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 SummaryThe Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) No. 112-2026, clarifying ...

Generally, a company should not be subjected to multiple regular tax audits covering the same taxable year. However, certain exceptions are allowed under Philippine tax laws. Section 235 of the ...

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 ...

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

Executive SummaryBusinesses preparing for BIR electronic invoicing should not wait until the day they plan to issue their ...

Executive SummaryA business contract should do more than record a deal. It should clearly explain who must do what, when payment is due, what happens if something goes wrong, and how disputes will be ...

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