A VAT refund claim can be won or lost before the Court of Tax Appeals ever reaches the substance of the taxpayer’s entitlement. For many businesses, especially exporters, power companies, zero-rated ...

Executive SummaryA BIR tax audit can move faster and more smoothly when your records are complete, organized, and easy to explain. Under the BIR’s current audit framework, taxpayers may be asked to ...

Executive SummaryCan the Bureau of Internal Revenue (BIR) audit your business for taxes from five or even ten years ago?The ...

Executive SummaryReceiving a tax audit notice from the Bureau of Internal Revenue (BIR) can be stressful for business owners.

Executive SummaryReceiving a notice from the Bureau of Internal Revenue (BIR) can raise many questions for business owners. Does it mean the company owes additional taxes? What documents must be ...

Executive SummaryReceiving a Notice of Discrepancy (NOD) from the Bureau of Internal Revenue (BIR) can be worrying, especially when the notice identifies possible differences in your company's tax ...

Executive SummaryReceiving a Letter of Authority (LOA) from the Bureau of Internal Revenue (BIR) can be concerning for any ...

The Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) No. 112-2026, clarifying how businesses should present Creditable Withholding Tax (CWT) in their sales invoices. The ...

Executive SummaryWhen the Bureau of Internal Revenue (BIR) conducts a tax audit, business owners may be required to present ...

Executive SummaryThe Securities and Exchange Commission (SEC) and the Supreme Court of the Philippines have introduced a ...