RMC No. 94-2026: BIR issues additional guidelines on the utilization of PERA Tax Credit Certificates

Tax Notes

The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 94-2026 to provide additional guidelines on the utilization of Personal Equity and Retirement Account Tax Credit Certificates (PERA TCCs). The Circular addresses common questions relating to the processing, release, validity, application, and monitoring of PERA TCCs under Republic Act No. 9505, otherwise known as the Personal Equity and Retirement Account (PERA) Act of 2008.

3 min read | 04 Sep 2026

RMC No. 89-2026: Tax compliance deadlines extended for taxpayers in areas affected by southwest monsoon

Tax Notes

The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 89-2026 on 10 August 2026, extending the deadlines for the filing of tax returns, payment of taxes, and submission of required documents for taxpayers within the jurisdiction of Revenue District Offices (RDOs) affected by the continuing heavy rainfall caused by the southwest monsoon.

3 min read | 27 Aug 2026

Clarifications on One-Time Abatement Program for micro taxpayers

Tax Notes

The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 84-2026 to clarify provisions of Revenue Regulations (RR) No. 04-2026, which sets out the guidelines and procedures for the availment of the one-time abatement of taxes and/or penalties for micro taxpayers.

4 min read | 14 Aug 2026

Prescribing Guidelines and Procedures for the Availment of a One-Time Abatement of Taxes and Penalties for Micro Taxpayers under RR No. 4-2026

Tax Notes

The Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) No. 4-2026 to prescribe the guidelines and procedures for the availment of a one-time abatement of taxes and penalties for eligible micro taxpayers.

4 min read | 06 Aug 2026

SEC Extends Reduced Securities Registration Fees for MSMEs Until End of 2026

Tax Notes

Qualified micro, small, and medium enterprises (MSMEs) may continue to avail themselves of the 50% discount on securities registration fees following the issuance of SEC Memorandum Circular (MC) No. 19, Series of 2026.

2 min read | 29 Jul 2026

Availability of the BIR Electronic Tax Clearance System

Tax Notes

The Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) No. 76-2026 to announce the availability of the electronic tax clearance system (eTCS) for taxpayer-applicants registered across all revenue regions nationwide.

2 min read | 22 Jul 2026
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Sheena Marie Daño
Director, Tax Advisory & Compliance
Cebu  Office
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