Bureau of Internal Revenue Issuances
REVENUE MEMORANDUM CIRCULAR
RMC No. 86-2025
September 29, 2025
Circularizing Memorandum Circular No. 37, entitled “Directing the Urgent Implementation of the National Anti-Money Laundering, Counter-Terrorism Financing and Counter-Proliferation Financing Strategy 2023-2027, and Enjoining All Concerned Agencies to Fully Support and Actively Participate in the Conduct of Money Laundering/Terrorism Financing National Risk Assessment”.
RMC No. 87-2025
October 2, 2025
Circularizing the Memorandum dated September 2, 2025 from the Civil Service Commission re: Prohibition Against Gambling During Office Hours.
RMC No. 88-2025
October 2, 2025
Providing Extension of Deadlines for Filing, Payment of Taxes, and Submission of Documents Falling Due in October 2025 for Taxpayers Affected by the Recent Cebu Earthquake.
RMC No. 89-2025
October 3, 2025
Circularizing Memorandum Circular (MC) No. 96 dated September 19, 2025 of the Office of the President, Malacañang Palace.
REVENUE MEMORANDUM ORDER
RMO No. 41-2025
September 25, 2025
Amending Revenue Memorandum Order No. 33-2024 on the Modes of Disposition of Seized/Forfeited Articles.
TAX ADVISORY
Vape destruction activity rescheduled to October 7, 2025 is cancelled until further notice
Click the link below to read the full news from the source:
https://bir-cdn.bir.gov.ph/BIR/pdf/Advisory%2010-03-25.pdf
TAX LAW
REPUBLIC ACT No. 12214 – Capital Markets Efficiency Promotion Act (CMEPA)
BIR Website / signed May 29, 2025
AN ACT AMENDING SECTIONS 22, 24, 25, 27, 28, 32, 34, 38, 39, 42, 51, 52, 56, 57, 127, 149, 174, 176, 179, 190, 199, AND 258 OF REPUBLIC ACT NO. 8424, ОТHERWISE KNOWN AS THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, AND FOR OTHER PURPOSES
REPUBLIC ACT No. 12079 – A VAT Refund for Non- Resident Tourists
Official Gazette / December 9, 2024
AN ACT CREATING A VAT REFUND MECHANISM FOR NON-RESIDENT TOURISTS, ADDING A NEW SECTION 112-A TO THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, FOR THE PURPOSE
REPUBLIC ACT No. 12066 – CREATE MORE
Official Gazette / November 13, 2024
AN ACT AMENDING SECTIONS 27, 28, 32, 34, 57, 106, 108, 109, 112, 135, 237, 237-A, 269, 292, 293, 294, 295, 296, 297, 300, 301, 308, 309, 310, AND 311, AND ADDING NEW SECTIONS 135-A, 295-A, 296-A, AND 297-A OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, AND FOR OTHER PURPOSES.
REPUBLIC ACT No. 12023 – VAT on Digital Services
Official Gazette / October 2, 2024
AN ACT AMENDING SECTIONS 105, 108, 109, 110, 113, 114, 115, 128, 236, AND 288 AND ADDING NEW SECTIONS 108-A AND 108-B OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED
TAX AND BUSINESS RELATED NEWS
BIR WEEKENDER BRIEFS
Volume No. 16 Issue No. 40 Week ending October 3, 2025 – BIR Website
RDO conducted Surveillance Activies on September 26.
Click the link below to read the full news from the source:
https://bir-cdn.bir.gov.ph/BIR/pdf/v16n40.pdf
BIR WEEKENDER BRIEFS
Volume No. 16 Issue No. 39 Week ending September 26, 2025 – BIR Website
BIR district office seized illicit cigarettes during a joint operative with Police Regional Office IV in Barangay Poblacion, Antique on September 20.
Click the link below to read the full news from the source:
https://bir-cdn.bir.gov.ph/BIR/pdf/v16n39.pdf
BIR needs to be mobilized in anti-corruption effort — ACG
Business World / Justine Irish D. Tabile / September 28, 2025
THE Bureau of Internal Revenue (BIR) needs to be set loose against those involved in corrupt public works projects, the Asian Consulting Group (ACG) said.
Click the link below to read the full news from the source:
https://www.bworldonline.com/economy/2025/09/28/701407/bir-needs-to-be-mobilized-in-anti-corruption-effort-acg/
Key insights from the BIR’s revised APA draft regulations ‘Suits The C-Suite’
Business World / Reynante M. Marcelo / September 28, 2025
The Bureau of Internal Revenue (BIR) has released a revised draft of the Advance Pricing Agreement (APA) regulations, and understanding the nuances of this process becomes essential for businesses navigating the complexities of transfer pricing.
