Bureau of Internal Revenue Issuances
REVENUE MEMORANDUM CIRCULAR
RMC No. 61-2026
June 9, 2026
Circularizing Memorandum Circular No. 117 dated March 31, 2026 issued by the Office of the President, relative to the playing of the Official Music Videos of Lupang Hinirang and the ASEAN 2026 Theme Song “One Vision, One Ocean”
RMC No. 62-2026
June 09, 2026
Providing Extension of the Deadlines for the Filing of Tax Returns and Payment of the Corresponding Taxes Due Thereon, Including Submission of Required Documents for Taxpayers Affected by the Recent Earthquake in Revenue Region No. 18 – South Central Mindanao
RMC No. 63-2026
June 9, 2026
Publishing the Full Text of NCSC Public Advisory No. 1, Series of 2026 dated May 18, 2026 signed by the Chairperson and Chief Executive Officer of National Commission of Senior Citizens Re: Acceptance of the Digital National Senior Citizen ID as Valid Proof of Identity in all Transactions”
REVENUE MEMORANDUM ORDER
REVENUE DELEGATION AUTHORITY ORDER
RDAO No. 28-2026
June 08, 2026
Designates the OIC-Head Revenue Executive Assistant of Finance Service as Officer-in-Charge in view of the approved leave of absence of the Finance Service Assistant Commissioner
RDAO No. 29-2026
June 09, 2026
Authorizes the Deputy Commissioner of the Operations Group to sign and approve the documents specified in the Order submitted by Non-Large Taxpayers Disposition Committees
Other Government Regulatory news
NOTICE
April 14, 2026
The Securities and Exchange Commission (SEC), through a Notice dated April 14, 2026, has officially extended the deadlines for the submission of AFS and other required reports. This extension aligns with the Bureau of Internal Revenue’s (BIR) issuance of Revenue Memorandum Circular No. 30-2026, which moved the deadline for filing the 2025 Annual Income Tax Returns (AITR) to May 15, 2026.
Click the link below to read the full news from the source:
PHILIPPINE ECONOMIC ZONE AUTHORITY
MEMORANDUM CIRCULAR NO. 2026- 027
April 20, 2026
The Fiscal Incentives Review Board (FIRB) has issued Advisory No. 007-2026 extending the deadlines for submitting the Annual Tax Incentives Report (ATIR) and Annual Benefits Report (ABR) for Taxable Year 2025. For registered business enterprises (RBEs) using a calendar-year accounting period, the deadline for filing both ATIR and ABR is moved from May 15, 2026 to June 15, 2026. RBEs following a fiscal-year accounting period are likewise given until June 15, 2026 to submit the Employment and Compensation Data under the ABR. The extension aligns with the adjusted income tax return filing deadline following the declaration of a national energy emergency.
Click the link below to read the full news from the source:
https://www.peza.gov.ph/sites/default/files/memorandum_circular_no._2026-027.pdf
Tax And Business Related News
BancNet eyes future-ready network
The Philippine Star / Keisha Ta-Asan / June 07, 2026 – Manila
BancNet is gearing up for cross-border interoperability, mobile-based payment capabilities and wider platform connectivity as it prepares for sustained growth in digital commerce and financial inclusion after transaction volumes more than doubled last year.
Click the link below to read the full news from the source:
https://www.philstar.com/business/2026/06/07/2533282/bancnet-eyes-future-ready-network
The BIR taxpayer portal initiative
Business World / Jane Krisha R. Cabahug / June 08, 2026
Difficulty in tracking filing and payment status, delayed or missing notifications, and repeated data entry across systems remain common experiences for taxpayers using the Bureau of Internal Revenue’s (BIR) existing platforms
Click the link below to read the full news from the source:
https://bworldonline.com/economy/2026/06/08/755383/the-bir-taxpayer-portal-initiative/
Philippine bank fees way too high compared to neighbors—IMF
Business World / Derco Rosal / June 08, 2026
The International Monetary Fund (IMF) warned that the Philippines’ fragmented financial infrastructure has left consumers facing retail transaction fees that outpace its regional peers, highlighting the urgency of local digital currency initiatives.
Click the link below to read the full news from the source:
https://mb.com.ph/2026/06/08/philippine-bank-fees-way-too-high-compared-to-neighborsimf
BIR extends tax deadlines in quake affected areas in Mindanao
Philippine News Agency / Anna Leah Gonzales / June 09, 2026 – Manila
The Bureau of Internal Revenue (BIR) has extended the deadlines for tax filing, payment and document submission in earthquake-hit General Santos City, Sarangani and South Cotabato.
Click the link below to read the full news from the source:
https://www.pna.gov.ph/articles/1276926
Philippines to begin automatic crypto tax data exchanges in 2028—OECD
Manila Bulletin / Derco Rosal / June 09, 2026
Starting in 2028, the Philippines will automatically exchange information on crypto-asset transactions annually with foreign tax authorities, according to the Paris-based Organization for Economic Cooperation and Development (OECD).
Click the link below to read the full news from the source:
https://mb.com.ph/2026/06/09/philippines-to-begin-automatic-crypto-tax-data-exchanges-in-2028oecd
SEC draft rules set new capital requirements for online lenders
Business World / Alexandria Grace C. Magno / June 11, 2026
THE SECURITIES and Exchange Commission (SEC) is asking for more public feedback for its latest draft guidelines for online lending firms that seek to lift a 2021 registration moratorium and tighten regulatory requirements for these companies.
Click the link below to read the full news from the source:
https://bworldonline.com/banking-finance/2026/06/11/755799/sec-draft-rules-set-new-capital-requirements-for-online-lenders/
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