BIR, part of the broader efforts to improve audit administration, illustrate how internal BIR restructuring can have practical implications for taxpayers. As an example, the single-instance audit framework, which limits taxpayers to one Letter of Authority (LoA) per taxable year, significantly reduces unnecessary examinations and strengthens taxpayer protection.
Click the link below to read the full news from the source:
https://bworldonline.com/economy/2026/07/20/764705/when-tax-audits-meet-bir-organizational-reform/
BIR clarifies rules on one-time property transactions
The Philippine Star / Aubrey Rose Inosante / July 20, 2026
In Revenue Memorandum Circular 75-2026, the BIR addressed frequently asked questions on the issuance and processing of the Electronic Certificate Authorizing Registration (eCAR) and the One-Time Transaction (ONETT) Computation Sheet (OCS) for transactions involving real property, shares of stock, donations and estates.
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https://www.philstar.com/business/2026/07/20/2543221/bir-clarifies-rules-one-time-property-transactions
BIR, BOC still upbeat on reaching 2026 goals
Philippine Daily Inquirer / July 20, 2026 – MANILA, Philippines
The country’s two largest revenue agencies remain confident of meeting their revised 2026 collection targets, with the Bureau of Internal Revenue (BIR) banking on stronger economic growth and the Bureau of Customs (BOC) counting on improved import assessments to sustain collections.
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https://business.inquirer.net/601260/bir-boc-still-upbeat-on-reaching-2026-goals
CTA voids P212.48-million BIR tax assessment vs San Roque Power
Business World / Mark Joseph M. Sanchez /July 21, 2026
THE Court of Tax Appeals (CTA) has canceled the Bureau of Internal Revenue’s (BIR) P212.48-million deficiency tax assessment against San Roque Power Corp., ruling that its ancillary service revenues were subject to the zero-percent value-added tax (VAT) rate and that payments to a Japanese contractor for services performed abroad were not subject to Philippine withholding taxes.
Click the link below to read the full news from the source:
https://bworldonline.com/corporate/2026/07/21/764700/cta-voids-p212-48-million-bir-tax-assessment-vs-san-roque-power/
BIR, PNP seize illicit cigarettes
Business World / Justine Irish D. Tabile /July 21, 2026
THE Bureau of Internal Revenue (BIR) and the Philippine National Police (PNP) seized 17 master cases of illicit cigarettes in Davao Oriental, with authorities estimating excise tax liabilities at P6.58 million.
Click the link below to read the full news from the source:
https://bworldonline.com/the-nation/2026/07/21/765017/bir-pnp-seize-illicit-cigarettes/
Legarda files tax reform bill for bigger take-home pay, fairer taxes
Inquirer.Net / Jan Escosio / July 21, 2026
The measure — Senate Bill No. 2255, or the proposed Keeping Incomes Tax-relieved and Augmented (Kita) Act — aims to amend the National Internal Revenue Code of 1997 to raise exemptions, remove unfair taxes on ordinary workers’ earnings, and keep take-home pay in step with the cost of living.
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https://newsinfo.inquirer.net/2267814/legarda-files-tax-reform-bill-for-bigger-take-home-pay-fairer-taxes
BIR: Electronic tax clearance system now available nationwide
Philippine News Agency / Anna Leah Gonzales /July 23, 2026 – MANILA
The Bureau of Internal Revenue’s electronic tax clearance system (eTCS) is now available nationwide. In a statement Thursday, BIR said the eTCS is now available to taxpayers registered under Revenue Regions Nos. 1 to 19, pursuant to Revenue Memorandum Circular No. 76-2026. The web-based system enables taxpayers to conveniently apply for, pay and download their Tax Clearance Certificate online.
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https://www.pna.gov.ph/articles/1280169
Business organizations flag refunds, audits, cross-border taxation as their top tax concerns
Philippine News Agency / Anna Leah Gonzales /July 23, 2026
BUSINESS GROUPS expect a partnership with the Bureau of Internal Revenue (BIR) to generate more practical tax rules and concrete administrative reforms, particularly concerning tax refunds, audits and cross-border taxation. Philippine Exporters Confederation, Inc. (Philexport) President Sergio R. Ortiz-Luis, Jr. said taxpayer feedback can help ensure that policy proposals consider their real-world impact before they are implemented.
Click the link below to read the full news from the source:
https://bworldonline.com/economy/2026/07/23/765619/business-organizations-flag-refunds-audits-cross-border-taxation-as-their-top-tax-concerns/
BIR files P22.71-B tax evasion case vs Sunwest, execs
Philippine News Agency / Anna Leah Gonzales /July 24, 2026 – MANILA
The Bureau of Internal Revenue (BIR) filed on Friday criminal complaints with the Department of Justice (DOJ) against Sunwest Inc., its president Aderma Angelie Descarga Alcazar and treasurer Cesar Zacarias Buenaventura for tax evasion involving an estimated PHP22.71 billion deficiency income tax liability.
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https://www.pna.gov.ph/articles/1280211
BIR issues workaround for Covid-19 loss carry-overs held back by tech limitations
Manila Bulletin / Derco Rosal / July 24, 2026
Under Republic Act No. 11494 (the Bayanihan to Heal as One Act), businesses are permitted to deduct losses incurred during the 2020 and 2021 taxable years over an extended five-year period—a key recovery measure designed to soften pandemic-induced economic shocks. Typically, when a firm incurs a net operating loss carry-over (NOLCO), it owes no income tax for that year and can offset the loss against future taxable income, lowering its tax liability.
Click the link below to read the full news from the source:
https://mb.com.ph/2026/07/24/bir-issues-workaround-for-covid-19-loss-carry-overs-held-back-by-tech-limitations
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