In consideration of the upcoming implementation of Enhanced Community Quarantine (ECQ) and Modified Enhanced Community Quarantine (MECQ) in the National Capital Region (NCR) and several provinces in the Philippines due to the incessantly rising cases of Delta variant, the Bureau of Internal Revenue (BIR) has released a memorandum notifying concerned taxpayers about its decision to…
On April 30, 2021, the Bureau of Internal Revenue (BIR) released Revenue Memorandum Circular No. 64-2021. The BIR released this RMC to promote tax compliance among Filipino taxpayers, making sure that they will be able to conveniently e-File and e-Pay with their chosen Tax Software Provider (TSP). As the very first TSP to be certified…
Learn more about MFA and how it keeps your credentials and your data safe. Follow the easy tips below to establish a secure account and keep your online life more protected. What is Multi-Factor Authentication (MFA)? Multi-Factor Authentication (MFA) is an online authentication method wherein the user is required to confirm their identity using two…
RA 11534, or the Corporate Recovery and Tax Incentives for Enterprises Act, better known as the C.R.E.A.T.E. Law was signed on March 26, 2021. Issued primarily to help ease the burden on corporate taxpayers during the current pandemic, C.R.E.A.T.E. affects how tax calculations are to be carried out going forward—including the calculation of percentage tax.…
On April 8, 2021, the Bureau of Internal Revenue (BIR) released Revenue Regulation 5-2021 What is the C.R.E.A.T.E. Law On March 26, 2021, a new bill was signed by President Duterte, known as the Corporate Recovery and Tax Incentives for Enterprises (C.R.E.A.T.E.), which is now Republic Act No. 11534. With the new law in force,…
