Month: April 2026

COURT OF TAX APPEALS DECISIONS

IN CWT REFUND, TAXPAYER MUST TRACE IN DETAIL THE INCOME PAYMENT SUBJECT TO CWT TO THE BOOKS; ICPA REPORT IS NOT CONCLUSIVE. A taxpayer claiming a refund or issuance of a tax credit certificate for unutilized creditable withholding taxes (CWTs) must prove that the income payments from which the taxes were withheld were duly declared as part of the taxpayer’s gross income in its Annual Income Tax Return, and that such income can be properly traced and verified through the taxpayer’s books of accounts and supporting records; mere certification or conclusory findings of the Independent Certified Public Accountant (ICPA) are insufficient, as the Court is not bound by the findings of an ICPA and may require corroborative documentary evidence such as general ledgers or itemized revenue records to substantiate the linkage between BIR Form No. 2307 and reported income. In this case, the taxpayer failed to sufficiently demonstrate, through competent and traceable evidence, that the income payments subject of the claimed CWTs were included in its gross income, as the CPA’s report lacked detailed tracing to the general ledger or itemized verification of sales composition, and the Court found no adequate documentary basis to confirm the alleged inclusion in the Annual ITR; thus, the taxpayer failed to discharge its burden of proof, rendering its claim for refund untenable [(Sony Philippines, Incorporated vs. Commissioner of Internal Revenue, CTA Case No. 10917, October 24, 2025; see also Ford Group Philippines, Inc. v. CIR, CTA Case No. 11128, October 1, 2025; see also CIR v. Novabalaja JV Corp, CTA EB No. 2952, CTA Case No. 10287, October 10, 2025)]

IN REFUND OF EXCISE TAX ON IMPORTED JET A-1 FUEL, REFUND MAY BE PARTIALLY DENIED IF THE AUTHORITY TO OPERATE INTERNATIONAL FLIGHTS AND FOREIGN AIR CARRIER’S PERMIT OF INTERNATIONAL CARRIERS IS EXPIRED/ABSENT. A taxpayer may recover excise taxes erroneously or illegally collected, provided it proves among other that the petroleum products were stored in bonded storage, sold to qualified international air carriers duly authorized to operate international flights, and used or consumed outside the Philippines. In this case, the taxpayer successfully established that it directly imported Jet A-1 fuel, paid excise taxes thereon, and subsequently sold the same to international air carriers for use outside the Philippines, supported by importation documents, customs records, withdrawal certificates, et. al.; however, the Court disallowed a portion of the claim corresponding to international carried whose authority to operate international flights had expired and without valid foreign air carrier’s permit. Accordingly, the Court granted a partial refund of excise taxes (Pilipinas Shell Petroleum Corporation vs. Commissioner of Internal Revenue, CTA Case No. 10966, August 12, 2025).

CAPITAL GAINS DERIVED BY A NON-RESIDENT FOREIGN CORPORATION FROM THE SALE OF SHARES OF STOCK IN A DOMESTIC CORPORATION NOT TRADED IN THE STOCK EXCHANGE MAY BE EXEMPT FROM PHILIPPINE TAXATION TO THE EXTENT REQUIRED BY A BINDING INTERNATIONAL TAX TREATY. Here, the claimant, a Netherlands tax resident, established through documentary evidence including a Certificate of Residence issued by the Dutch tax authority and SEC certification of non-registration in the Philippines, that it sold shares of stock in a domestic corporation and paid capital gains tax; however, under Philippines–Netherlands Tax Treaty, gains from the alienation of property other than immovable property, business property of a permanent establishment are taxable only in the state of residence, which in this case is the Netherlands, thereby allocating exclusive taxing rights to the Netherlands and exempting such gains from Philippine capital gains tax. Since the sufficiently proved its treaty residence status and ownership and sale of the shares, and, the Court held that the capital gains tax paid in the Philippines was erroneously collected and must be refunded. Health Products and Services B.V. vs. Commissioner of Internal Revenue, CTA Case No. 10968, July 28, 2025). Dissenting opinion:

PETITION FILED ON THE DATE OF DEADLINE VIA LBC AND RECEIVED BY THE COURT ONLY AFTER 2 DAYS IS DISMISSED FOR FILING OUT OF TIME; SEE DISSENTING OPINION. A petition for review of a denial of a motion for reconsideration must be filed within fifteen (15) days from receipt of the assailed resolution, and initiatory pleadings must be filed personally or by registered mail (or with express court permission via electronic filing), such that filing through an unauthorized mode is treated as filing by ordinary mail and deemed filed only upon actual receipt by the Court. Here, the taxpayer filed the petition the granted extended date or July 24, but the court received it only on July 26 as the petition was filed via LBC courier service. Thus, the petition is considered filed out of time since  the mode of filing is not allowed for initiatory pleadings. The Court further found no compelling reason to relax the rules, especially since the appealed decision had already been correctly resolved at the division level and no injustice or exceptional circumstance was shown to justify liberal construction. Dissenting Opinion: procedural rules are not absolute and may be relaxed in the higher interest of substantial justice, especially where no prejudice is shown and strict application would result in a miscarriage of justice. [(Carmen Copper Corporation v. Commissioner of Internal Revenue, CTA EB No. 2779 (CTA Case No. 10074), October 27, 2025; see also CIR v. Halliburton Worldwide Limited – Philippine Branch, October 14, 2025)]

A LETTER-DENIAL OF REFUND BY THE REVENUE DISTRICT OFFICE IS NOT APPEALABLE TO THE CTA. The CTA has jurisdiction only over decisions or inactions of the Commissioner of Internal Revenue or duly authorized official (such as a Regional Director), and a VAT refund claim may be appealed to the CTA only if there is a proper, appealable denial issued in accordance with the prescribed authority and procedure. In this case, the Court found that the petition was improperly elevated because it was anchored on a BIR letter issued by Revenue District Office (not by the Regional Director), which merely informed petitioner of the denial of its VAT refund claim and was not shown to be an appealable decision of the CIR or a duly authorized approving official; thus, the Petition for Review was dismissed for lack of jurisdiction. [Sankyu-ATS Consortium B v. Commissioner of Internal Revenue, CTA EB No. 2840 (CTA Case No. 10471), July 31, 2025]

ALKYLATE IS NOT SUBJECT TO EXCISE TAX. This is because alkylate is not expressly covered as a taxable product, is not a product of distillation but of alkylation, and cannot be classified under “other similar products of distillation” under the principle of ejusdem generis, applying the rule that taxes must be strictly construed against the government and may not be imposed without clear statutory basis. Applying this doctrine, the Court En Banc ruled that the Commissioner of Internal Revenue’s imposition of excise tax on the importation of alkylate was erroneous and illegal, and that taxpayer was entitled to a refund [(Commissioner of Internal Revenue v. Petron Corporation, CTA EB No. 2894, CTA Case No. 9947, August 1, 2025)]

IN INPUT VAT REFUND CASES, ONLY DECISION OF THE CIR IS APPEALABLE TO THE CTA; “DEEMED DENIED” MECHANISM IS REMOVED UNDER THE TRAIN LAW; SEE DISSENTING OPINION. Statutory construction principles dictate that the deliberate deletion of language is presumed to reflect legislative intent, such that courts must give effect to the removal of the “deemed denied” mechanism previously allowing taxpayers to appeal CIR inaction, and under the doctrine that clear legislative omission cannot be judicially restored, a judicial claim for VAT refund may be filed only within 30 days from receipt of an actual denial and not from the lapse of the 90-day period. Applying this, the Court En Banc held that TRAIN intentionally removed any remedy based on CIR inaction, as shown by both textual amendment and legislative deliberations, leaving taxpayers with only one mode of appeal within 30 days from receipt of the CIR’s decision; thus rendering inaction non-appealable to the CTA. In other words, the taxpayer has no right to appeal to the CTA the inaction of the CIR after 90 days (only partial or full denial may be appealed). Dissenting Opinion: Deemed denial clause remains as the CTA rules expressly grant CTA jurisdiction over CIR inaction; removal of deemed denial provision would lead to absurd result where the taxpayer will be waiting indefinitely for the CIR’s action [Citco International Support Services Limited-Philippine ROHQ v CIR, CTA EB No. 2900 (CTA Case No. 10258), August 7, 2025; see also MD Rio Visa Agri-Ventures, Inc. v. CIR, CTA EB No. 2903, CTA Case No. 1124]

IN CWT REFUND, FAILURE TO SUBMIT ALL LISTED DOCUMENTS IN BIR-LEVEL IS NOT FATAL; CTA MAY CONSIDER ADDITIONAL EVIDENCE. The Court held that non-compliance with documentary requirements of the BIR does not automatically warrant denial of a tax refund claim, as these issuances merely serve as internal guidelines and do not impose mandatory conditions for entitlement; jurisprudence  confirms that failure to submit all listed documents is not fatal, especially absent notice from the BIR, and that cases before the CTA are litigated de novo, allowing consideration of additional evidence; further, CWT certificates constitute prima facie proof of withholding and remittance, and actual remittance need not be proven by the taxpayer since such duty lies with the withholding agent. The Court found that the taxpayer sufficiently substantiated its claim despite alleged documentary deficiencies, as the CIR failed to notify it of any missing documents, and the evidence presented, including financial records and independent CPA tracing, adequately established that the income related to the claimed CWTs was reported in its ITR; moreover, the CWT certificates were deemed sufficient proof of withholding without need to show actual remittance [(CIR v. Panay Power Corporation, CTA EB No. 2911 (CTA Case No. 10499), Decision dated September 30, 2025; see also CIR v. Global Business Power Corporation, CTA EB No. 2965, CTA Case No. 10500, October 10, 2025)]

INCOME PAYMENT TO BSP IS NOT SUBJECT TO WITHHOLDING TAX. Income payments made to the national government and its instrumentalities including government agencies vested with corporate powers but not organized as stock or non-stock corporations are exempt from creditable withholding tax; jurisprudence recognize Bangko Sentral ng Pilipinas (BSP) as a government instrumentality. Applying these principles, the Court En Banc held that is exempt from creditable withholding tax, such that the imposition of surcharge, interest, and compromise penalty for alleged late payment of expanded withholding tax was unwarranted; and even assuming the transaction was taxable, the obligation to withhold rests on the income payor and not BSP as payee. Finding that BSP sufficiently substantiated its refund claim, the Court affirmed the grant of refund [Commissioner of Internal Revenue v. Bangko Sentral ng Pilipinas, CTA EB No. 2944 (CTA Case No. 10278), September 8, 2025]

