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 ...

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

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

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 General Information Sheet (GIS) is one of the most important annual reportorial requirements for ...

Executive SummaryAs businesses prepare for the Philippines’ electronic invoicing transition, one BIR requirement deserves particular attention: the Permit to Issue Electronic Invoice, commonly ...

What Does the Law Actually Require?The 20% senior citizen discount is among the most familiar consumer protections in ...

Executive SummaryAs Philippine businesses prepare for BIR electronic invoicing, two similar-looking terms can create ...

Executive SummaryA company may use more than one system to issue invoices. One branch may use a POS system, another may use an ERP, while online transactions may pass through a separate invoicing ...