The Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) 24-2026 to clarify the application of RMC 5-2024 and 38-2024 on the tax treatment of cross-border services. At the ...
MUCH like other jurisdictions, the Philippines has long relied on tax incentives as a powerful lever to attract foreign investment. Reduced corporate income tax (CIT) rates, income tax holidays and ...
It is undeniable that we are currently living in a dynamic landscape of the digital era. The impact and significance of digitalization in our daily lives have become more apparent through the years.