Revenue Memorandum Order No. 55-2022, issued on December 15, 2022, states that all field audit and other field operations of the BIR are hereby suspended for the period of December…
August 3, 2022 REVENUE MEMORANDUM CIRCULAR NO. 115-2022 issued on July 28, 2022 lifts the suspension on the issuance of Mission Orders insofar as authorizing Revenue Officers to conduct Tax…
July 1, 2022 REVENUE REGULATIONS NO. 6-2022 issued on June 30, removes the five-year validity period on receipts/invoices. The phrase "THIS INVOICE/RECEIPT SHALL BE VALID FOR FIVE (5) YEARS FROM…
All corporations are required to submit their annual reportorial requirements online hrough eFAST. Hard copies of reports submitted through eFASTwill no longer be required. All corporations, including branch offices, representative…
On this day three years ago, 23 February 2019, Republic Act No. 11232, otherwise known as the Revised Corporation Code of the Philippines, came into effect. The Revised Corporation Code…
Pursuant to Executive Order (EO) No. 98, series of 1998, persons whether natural or juridical, dealing with all government agencies and instrumentalities, including Government-Owned and/or Controlled Corporations (GOCCs), and all…
TAX & BUSINESS UPDATES OF PHILIPPINE CONSULTING CENTER INC. Bureau of Internal Revenues Latest Issuances Filing of Various Returns and Payment Revenue Memoradum Circular No. 79-2020 All concerned taxpayers duly registered…
How many may still recall the Enron accounting scandal and how it precipitated the significant changes in the accounting and auditing landscape. As a consequence of the incident that had…