Click the link below to read the full news from the source:
https://www.bworldonline.com/economy/2025/09/28/701401/key-insights-from-the-birs-revised-apa-draft-regulations/
BIR gets bulk of DOF budget
The Philippine Star / Marco Luis Beech / September 28, 2025 – MANILA, Philippines
The Bureau of Internal Revenue will receive more than half of the Department of Finance (DOF)’s proposed P37.8 billion for 2026, underscoring its central role in generating the bulk of government revenues.
Click the link below to read the full news from the source:
https://www.philstar.com/business/2025/09/28/2475808/bir-gets-bulk-dof-budget
Tax breaks for the tobacco industry will be a blow to public health and revenue ‘Yellow Pad’
Business World / Pia Rodrigo / September 28, 2025
HB 11286 strengthens enforcement to mitigate illicit tobacco trade by establishing a comprehensive track and trace system, raising penalties on illicit tobacco trade, requiring registration of equipment and manufacturing-related items for tobacco and vape products, and creating an inter-agency body for strengthened enforcement. advocates are concerned over Section 7 of Rep. Miro Quimbo’s new bill, which was not present in HB 11286: a proposal to insert a section in the National Internal Revenue Code (NIRC) to allow tobacco/vape/HTP manufacturers, importers or sellers to claim losses directly attributable to illicit trade as deductible expenses under Section 34(D) of the NIRC.
Click the link below to read the full news from the source:
https://www.bworldonline.com/editors-picks/2025/09/29/701363/tax-breaks-for-the-tobacco-industry-will-be-a-blow-to-public-health-and-revenue/
PEZA AI Tech Academy due to launch in October
Business World / Jstine Irish D. Tabile / September 28, 2025
THE Philippine Economic Zone Authority (PEZA) said it hopes to launch an Artificial Intelligence (AI) Tech Academy in October to upskill the ecozone workforce.
Click the link below to read the full news from the source:
https://www.bworldonline.com/economy/2025/09/28/701406/peza-ai-tech-academy-due-to-launch-in-october/
SC: Domestic Market Enterprises Entitled to Zero-Rated VAT under CREATE Act
Supreme Court of the Philippines / September 29, 2025
The Supreme Court (SC) has clarified that domestic market enterprises can enjoy the zero-rated Value-Added Tax (VAT) incentive under Republic Act No. 11534, or the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act. The CREATE Act, passed in 2021, grants registered business enterprises (RBEs) VAT exemption on importation and VAT zero-rating on local purchases of goods and services that are directly and exclusively used in their registered project or activity. RBEs include both domestic market enterprises and registered export enterprises.
Click the link below to read the full news from the source:
https://sc.judiciary.gov.ph/sc-domestic-market-enterprises-entitled-to-zero-rated-vat-under-create-act/
BIR collects ₱2.8 billion from new digital service VAT levy
Manila Bulletin / Derco Rosal / September 29, 2025
Compliance is high among foreign digital giants, as the Bureau of Internal Revenue (BIR) reported strong initial collections from the value-added tax (VAT) on digital services.
Click the link below to read the full news from the source:
https://mb.com.ph/2025/09/29/bir-collects-28-billion-from-new-digital-service-vat-levy
VAT reduction to 10% ‘not doable’ without deep spending cuts
Manila Bulletin / Derco Rosal / September 29, 2025
Reducing the value-added tax (VAT) to 10 percent from the current 12 percent would erode the government’s fiscal consolidation, with total revenues .expected to decline by an average of ₱330 billion annually, or one percent of the country’s economic output.
Click the link below to read the full news from the source:
https://mb.com.ph/2025/09/29/vat-reduction-to-10-not-doable-without-deep-spending-cuts
PHL urged to sign double taxation agreement with Ireland
Business World / Kenneth Christiane L. Basilio / September 29, 2025
THE PHILIPPINES needs to pursue a double taxation agreement (DTA) with Ireland as a follow-up to its ongoing negotiations with Hong Kong and Singapore, a tax expert said.
Click the link below to read the full news from the source:
https://www.bworldonline.com/economy/2025/09/29/701816/phl-urged-to-sign-double-taxation-agreement-with-ireland/
Strategic convergence of ESG, APA, and transfer pricing ‘Let’s Talk Tax’
Business World / Sheena Marie D. Daño/ September 29, 2025
As global tax regimes increasingly prioritize transparent reporting, responsible governance, and sustainable development, the convergence of Environmental, Social, and Governance (ESG) principles, sustainability goals, and Advance Pricing Agreements (APA) within transfer pricing (TP) frameworks is emerging as a strategic imperative. What may initially appear as three distinct areas, ESG, APA, and TP, are in fact deeply interconnected.