A WITNESS MUST HAVE PERSONAL KNOWLEDGE OF THE PREPARATION OF DOCUMENTS. The franchise tax paid by the grantee is in lieu of all other taxes, duties, and charges, including import duties and taxes on commissary and catering supplies, provided that (i) the imported articles are used in the grantee’s transport-related operations and (ii) such items are not locally available in reasonable quantity, quality, or price, with the taxpayer bearing the burden of strictly proving compliance as tax exemptions and refunds are construed strictly against the claimant. Applying these principles, the Court En Banc held that petitioner’s claim for refund was anchored on the alleged exemption of imported alcohol and commissary supplies, but it failed to discharge its burden of proving that such items were not locally available because the evidence presented, consisting of price lists from only a limited number of suppliers and a comparative table, was not given probative weight, as the witnesses had no personal knowledge of the preparation of the documents and the actual preparers were not presented, rendering the documents hearsay and incompetent evidence regardless of lack of objection; thus, petitioner failed to establish even a prima facie case that would shift the burden to respondent, and jurisprudence allowing sufficiency of a single price list was distinguished because the controlling issue was not quantity of evidence but its reliability and admissibility. Accordingly, the Court affirmed the denial of the refund [Philippine Airlines, Inc. v. Commissioner of Internal Revenue, CTA EB No. 2949 (CTA Case No. 10730), October 29, 2025]

PAGCOR LICENSEE’S VAT FROM PURCHASES IS NOT REFUNDABLE; VAT ON IMPORTATION IS REFUNDABLE. PAGCOR and its licensees, upon payment of the 5% franchise tax, are exempt from all taxes, direct and indirect, by virtue of the “in lieu of all taxes” clause; the Supreme Court also clarified that input VAT is not creditable when attributable to VAT-exempt transactions, and that only taxes actually erroneously paid by the claimant may be recovered under refund provisions. Applying these rules, the Court held that Melco Resorts Leisure Corporation, as a PAGCOR licensee that paid the required 5% franchise tax, is VAT-exempt, but its operations (casino and hotel gaming-related activities) are not zero-rated or effectively zero-rated sales under the Tax Code, thus, it cannot claim refund of input VAT passed on by its suppliers because such VAT is neither creditable nor refundable. However, the Court distinguished VAT on importations and VAT on services rendered by non-residents, finding that Melco, as the statutory taxpayer directly liable for such VAT, may recover amounts that were erroneously or illegally collected; consequently, only a limited portion of the claimed VAT (those directly paid, validly supported, and timely filed, including certain importation VAT) was refundable, while the bulk of the claimed input VAT on purchases from suppliers was denied. [Melco Resorts Leisure (PHP) Corporation v. Commissioner of Internal Revenue / Commissioner of Internal Revenue v. Melco Resorts Leisure (PHP) Corporation, CTA EB Nos. 2976 & 2980 (CTA Case Nos. 10099 & 10176), October 28, 2025)]

REFUND OF CWT AND DST MUST BE FILED WITHIN 2 YEARS FROM DATE OF PAYMENT, NOT 6 YEARS. Administrative and judicial claims for refund of national internal revenue taxes alleged to have been erroneously, illegally, excessively, or wrongfully collected must be filed within two (2) years from the date of payment; jurisprudence consistently holds that the provision constitutes a special law that prevails over the 6-year prescriptive period of Civil Code on quasi-contracts (solutio indebiti). Applying these doctrines, the Court ruled that petitioner’s claims for refund of CWT, which were paid by a bank and passed on to petitioner in connection with an extrajudicial foreclosure sale later nullified by the RTC, are still governed exclusively by NIRC because at the time of payment the amounts were treated as national internal revenue taxes, making the claims for recovery necessarily tax refund actions subject to the 2-year; thus, petitioner’s argument that the 6-year period under solutio indebiti should apply was rejected, as the Civil Code cannot override the Tax Code. The Court further held that even if petitioner reframed the action as solutio indebiti, the CTA would still lack jurisdiction because it is a court of special and limited jurisdiction confined to tax-related disputes, not ordinary civil actions for recovery of sums of money, and therefore it can only resolve claims clearly falling under tax statutes. Consequently, finding that both administrative and judicial claims were filed beyond the mandatory two-year prescriptive period, the Court affirmed their dismissal as time-barred and without merit [(Lyk Property Holdings, Inc. v. CIR, ), CTA EB No. 2986 (CTA Case No. 10754), September 30, 2025)]

A MOTION FOR RECONSIDERATION OF AN AMENDED DECISION IS A PRE-REQUISITE TO APPEAL TO CTA EN BANC. A Petition for Review before the CTA En Banc must be preceded by a timely Motion for Reconsideration or New Trial filed before the CTA Division that issued the assailed decision, and failure to comply with this mandatory requirement is a jurisdictional defect warranting dismissal; jurisprudence further clarifies that even an Amended Decision must first be subjected to a motion for reconsideration when it substantially modifies the original ruling, such as by re-evaluating evidence or altering the amount of relief granted, since it is treated as a distinct decision. Applying these rules, the Court dismissed the Petition for Review because petitioner directly elevated the CTA Division’s Amended Decision to the En Banc without first filing a Motion for Reconsideration, despite the Amended Decision materially modifying the original ruling by reassessing evidence and increasing the amount of refund awarded, thereby falling squarely within the category of amendatory rulings requiring reconsideration; as a result, the En Banc held that it lacked jurisdiction and affirmed the Amended Decision. [(CIR v. Halliburton Worldwide Limited-Philippine Branch, CTA EB No. 3070, CTA Case No. 10467, September 16, 2025)]

SECURITIES AND EXCHANGE COMMISSION

Under the SEC Notice on the Extension of Temporary Use of the 2020 Form for Filing of General Information Sheet on eFAST, all corporations are authorized to continue using the 2020 GIS Form until 15 May 2026, particularly those still completing access or registration requirements in the SEC online systems. 

