Bureau of Internal Revenue Issuances
REVENUE REGULATION
RR No. 2-2026
March 17, 2026
Guidelines in the Availment of the Fiscal Incentives Under Section 38 of Republic Act No. 12120, Otherwise Known as the “Philippine Natural Gas Industry Development Act”.
REVENUE MEMORANDUM CIRCULAR
Tax And Business Related News
Tax court rejects food maker’s petition vs. Davao environmental tax
Philippine News Agency / Benjamin Pulta / March 18, 2026
The Court of Tax Appeals dismissed Dole Philippines Inc. – Stanfilco Division’s petition against Davao City’s environmental tax, ruling it is a regulatory fee—not a local tax—and thus outside the court’s jurisdiction.
Click the link below to read the full news from the source:
https://www.pna.gov.ph/articles/1271357
Oil excise tax suspension to depend on oil trends – PBBM
Philippine News Agency / Ruth Abbey Gita-Carlos / March 18, 2026
Ferdinand R. Marcos Jr. said a possible suspension of fuel excise taxes will depend on global oil price trends amid Middle East tensions, with the government continuing to monitor the situation before taking action.
Click the link below to read the full news from the source:
https://www.pna.gov.ph/articles/1271287
Senate approves fuel tax relief bill
Philippine News Agency / Wilnard Bacelonia / March 17, 2026
The Senate approved a bill allowing the President to suspend fuel excise taxes to ease rising oil prices, with senators noting it could provide relief but may cost the government up to ₱136 billion in lost revenue.
Click the link below to read the full news from the source:
https://www.pna.gov.ph/articles/1271273
BIR shuts down Cebu online seller over ₱211-M undeclared sales
Philippine News Agency / March 14, 2026
The Bureao of Internal Revenue shut down an online luxury of goods seller in Cebu City for failing to declare over ₱211 million in sales, with at least ₱40.4 million in taxes due.
Click the link below to read the full news from the source:
https://www.pna.gov.ph/articles/1271073
Digital work, real taxes
Business World / Olivia Erika R. Susa / March 18, 2026
Remote and digital income—including freelancing and online work—is taxable in the Philippines, as reisdents must report worldwide income even if earned from foreign clients or platforms.
Click the link below to read the full news from the source:
https://www.bworldonline.com/economy/2026/03/18/737299/digital-work-real-taxes/
Too early’ to seek fuel excise tax cut
Business World / Justine Irish D. Tabile / March 17, 2026
The Department of Finance said it is too early to recommend cutting fuel excise taxes, while the government instead plans relief measures and the purchase of 2 million barrels of oil to boost buffer stocks.
Click the link below to read the full news from the source:
https://www.bworldonline.com/economy/2026/03/17/737010/too-early-to-seek-fuel-excise-tax-cut/
Revisiting VAT on digital services: When digital convenience meets tax complexity
Business World / Marc Aaron G. Magbuhat / March 16, 2026
Republic Act No. 12023 imposes a 12% VAT on digital services in the Philippines, but its implementation has raised concerns over higher costs, unclear definitions, and compliance challenges.
Click the link below to read the full news from the source:
https://www.bworldonline.com/economy/2026/03/16/736769/revisiting-vat-on-digital-services-when-digital-convenience-meets-tax-complexity/
BIR confiscates illicit vapes in NCR, nearby areas with ₱33-M unpaid taxes
ABS-CBN News / Job Manahan / March 17, 2026
The Bureau of Internal Revenue seized over 11,000 illicit vape products across Metro Manila and nearby provinces, uncovering about ₱33 million in unpaid excise taxes.
Click the link below to read the full news from the source:
https://www.abs-cbn.com/news/business/2026/3/17/bir-confiscates-illicit-vapes-in-ncr-nearby-areas-with-p33-m-unpaid-taxes-2155
BIR launches tax campaign, highlights taxpayers as partners in nation-building
Philippine Information Agency / Nida Grace P. Barcena / March 18, 2026
The Bureau of Internal Revenue launched its tax campaign in Surigao del Sur to promote tax awareness and encourage voluntary taxpayer compliance.
Click the link below to read the full news from the source:
https://pia.gov.ph/news/bir-launches-tax-campaign-highlights-taxpayers-as-partners-in-nation-building/?utm_source=chatgpt.com
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