Click the link below to read the full news from the source:
https://www.bworldonline.com/economy/2025/09/29/701813/strategic-convergence-of-esg-apa-and-transfer-pricing/
PH nets nearly P3-B digital VAT from tech companies
Philippine Daily Inquirer / September 30, 2025 – MANILA, Philippines
The government has collected nearly P3 billion so far from technology firms under a 12 percent value-added tax (VAT) on digital services, capturing revenues that had long proved elusive amid the rapid growth of the online economy.
Click the link below to read the full news from the source:
https://business.inquirer.net/549657/ph-nets-nearly-p3-b-digital-vat-from-tech-companies
BIR to file raps vs ‘flood control’ personalities for tax evasion
Inquirer.net / Mary Joy Salcedo / September 30, 2025 – MANILA, Philippines
The Bureau of Internal Revenue (BIR) will file criminal complaints against public officials and contractors allegedly involved in flood control anomalies who are found to have committed tax violations.
Click the link below to read the full news from the source:
https://newsinfo.inquirer.net/2117594/bir-to-file-criminal-cases-vs-flood-control-personalities-that-evaded-taxes
House bill seeks to raise taxes on sweet beverages
Business World / Kenneth Christiane L. Basilio / September 30, 2025
House Bill No. 5003 proposes to raise the excise tax on drinks sweetened using caloric or noncaloric sweeteners to P20 per liter from the current P6, and to charge P40 per liter from P12 for beverages containing high fructose corn syrup.
Click the link below to read the full news from the source:
https://www.bworldonline.com/economy/2025/09/30/702042/house-bill-seeks-to-raise-taxes-on-sweet-beverages/#google_vignette
Gov’t lacked authority to deny VAT zero-rating to DMEs — SC
Business World / Erika Mae P. Sinaking / September 30, 2025
THE Supreme Court (SC) said domestic market enterprises (DMEs) registered under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act are entitled to Value-Added Tax (VAT) zero-rating on local purchases. In an en banc decision made public on Sept. 29 and written by Associate Justice Mario V. Lopez, who has since retired, the SC struck down Rule 18, Section 5 of the CREATE Act IRR and BIR issuances — including Revenue Regulations No. 21-2022 and Revenue Memorandum Circulars No. 24-2022 and 49-2022 — which had limited VAT incentives to registered export enterprises (REEs).
Click the link below to read the full news from the source:
https://www.bworldonline.com/economy/2025/09/30/702046/govt-lacked-authority-to-deny-vat-zero-rating-to-dmes-sc/
SC Highlights Digital Transformation and AI Integration at 2025 Sejong International Judicial Conference
Supreme Court of The Philippines / September 30, 2025
The Supreme Court (SC) of the Philippines, represented by Associate Justices Amy C. Lazaro-Javier and Jose Midas P. Marquez, participated in the 2025 Sejong International Judicial Conference (Conference) held on September 22-23, 2025, at the Shilla Hotel, Seoul, South Korea. Speaking on behalf of Chief Justice Alexander G. Gesmundo, Justice Marquez delivered a lecture on the role of artificial intelligence (AI) in enhancing efficiency and access to justice under the SC’s Strategic Plan for Judicial Innovations 2022–2027 (SPJI).
Click the link below to read the full news from the source:
https://sc.judiciary.gov.ph/sc-highlights-digital-transformation-and-ai-integration-at-2025-sejong-international-judicial-conference/
LEDAC identifies 44 priority bills, including general tax amnesty and amendments to bank secrecy law
Business World / Chloe Mari A. Hufana / October 1, 2025
President Ferdinand R. Marcos, Jr. and Congress leaders identified 44 priority bills under the Common Legislative Agenda of the 20th Congress, including a general tax amnesty, excise tax on single-use plastics, as well as amendments to the Bank Deposit Secrecy law and Anti-Money Laundering Act.
Click the link below to read the full news from the source:
https://www.bworldonline.com/editors-picks/2025/10/01/702145/ledac-identifies-44-priority-bills-including-general-tax-amnesty-and-amendments-to-bank-secrecy-law/
2 BIR employees in Taguig City arrested for ‘direct bribery’
Manila Bulletin / Jeffrey Damicog / October 1, 2025
Two employees of the Bureau of Internal Revenue (BIR) have been arrested in Taguig City for asking P600,000 in exchange for a lower tax assessment, the National Bureau of Investigation (NBI) said on Wednesday, Oct. 1.
Click the link below to read the full news from the source:
https://mb.com.ph/2025/10/01/2-bir-employees-in-taguig-city-arrested-for-direct-bribery
MySSS Card launched
Business World / Aaron Michael C. Sy / October 1, 2025
THE SOCIAL Security System (SSS) has launched the MySSS Card, giving members a digital banking tool and replacing the Unified Multi-Purpose Identification (UMID) card.
Click the link below to read the full news from the source:
https://www.bworldonline.com/the-nation/2025/10/01/702367/mysss-card-launched/
Download File:
