Bureau of Internal Revenue Issuances
REVENUE MEMORANDUM CIRCULAR
RMC No. 30-2026
April 14, 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
RMC No. 32-2026
April 20, 2026
Circularizing Joint Administrative Order No. 001-2025 entitled “GUIDELINES ON THE TREATMENT OF DONATIONS TO THE NATIONAL DAIRY AUTHORITY (NDA)”.
REVENUE MEMORANDUM ORDER
RMO No. 10-2026
April 20, 2026
Amending pertinent provision of Revenue Memorandum Order (RMO) No. 14-2013 to include Office Code for the Office of the Deputy Commissioner, Strategic Reforms Group.
BANK BULLETIN
BB No. 2026-05
April 23- 2026
Extension of Deadline for Filing of Annual Income Tax Returns for Taxable Year Ending December 31, 2025.
Tax And Business Related News
BIR WEEKENDER BRIEFS
Volume No. 17, Issue No. 16 Week Ending April 24, 2026 – BIR Website
On April 20, officers from Regional Investigation Division and Legal Division of RR 9B-LaQueMar, under the leadership of Regional Director Corazon Balinas and OIC-Asst. RD Nasrollah Conding, filed a criminal complaint before the Office of the City Prosecutor of Calamba City against an RD 56-Central Laguna taxpayer for violation of Section 237(A), in relation to Sec. 264 of the National Internal Revenue Code, as amended.
Click the link below to read the full news from the source:
https://bir-cdn.bir.gov.ph/BIR/pdf/v17n16.pdf
BSP:PH’s march 2026 gross int’l reserves remain healthy
Philippine New Agency/ Anna Leah Gonzales / April 20, 2026 – Manila
The Bangko Sentral ng Pilipinas (BSP) said the country’s balance of payments (BOP) position recorded a deficit in March, but the gross international reserves (GIR) remain healthy.
Click the link below to read the full news from the source:
https://www.pna.gov.ph/articles/1273295
The fiscal quandary posed by waiving excise tax
Business World / Rosalie O. Abatayo /April 20, 2026
Congress has passed Republic Act No. 12316, allowing the President to suspend or reduce excise tax on petroleum products to help address the ongoing energy crisis.
Click the link below to read the full news from the source:
https://www.bworldonline.com/economy/2026/04/20/744269/the-fiscal-quandary-posed-by-waiving-excise-tax/
BOP deficit widens $ 2.64 billion in March
The Philippine Star / Keisha Ta- Asan / April 21, 2026 – Manila Philippines
The Philippines’ balance of payments (BOP) deficit widened in March, as persistent external pressures and higher import costs continued to weigh on the country’s external position.
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https://www.philstar.com/business/2026/04/21/2522358/bop-deficit-widens-264-billion-march
DOF chiefs urges US companies to invest in PH
Philippine News Agency / Anna Leah Gonzales / April 22, 2026 – Manila
Finance Secretary Frederick Go urged American firms to invest in the Philippines, highlighting its strong economic fundamentals and strategic advantages, during a recent Philippine Executive Forum in San Francisco.
Click the link below to read the full news from the source:
https://www.pna.gov.ph/articles/1273494
Structural reforms for long term progress
The Philippine Star / Joe Zaldarriaga / April 23, 2026
The Department of Trade and Industry (DTI) announced that grocery stores have agreed to hold off any price increase for basic commodities until May 10, offering consumers a measure of stability as the country navigates the local effects of global volatility linked to the Middle East crisis.
Click the link below to read the full news from the source:
https://www.philstar.com/business/2026/04/23/2522837/structural-reforms-long-term-progress
BSP hikes rate by quarter- point as Middle East conflict weighs
Manila Bulletin/ Derco Rosal / April 23, 2026
The Bangko Sentral ng Pilipinas (BSP) raised its benchmark interest rate to 4.5 percent on Thursday, April 23, a preemptive move intended to anchor inflation expectations as escalating Middle East tensions threaten to push domestic prices beyond the government’s target range.
Click the link below to read the full news from the source:
https://mb.com.ph/2026/04/23/bsp-hikes-rate-by-quarter-point-as-middle-east-conflict-weighs
Gov’t fiscal deficit shrinks to ₱356 billion on tax, dividend gain
Manila Bulletin / Derco Rosal / April 23, 2026
A double-digit growth in revenues, coupled with slower spending, allowed the Marcos administration to narrow the first-quarter fiscal hole by a fifth to ₱355.5 billion.
Click the link below to read the full news from the source:
https://mb.com.ph/2026/04/23/govt-fiscal-deficit-shrinks-to-356-billion-on-tax-dividend-gain
Your loans may get priced higher as BSP shifts strategy
Manila Bulletin / Derco Rosal / April 23, 2026
The Bangko Sentral ng Pilipinas (BSP) signaled a shift toward a tightening cycle, with the central bank chief indicating that the recent quarter-point increase in the benchmark borrowing rate is likely the first of several gradual moves to tame resurgent price pressures.
Click the link below to read the full news from the source:
https://mb.com.ph/2026/04/23/your-loans-may-get-priced-higher-as-bsp-shifts-strategy
Oil Prices: Diesel cuts seen at up to P10/ liter on April 28
Inquirer.Net / Lisbet K. Esmael / April 24, 2026 – Manila
Diesel prices at the pump are expected to continue falling on April 28, this time by as much as P10 per liter. This would be the third straight week of rollbacks in oil prices.
Click the link below to read the full news from the source:
https://business.inquirer.net/587023/oil-prices-diesel-cuts-seen-at-up-to-p10-liter-on-april-28
BSP prepared to do ‘whatever is necessary’ to curb inflation
The Manila Times / April 24, 2026- Manila Philippines
The Bangko Sentral ng Pilipinas (BSP) is prepared to do whatever necessary to contain inflation, its governor said on Friday, leaving the door wide open to more interest rate hikes after the bank delivered a 25-basis-point increase a day earlier.
Click the link below to read the full news from the source:
https://www.manilatimes.net/2026/04/24/business/bsp-prepared-to-do-whatever-is-necessary-to-curb-inflation/2327724
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