Due to the clamor of some taxpayers, the Bureau of Internal Revenue (BIR) extended the validity of receipts and invoices, doing away with the five-year validity period. Based on Revenue Regulations No ...
The emergence of various digital platforms has contributed to the increase in the number of SMEs in recent years. Budding entrepreneurs may feel overwhelmed by the numerous regulatory and tax ...
The Philippine tax system is mostly driven by supporting documents. The deductibility of allowable expenses and claiming of input value-added tax (VAT) rely heavily on valid official receipts and ...
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