BUREAU OF INTERNAL REVENUE

BIR DEADLINES FROM APRIL 25, 2026 TO MAY 3, 2026. A gentle reminder on the following deadlines, as may be applicable:

DATE	FILING/SUBMISSION
April 25, 2026	SUBMISSION - Quarterly Summary List of Sales/Purchases/Importations by a VAT Registered Taxpayers - Non-eFPS Filers. For the Quarter ending March 31, 2026
	SUBMISSION - Sworn Statement of Manufacturer’s or Importer’s Volume of Sales of each particular Brand of Alcohol Products, Tobacco Products and Sweetened Beverage Products. For the Quarter ending March 31, 2026
	e-FILING & PAYMENT (Online/Manual) - BIR Form 2550Q (Quarterly Value-Added Tax Return) - eFPS & Non-eFPS Filers. For the Quarter ending March 31, 2026
	e-FILING & PAYMENT (Online/Manual) - BIR Form 2551Q (Quarterly Percentage Tax Return) - eFPS & Non-eFPS Filers. For the Quarter ending March 31, 2026
	e-FILING & PAYMENT (Online/Manual) - BIR Form 2550-DS (Value-Added Tax (VAT) Return for Nonresident Digital Service Provider) - For the Quarter ending March 31, 2026
April 29, 2026	e-FILING & PAYMENT (Online/Manual) – BIR Form 1702Q (Quarterly Income Tax Return For Corporations, Partnerships and Other Non-Individual Taxpayers) and Summary Alphalist of Withholding Taxes (SAWT). Fiscal Quarter ending February 28, 2026
April 30, 2026	SUBMISSION – Attachments to e-Filed BIR Forms 1700, 1701, 1701-MS and 1701A. Calendar Year 2025
	SUBMISSION – Proof of eFiled BIR Form 1702 – RT/EX/MX with Audited Financial Statements (AFS), 1709 (if applicable), and Other Attachments through Electronic Audited Financial Statements (eAFS) or Manually. Calendar Year 2025
	SUBMISSION – Soft copies of Inventory List and Schedules stored and saved in DVD-R/USB properly labeled together with Notarized Sworn Declaration. Fiscal Year ending March 31, 2026
	e-SUBMISSION – Quarterly Summary List of Sales/Purchases/Importations by a VAT Registered Taxpayers - eFPS Filers. For the Quarter ending March 31, 2026
	e-FILING & PAYMENT (Online/Manual) – BIR Form 1601-EQ (Quarterly Remittance Return of Creditable Income Taxes Withheld-Expanded) and Quarterly Alphalist of Payees (QAP) – eFPS & Non-eFPS Filers. For the Quarter ending March 31, 2026
	e-FILING & PAYMENT (Online/Manual) – BIR Form 1601-FQ (Quarterly Remittance Return of Final Income Taxes Withheld) and Quarterly Alphalist of Payees (QAP) – eFPS & Non-eFPS Filers. For the Quarter ending March 31, 2026
	e-FILING & PAYMENT (Online/Manual) – BIR Form 1602Q (Quarterly Remittance Return of Final Taxes Withheld on Interest Paid on Deposits and Yield on Deposit Substitutes/Trusts/Etc.) – eFPS & Non-eFPS Filers. For the Quarter ending March 31, 2026
	e-FILING & PAYMENT (Online/Manual) – BIR Form 1603Q (Quarterly Remittance Return of Final Income Taxes Withheld on Fringe Benefits Paid to Employees Other Than Rank and File) – eFPS & Non-eFPS Filers. For the Quarter ending March 31, 2026
	e-FILING & PAYMENT (Online/Manual) – BIR Form 1621 (Quarterly Remittance Return of Tax Withheld on the Amount Withdrawn from Decedent’s Deposit Account) – eFPS & Non-eFPS Filers. For the Quarter ending March 31, 2026
	ONLINE REGISTRATION (thru ORUS) – Computerized Books of Accounts and Other Accounting Records. Fiscal Year ending March 31, 2026
May 1, 2026	SUBMISSION – Consolidated Returns of All Transactions based on the Reconciled Data of the Stockbrokers. April 16–30, 2026
	SUBMISSION – Engagement Letters and Renewals or Subsequent Agreements for Financial Audit by Independent CPAs. Fiscal Year beginning July 1, 2026

AITR AND AFS FILING DEADLINES EXTENDED TO MAY 15, 2026 (BIR) AND 15 JUNE 2026 (SEC)

Dear CLIENTS, COLLEAGUES and FRIENDS: 

We would like to inform you of recent developments regarding the filing deadlines for the 2025 Annual Income Tax Returns (AITR) and Annual Financial Statements (AFS). Don’t miss our  OTHER UPDATES. 

Revenue Memorandum Circular No. 30-2026

In response to Executive Order No. 110, s. 2026, which declared a State of National Energy Emergency, an extension has been granted for annual tax compliance. To provide relief during the ongoing energy crisis and rising oil prices, the deadline for taxpayers to file their 2025 Annual Income Tax Returns, settle due taxes, and submit all necessary attachments has been extended from April 15, 2026, to May 15, 2026. No penalties will be imposed for filings and payments made within this new deadline.

Extended Deadline	The official deadline is moved from April 15, 2026 to May 15, 2026.
Filing & Payment	Taxpayers are permitted to file and pay manually at the nearest Authorized Agent Banks (AABs), regardless of the specific jurisdiction of their assigned Revenue District Office (RDO). Taxpayers are encouraged to utilize available Bureau of Internal Revenue (BIR) electronic filing and payment platforms to settle their dues.

Securities and Exchange Commission (Notice dated April 14, 2026)

The SEC has extended the filing deadlines for the 2025 AFS and related reportorial requirements.

This extension follows the issuance by the BIR of Revenue Memorandum Circular No. 30-2026, which moved the deadline for filing the 2025 AITR  and its attachments to 15 May 2026.

