PROPOSED REVENUE ISSUANCES

Subject Matter: Proposed Revenue Regulations on the taxation of telecommunications transactions . Full Text
Send Comments To: nelson.aspe@bir.gov.ph

Subject Matter: Proposed Revenue Regulations prescribing certain attachments to returns filed by income recipient-payee for purposes of claiming or applying creditable tax withheld at source through the Summary Alphalist of Withholding Taxes and by withholding agents-payor on income payments subjected to withholding taxes through the Monthly Summary of Withholding Taxes and other issues relative thereto. Full Text Annex A-B
Send Comments To: marivic.galban@bir.gov.ph

Subject Matter: Proposed Revenue Regulations providing for the submission of alphalist of payees from whom VAT and Percentage Taxes were withheld and prescribing the appropriate formats and remittance returns. Full Text
Send Comments To: marivic.galban@bir.gov.ph

Subject Matter: Proposed Revenue Memorandum Circular clarifying certain issues on the additional transactions subject to Creditable Withholding Tax. Full Text
Send Comments To: marivic.galban@bir.gov.ph

Subject Matter: Proposed Revenue Regulations relative to the tax incentives granted to all businesses and enterprises within the Subic, Clark, John Hay, Poro Point Special Economic Zones and other Special Economic Zones under the PEZA. Full Text
Send Comments To: milagros.regalado@bir.gov.ph

Subject Matter: Proposed Revenue Regulation to govern the tax treatment of certain transaction made through an electronic data message or electronic document. Full Text
Send Comments To: shirley.fellone@bir.gov.ph

Subject Matter: Proposed Revenue Regulations implementing the provisions of Republic Act No. 9238 excluding several services from the coverage of Value-Added Tax and re-imposing the Gross Receipts Tax on banks and non-bank financial intermediaries performing quasi-banking functions and other non-bank financial intermediaries. Full Text | RA 9238
Send Comments To: kim.jacinto.henares@bir.gov.ph

Subject Matter: Proposed Revenue Regulations implementing the provisions of Republic Act No. 9243 entitled "An Act Rationalizing the Provisions on the Documentary Stamp Tax of the National Internal Revenue Code of 1997"Full Text | RA 9243
Send Comments To: kim.jacinto.henares@bir.gov.ph

Subject Matter: Proposed Revenue Regulations amending further pertinent provisions of RR Nos. 7-95 and 8-2002 relative to transactions exempt from VAT and the provision on the submission of Quarterly Summary List of Sales and Purchases. Full Text
Send Comments To:eufrocina.casasola@bir.gov.ph

Subject Matter: Proposed Revenue Regulations prescribing the guidelines on the deductibility of goods forming part of the taxpayer's inventory or assets which have been declared as wastes or obsolete due to spoilage, deterioration, obsolescence, expiration or other causes rendering the goods unfit for sale or for production. Full Text | Annex "A" | Annex "A-1" | Annex "B"
Send Comments To: nelson.aspe@bir.gov.ph

Subject Matter: Proposed Revenue Regulations imposing guidelines on the payment of Income, Value-Added and Percentage Taxes on income from shows and other performances staged by local and/or foreign performers. Full Text
Send Comments To:marissa.cabreros@bir.gov.ph

Subject Matter: Proposed Revenue Regulations amending further pertinent provisions relative to the imposition of Final Withholding Tax on the sale, exchange or other disposition of real property classified as capital assets by non-resident aliens, increasing the withholding tax rates on certain income payments, inclusion of certain income payments, sanctions to be imposed on payees who refuse the withholding of tax on their income/receipts, and for other purposes. Full Text
Send Comments To: marivic.galban@bir.gov.ph or nick.regalado@bir.gov.ph

Subject Matter: Proposed Revenue Regulations governing the imposition of Excise Tax on non-essential goods. Full Text
Send Comments To: elvira.vera@bir.gov.ph