During a sale of goods or services, a buyer and a seller enter into an agreement to transact business and complete a financial transaction. The agreement can be verbal or written, and the terms of the ...

Have you been audited by the BIR and your claimed expense was disallowed for improper or inadequate substantiation? Have you applied for a tax refund, and were denied due to an erroneous invoice or ...

THE Bureau of Internal Revenue (BIR) said it will allow businesses to issue temporary receipts or invoices during the lockdown period. In Revenue Memorandum Circular No. 47-2020 issued May 6 and ...

MANILA, Philippines - The Bureau of Internal Revenue (BIR) has extended the deadline for private businesses to issue new receipts and invoices. In a text message to The STAR, BIR Commissioner Kim ...