Covered Entities	New Deadline
All domestic and foreign corporations (AFS)	15 June 2026
Brokers and dealers - SEC Form 52-AR (with AFS)	15 May 2026
Listed issuers, public companies, and other covered entities under the SRC - Annual Reports (SEC Form 17-A with AFS)	15 May 2026

The extension applies to corporations with fiscal year ending 31 December 2025.

All AFS submitted to the SEC must also be filed with and received by the BIR in accordance with existing regulations.

Should, you require assistance with compliance, filing, or coordination with auditors, please feel free to reach out to us.

Best regards,

Dumlao & Co.

COURT OF TAX APPEALS DECISIONS

THE COURT OF TAX APPEALS (CTA) HAS JURISDICTION ONLY OVER DECISIONS OF THE COMMISSIONER OF CUSTOMS (COC), NOT OVER THE LATTER’S INACTION. In this case, petitioner’s claim was based on the alleged inaction of the COC on its protest, which is not appealable to the CTA; moreover, the protest itself was not shown to have been filed in proper form (it failed to specify the ruling protested and lacked proof of payment of protest fees), and no subsequent motion for reconsideration or appealable decision by the COC was established. Consequently, absent a valid appealable decision and compliance with procedural requirements, the CTA had no jurisdiction over the subject matter and was constrained to dismiss the petition. (L.T.J.S. Store, represented by Antonio De Jesus Silva vs. District Collector of Customs, et al., CTA Case No. 10582)

CHANGING THE INVOICE HEADER FROM “CHARGE INVOICE” TO “COMMERCIAL INVOICE” WITHOUT SECURING A NEW PERMIT TO USE COMPUTERIZED ACCOUNTING SYSTEM IS A MERE NOMINAL CHANGE AND DOES NOT CONSTITUTE SYSTEM ENHANCEMENT. A VAT-registered taxpayer claiming zero-rated export sales must substantiate its claim through duly registered VAT invoices containing all required information (including the notation “zero-rated sale”) and proof of actual exportation, such as bills of lading or airway bills; moreover, such invoices must be issued pursuant to a duly authorized system. In this case, although the BIR disallowed the claim on the ground that the taxpayer altered its invoice header from “Charge Invoice” to “Commercial Invoice” without securing a new permit to use CAS, the Court held that the change was merely nominal and did not constitute a “system enhancement” since it neither added value to nor modified the system’s functionality, nor did it result in any change in system release or version number; thus, the existing permit remained valid and the commercial invoices retained their probative value. (MD Isalon Organic Banana Agri-Ventures, Inc. v. CIR, CTA Case No. 10623, July 2, 2025)

SUPPLEMENTARY COMMERCIAL INVOICE GENERATED BY COMPUTERIZED ACCOUNTING SYSTEM IS NOT SUFFICIENT BASIS FOR ZERO-RATING. VAT zero-rating applies only to sales by VAT-registered persons involving the actual shipment of goods from the Philippines to a foreign country, paid in acceptable foreign currency and properly accounted for under Bangko Sentral ng Pilipinas rules, with the sale evidenced by VAT sales invoices and bills of lading or airway bills, and the invoices must be duly registered with the BIR. In this case, the taxpayer issued only Commercial Invoices instead of Charge or VAT Sales Invoices as required under its BIR-authorized Computerized Accounting System (CAS) permit. The Commercial Invoices were merely supplementary documents and outside the approved serial range of its permit to use CAS, and thus could not serve as principal evidence of zero-rated sales. As a result, the taxpayer failed to establish the essential element for zero-rating – that the issuance of valid VAT sales invoices showing actual export sales - and consequently could not substantiate its zero-rated sales. Accordingly, the Court denied the Petition for Review for lack of merit. (MD Davao Agri-Ventures, Inc., v. CIR, CTA Case No. 10625)

AMOUNTS IN THE CERTIFICATE OF INWARD REMITTANCE MUST BE SPECIFICALLY IDENTIFIED, ITEMIZED, OR TRACEABLE TO THE CLAIMED ZERO-RATED EXPORT SALES. A valid zero-rated export sale requires that proceeds be paid in acceptable foreign currency and duly accounted for in accordance with BSP rules. In this case, although the taxpayer submitted bank certifications of inward remittances, the Court found that such documents merely reflected lump-sum remittances without sufficient linkage to specific zero-rated sales transactions, and neither the schedules nor the ICPA Report identified corresponding remittance references or provided a breakdown tracing the payments to the claimed export sales; even attempts to reconcile the reported figures showed discrepancies. Consequently, in the absence of clear, itemized, and traceable proof that the alleged export sales proceeds were received in foreign currency and properly accounted for under BSP rules, petitioner failed to establish compliance with this essential requirement, warranting the denial of its VAT refund claim. (MD Isalon Organic Banana Agri-Ventures, Inc. v. CIR, CTA Case No. 10623, July 2, 2025)

IMPORTATION OF PRESCRIPTION DRUGS AND MEDICINES FOR DIABETES AND HYPERTENSION BEGINNING JANUARY 1, 2020 IS VAT-EXEMPT; VAT MUST NOT BE CLAIMED AS CREDIT IN THE VAT RETURNS. Requisites (1) the medicines are covered by the DOH-FDA approved list; (2) importation occurred within the covered period; (3) the products are qualifying prescription drugs; and (4) the VAT paid was not claimed as input tax credit in VAT returns. In this case, the taxpayer failed to prove compliance with the fourth requirement, as the records showed that the VAT paid was reported in its VAT returns, and significant discrepancies and unreconciled differences between the VAT returns and the ICPA’s findings prevented the Court from determining whether the same amount had already been excluded from input tax credits, raising the possibility of double recovery. Consequently, due to the taxpayer’s failure to clearly establish that the erroneously paid VAT was not utilized as input tax credit, its claim for refund must be denied for lack of sufficient substantiation. (Novartis Healthcare Philippines, Inc. v. CIR, CTA Case No. 10773; see also Astrazeneca Pharmaceuticals (Philippines) Inc., v CIR, CTA Case No. 10725, August 20, 2025)

