Category: Guidelines

The One Person Corporation (OPC) and Sole Proprietorship may sound similar but they have unique provisions, exceptions, and structure that only applies to each one. Below you’ll find a table

Post Clearance Audit Within three (3) years from the date of final payment of duties and taxes or customs clearance, the Bureau of Customs, through Post Clearance Audit Group (PCAG),

With the newly prescribed criteria in identifying the Top Withholding Agents (TWA) of each Revenue District Office (RDO) under Revenue Regulations (RR) No. 31-2020, Circular 88-2021 is issued to circularize

Due to the declaration of ECQ and MECQ in NCR and other areas of the country, the BIR has issued Revenue Memorandum Circular (RMC) No. 92-2021 which extends the deadline

One of the changes brought by the Tax Reform for Acceleration and Inclusion (TRAIN) Act is the amendment to National Internal Revenue Code (NIRC) Section 114(C) on the treatment for

New SSS Contributions Table effective January 2021. In pursuant to Republic Act No. 11199 or the Social Security Act of 2018, SSS contribution was increased to 13%, a 1% increase