Philippine tax explainers, BIR updates, compliance notes, estate tax, VAT, and practical tax analysis for businesses and families.
BIR Revenue Memorandum Circular No. 47-2026 introduces streamlined rules for closing a business registration, with online filing, simplified documents, and faster treatment for qualifying micro taxpayers.
Before accepting a job, employees should look beyond salary. Employment contracts can shape status, restrictions, benefits, termination, and future career options.
For landlords, standard lease contracts can hide risk. A lease should manage disputes before they arise, not merely record rent and deposit terms.
A demand letter is not just a strongly worded request. In Philippine law, it can affect delay, damages, settlement leverage, and future enforcement.
Revenue Regulations No. 29-2025 updates the tax-free de minimis benefits that employees may receive and employers may use in compensation planning.
Jean Francois “Punch” Rivera III explains why reducing corruption in Philippine taxation requires less discretion, more withholding, and technology built into transactions.
Jean Francois D. Rivera III explains what borrowers should know when car amortizations become impossible to pay under Philippine law.
A practical guide by Jean Francois “Punch” Rivera III on tenant protections under the Philippine Rent Control Law.
Jean Francois “Punch” Rivera III explains how the Rent Control Law also protects landlords and property owners in the Philippines.
Jean Francois “Punch” Rivera III explains when online buyers can return items in the Philippines and when “no return, no exchange” policies may still apply.
A sensitive legal guide by Jean Francois “Punch” Rivera III on recognizing abuse, prioritizing safety, keeping records, and seeking protection orders.
Jean Francois “Punch” Rivera III explains what employees should know when facing possible termination under Philippine labor law.
Jean Francois “Punch” Rivera III explains constructive dismissal and when a resignation may legally be treated as a dismissal.
Jean Francois “Punch” Rivera III connects Philippine labor standards to dignity, humane working conditions, and a fair chance to live beyond work.
Jean Francois “Punch” Rivera III explains whether employees can resign despite training bonds, service agreements, or longer notice periods.
Jean Francois “Punch” Rivera III explains how employers can legally terminate employees in the Philippines without creating unnecessary labor-law exposure.
If you cannot pay your taxes in full, filing anyway, communicating early, and checking lawful relief options can keep the problem from becoming harder to fix.
A regular BIR audit does not automatically override bank secrecy. Taxpayers should know when bank deposits may be examined and how to respond to overbroad audit demands.
Fuel prices are driven by global markets, but Philippine VAT and excise tax add significant costs at the pump and can make consumers pay tax on a tax-inclusive base.
BIR regulations and circulars implement the law. When an issuance goes beyond the statute, affected taxpayers may challenge it through the proper court or administrative remedy.
Taxpayer Awareness Program under Revenue Memorandum Order No. 24-2020. Sourced from Inquirer.net. https://business.inquirer.net/575663/informed-compliance-matters
The Bureau of Internal Revenue has issued RR No. 10-2023, providing critical guidelines on the Estate Tax Amnesty Extension Act. The deadline to avail is June 14, 2025 — and there will be no further extensions.
In January 2025, the Philippine government introduced Revenue Regulations No. 3-2025 to implement changes under Republic Act No. 12023. These new rules apply the 12% VAT to digital services — reflecting global trends in digital economy taxation.
It has become increasingly common for businesses to receive Letters of Authority from Local Government Units. Given that these LOAs closely resemble those issued by the BIR, there is growing uncertainty about their legitimacy and implications.
Understanding the tax consequences and fair market value computation of shares not listed and traded in the stock exchange, under Revenue Regulations No. 20-2020.
For areas covered by community quarantine, you can now have your legal documents notarized remotely through videoconferencing under the Supreme Court's 2020 Interim Rules on Remote Notarization.
What to do when you can no longer pay your debts and your business is losing badly — a guide to the remedies available under the FRIA for financially distressed individuals and businesses.
Atty. Jean Francois Rivera III was one of the resource speakers at Jollibee Foods Corporation's 2018 Finance Summit, speaking on emerging trends in the accounting profession.