IN ZERO-RATED SALES, NATURE OF SERVICES MUST BE INDICATED; “INWARD” AS DESCRIPTION IS NOT SUFFICIENT.  Services performed in the Philippines by VAT-registered persons for non-resident foreign corporations (NRFCs) or non-resident clients doing business outside the Philippines, paid in acceptable foreign currency and properly accounted for under Bangko Sentral ng Pilipinas (BSP) rules, are subject to zero-percent (0%) VAT, provided the taxpayer strictly complies with all invoicing and substantiation requirements, including issuance of VAT official receipts that clearly indicate the nature of the services rendered. Here, although the taxpayer presented bank certifications and credit advices showing remittances, the VAT official receipts failed to indicate the nature of services rendered, listing only “INWARD” payments, which was insufficient to meet legal standards. As compliance with invoicing and substantiation requirements is mandatory and strictly construed in tax exemption claims, the taxpayer failed to establish entitlement to zero-rating or refund of input taxes for the period claimed. Accordingly, the Petition for Review was denied. (Ibex Global Solutions (Philippines) Inc., v. CIR, CTA Case No. 11005)

SALE TO BOI-REGISTERED ENTITY MUST BE SUPPORTED BY BOI CERTIFICATION; INVOICE ME BE MARKED “ZERO-RATED”. Zero-rated sales by VAT-registered persons are allowed only if specific statutory and regulatory conditions are strictly complied with, including that the sales are made to BOI-registered exporters whose products are 100% exported, supported by a valid BOI certification, and that each sale is covered by a duly registered VAT invoice clearly indicating the term “zero-rated sale.” In this case, the taxpayer failed to establish that its sales qualified as zero-rated or effectively zero-rated because it did not present BOI certifications for its customers, nor did it issue VAT invoices properly marked as “zero-rated,” with the invoices instead showing the amounts as “VATable Sales.” (Monarch Agricultural Products, Inc. v. CIR, CTA Case No. 10376)

REVENUE ISSUANCES

Revenue Memorandum Circular No. 24-2026

Cross-border services are taxable in the Philippines only when the source of income—determined by where the service is performed, completed, or where the benefit is received—is within the country.

Purpose	Clarifies taxation of cross-border services
General Rule	Not all cross-border services are taxable
Source of Income	Taxable only if source is within the Philippines
Determination of Source	Based on income-producing activity, service completion, or benefit received
Assessment Approach	Holistic evaluation of the entire transaction
Basis for Taxability	Service delivered, completed, or utilized in PH
Burden of Proof	Taxpayer must prove income is from outside PH
Proof/Documents	Contracts, sworn statements, tax residency, proof of payment

Revenue Memorandum Circular No. 20-2026

Pursuant to the Ease of Paying Taxes framework, AITRs must be filed electronically, and for offline eBIRForms users, a screenshot of the submission confirmation serves as valid proof of filing when email confirmation is delayed; thus, taxpayers must retain this screenshot as evidence of compliance.

Legal Basis	The Circular implements the Ease of Paying Taxes framework requiring electronic filing of AITR through BIR platforms.
Filing Requirement	Taxpayers must file AITR electronically, with non-eFPS users utilizing the offline eBIRForms package.
Proof of Filing (eBIRForms)	A screenshot of the system-generated pop-up confirming successful submission serves as proof of filing, especially if email confirmation is delayed.
Practical Application	Taxpayers using offline eBIRForms should capture and retain the screenshot as evidence when filing and paying taxes.

BIR DEADLINES FROM APRIL 06, 2026 TO APRIL 19, 2026. A gentle reminder on the following deadlines, as may be applicable:

