Manila, Philippines — The Bureau of Internal Revenue (BIR) on Friday piloted electronic invoicing and issuance of e-receipts among a select group of 100 big corporations, e-commerce firms, as well as ...
With the enactment of Republic Act (RA) 11976 otherwise known as the Ease of Paying Taxes Act (EOPT Law), amendments to registration procedures and invoicing requirements are now being implemented – ...
PAPER receipts and manual ledgers have long been staples of Philippine commerce, but a new regulation is rapidly pushing these toward obsolescence. The Bureau of Internal Revenue’s (BIR) Revenue ...
The pressing questions now are where do we stand today and what actions must businesses take to fully capture the benefits of this transition? The Philippines first introduced e-invoicing and the ...
Initially established in Japan, Multibook is a provider of Enterprise Resource Planning (ERP) systems and outsourced services, offering smart software and back-office support for global businesses.
The Bureau of Internal Revenue (BIR), under the leadership of Commissioner Romeo D. Lumagui, Jr., has issued Revenue Regulations (RR) No. 12-2023 to define the tax compliance requirements of small ...
The Bureau of Internal Revenue through Revenue Regulations (RR) 7-2024 established the new invoicing requirements to implement the amendments introduced in the EOPT Law With the enactment of Republic ...