DATE	FILING/SUBMISSION
April 08, 2026	SUBMISSION - All Transcript Sheets of Official Register Books (ORBs) used by Dealers/Manufacturers/Toll Manufacturers/Assemblers/Importers of Alcohol Products, Tobacco Products, Petroleum Products, Non-Essential Goods, Sweetened Beverage Products, Mineral Products & Automobiles. Month of March 2026
	e-SUBMISSION - Monthly e-Sales Report for All Taxpayers using CRM/POS and/or Other Similar Business Machines whose last digit of 9-digit TIN is Even Number. Month of March 2026
April 10, 2026	SUBMISSION - List of Buyers of Sugar Together with a Copy of Certificate of Advance Payment of VAT made by each buyer appearing in the List by a Sugar Cooperative. Month of March 2026
	SUBMISSION - Information Return on Releases of Refined Sugar by the Proprietor or Operator of a Sugar Refinery or Mill. Month of March 2026
	e-SUBMISSION - Monthly e-Sales Report for All Taxpayers using CRM/POS and/or Other Similar Business Machines whose last digit of 9-digit TIN is Odd Number. Month of March 2026
	e-FILING & PAYMENT/REMITTANCE (Online/Manual) - BIR Form 2200-M Excise Tax Return for the Amount of Excise Taxes Collected from Payment Made to Sellers of Metallic Minerals. Month of March 2026
	e-FILING & PAYMENT (Online/Manual) - BIR Form 1601-C (Monthly Remittance Return of Income Taxes Withheld on Compensation) - Non-eFPS Filers. Month of March 2026 BIR Form 2200-C (Excise Tax Return for Cosmetic Procedures) with Monthly Summary of Cosmetic Procedures Performed. Month of March 2026 BIR Form 1600-VT (Monthly Remittance Return of Value-Added Tax) and or 1600-PT (Other Percentage Taxes Withheld) and Monthly Alphalist of Payees (MAP) – eFPS & Non-eFPS Filers. Month of March 2026 BIR Form 1606 – (Withholding Tax Remittance Return for Onerous Transfer of Real Property Other Than Capital Asset Including Taxable and Exempt). Month of March 2026
	e-FILING & PAYMENT/REMITTANCE - BIR Form 1600-VT (Monthly Remittance Return of Value-Added Tax) and/or 1600-PT (Other Percentage Taxes Withheld) and BIR Form 1601-C (Monthly Remittance Return of Income Taxes Withheld on Compensation) - National Government Agencies (NGAs). Month of March 2026
April 11, 2026	e-FILING - BIR Form 1601-C (Monthly Remittance Return of Income Taxes Withheld on Compensation) – eFPS Filers under Group E. Month of March 2026
April 12, 2026	e-FILING - BIR Form 1601-C (Monthly Remittance Return of Income Taxes Withheld on Compensation) – eFPS Filers under Group D. Month of March 2026
April 13, 2026	e-FILING - BIR Form 1601-C (Monthly Remittance Return of Income Taxes Withheld on Compensation) – eFPS Filers under Group C. Month of March 2026
April 14, 2026	e-FILING - BIR Form 1601-C (Monthly Remittance Return of Income Taxes Withheld on Compensation) – eFPS Filers under Group B. Month of March 2026
April 15, 2026	REGISTRATION (Online Thru ORUS or Manual) - Permanently Bound Loose-Leaf Books of Accounts/Invoices and Other Accounting Records. Fiscal Year ending March 31, 2026
	SUBMISSION - Updated Master List of newly registered taxpayers & taxpayers whose business permits were renewed from LGUs thru its Local Treasurer. Calendar Year ending December 31, 2025 and 2026 Renewals
	SUBMISSION - Master List of Retired Businesses from LGU thru its Local Treasurer. Calendar Year ending December 31, 2025
	SUBMISSION - List of Medical Practitioners. For the Quarter ending March 31, 2026
	SUBMISSION - Quarterly List (with Monthly Breakdown) of Contractors of Gov’t. Contracts entered into by the Provinces/Cities/Municipalities/Barangays. For the Quarter ending March 31, 2026
	e-FILING & PAYMENT (Online/Manual) - BIR Form 1702 – RT/1702-EX/1702-MX. Calendar Year ending December 31, 2025
	e-FILING & PAYMENT (Online/Manual) - BIR Form 1707-A (Annual Capital Gains Tax Return For Onerous Transfer of Shares of Stock Not Traded Through the Local Stock Exchange) – by Individual & Corporate Taxpayers. Calendar Year ending December 31, 2025
	e-FILING & PAYMENT (Online/Manual) - BIR Form 2200-M (Excise Tax Return for Mineral Products). For the Quarter ending March 31, 2026
	e-FILING & PAYMENT (Online/Manual) - BIR Forms 1700, 1701, 1701-MS & 1701A - Calendar Year ending December 31, 2025
	e-FILING & e-PAYMENT - BIR Form 1601-C - eFPS Filers under Group A. Month of March 2026
	e-PAYMENT - BIR Form 1601-C – eFPS Filers under Group E, D, C & B. Month of March 2026
April 16, 2026	SUBMISSION - Consolidated Return of All Transactions based on the Reconciled Data of Stockbrokers. April 1-15, 2026
April 20, 2026	SUBMISSION - Quarterly Information on OCWs or OFWs Remittances Exempt from DST furnished by the Local Banks & Non-Bank Money Transfer Agents. For the Quarter ending March 31, 2026
	SUBMISSION - Quarterly Report of Printer. For the Quarter ending March 31, 2026
	e-FILING & PAYMENT (Online/Manual) - BIR Form 1600 WP (Remittance Return of Percentage Tax on Winnings and Prizes Withheld by Race Track Operators) – eFPS & Non-eFPS Filers. Month of March 2026
April 25, 2026	SUBMISSION - Quarterly Summary List of Sales/Purchases/Importations by a VAT Registered Taxpayers - Non-eFPS Filers. For the Quarter ending March 31, 2026
	SUBMISSION - Sworn Statement of Manufacturer’s or Importer’s Volume of Sales of each particular Brand of Alcohol Products, Tobacco Products and Sweetened Beverage Products. For the Quarter ending March 31, 2026

COURT OF TAX APPEALS DECISIONS

TAX ORDER PAYMENTS (TOP) ARE NOT CONSIDERED ASSESSMENT UNDER SECTION 195 OF THE LOCAL GOVERNMENT CODE IF THEY FAIL TO SPECIFY SURCHARGE, INTEREST, PENALTY AND BASIS FOR THE ASSESSMENT; PAYMENT INCLUDING REFUND WITHIN 2 YEARS UNDER SECTION 196 IS A VALID REMEDY. In questioning local business taxes, the applicable remedy hinges on the existence of a valid assessment: Section 195 governs protests against assessments that must state the nature of the tax, deficiency amount, and applicable surcharges, interests, and penalties, and must be protested within 60 days; while Section 196 applies where taxes are erroneously or illegally collected, even without a prior assessment, provided a written claim is filed within two years from payment. A valid assessment must sufficiently inform the taxpayer of both the factual and legal bases to enable an intelligent protest. Applying these principles, the Court found that the 2022 and TOPs, although indicating the nature and amount of taxes, failed to specify any deficiency assessment, surcharges, interest, penalties, and the factual and legal bases, thus not constituting valid notices of assessment under Section 195. Consequently, the taxpayer correctly availed of Section 196, having paid the local business taxes; it then timely filed its administrative claim for refund, both within the two-year prescriptive period reckoned from such earliest payment. Accordingly, the Court held that the trial court erred in dismissing the case for failure to protest under Section 195 and remanded the case for further proceedings to determine, based on evidence, whether the petitioner is entitled to a refund or tax credit of the alleged excess local business taxes paid. [Team (Philippines) Energy Corporation v. The Municipality Pagbilao, Quezon, et. al., CTA AC No. 331, August 11, 2025]

BANGKO SENTRAL NG PILIPINAS (BSP) IS EXEMPT FROM DOCUMENTARY STAMP TAX (DST) ON ACQUISITION OF FORECLOSED PROPERTY. DST is imposed on deeds, conveyances, donations, or other instruments transferring real property, calculated based on the consideration or fair market value, but all contracts, deeds, documents and transactions related to the conduct of business of the BSP are exempt. In this case, BSP extended an emergency loan to the Rural Bank of San Miguel, which was secured by a real estate mortgage. Upon the borrower’s default, the mortgaged properties were foreclosed, and BSP, as the highest bidder, acquired the property. BSP paid the capital gains tax on the foreclosure sale, but the BIR assessed additional DST. BSP paid this DST under protest, asserting that as a government financial institution acting within its statutory mandate to grant loans and acquire foreclosed properties, it is exempt from DST. The Court agreed that the acquisition of foreclosed properties forms part of BSP’s business operations and that the DST assessment was therefore erroneous. Accordingly, the Court ordered the BIR to refund or issue a tax credit certificate representing the erroneously paid DST on the foreclosure transaction. (Bangko Sentral ng Pilipinas v. CIR, CTA Case No. 10106, September 1, 2025; Bangko Sentral ng Pilipinas v. CIR, CTA Case No. 11147, September 29, 2025)

IN ZERO-RATED SALES TO ECOZONES, GOODS AND SERVICES MUST ACTUALLY BE CONSUMED OR RENDERED WITHIN THE ECOZONE, AND THE PLACE OF TRANSACTION MUST BE INDICATED. Zero-rated VAT applies to export sales by VAT-registered persons and to services rendered to entities whose exemption under special laws effectively subjects such services to zero percent VAT. Special laws establish ECOZONES as separate customs territory, allowing sales from the Philippine customs territory to PEZA-registered entities within ECOZONES to be treated as exports for VAT purposes. In the case of Sankyu-Ats Consortium-B, while it is VAT-registered and sold exclusively to a PEZA-registered entity, it failed to establish that the goods and services were actually consumed or rendered within the ECOZONE, a critical element for zero-rating under the Cross-Border Doctrine and Destination Principle. Documents did not indicate the locus of transactions, nor were purchase orders or contracts provided to substantiate consumption within the ECOZONE. Consequently, petitioner did not satisfy the essential requisites for zero-rated sales, and its claim for refund of input taxes was denied. (Sankyu-Ats Consortium-B v. CIR, CTA Case No. 10676, September 2, 2025)  

ZERO-PERCENT VAT APPLIES TO SERVICES RENDERED BY VAT-REGISTERED PERSONS TO RENEWABLE ENERGY (RE) DEVELOPERS IF TWO CONDITIONS ARE MET: (1) THE RE DEVELOPER IS DULY REGISTERED WITH BOTH THE DEPARTMENT OF ENERGY (DOE) AND THE BOARD OF INVESTMENTS (BOI), AND (2) THE SERVICES OR LOCAL PURCHASES ARE NECESSARY FOR THE DEVELOPMENT, CONSTRUCTION, AND INSTALLATION OF PLANT FACILITIES OR FOR THE WHOLE PROCESS OF EXPLORATION AND DEVELOPMENT OF RENEWABLE ENERGY SOURCES UP TO CONVERSION INTO POWER. In this case, Air Drilling Associates Pte Ltd., claimed input VAT refund for excess or unutilized VAT arising from services allegedly rendered to EDC and PGPC. The Court denied the refund because Air Drilling failed to prove PGPC’s BOI registration and that not all EDC projects were BOI-registered. Moreover, Air Drilling failed to present admissible evidence that services were actually rendered during the claim period: the original contract had expired in 2017, and the submitted amended contract extending the term to December 31, 2019, was disallowed; and the billing invoices and VAT official receipts were insufficient to establish that services were performed in connection with RE development during the relevant period. (Air Drilling Associates Pte Ltd., v. CIR, CTA Case No. 10752, August 13, 2025).

IN INPUT VAT REFUND CASES FILED WITH THE REVENUE DISTRICT OFFICE (RDO), ONLY THE DECISION OF THE REGIONAL DIRECTOR, NOT THE RDO, IS APPEALABLE TO THE CTA. The Court of Tax Appeals (CTA) has exclusive appellate jurisdiction to review decisions, rulings, or inactions of the Commissioner of Internal Revenue (CIR) or duly authorized officials, and such appeal must be filed within 30 days from receipt of the decision. Revenue issuances clarify that for VAT refund claims filed with a Revenue District Office (RDO), the Regional Director or higher authorized official has the authority to approve or deny the claim, and only the decision of such official is appealable to the CTA. In this case, Sankyu-ATS Consortium-B filed a VAT refund claim, which was denied by Revenue District Officer. Since the RDO officer lacks authority to issue an appealable denial, the CTA has no jurisdiction to entertain the petition, and the proper appealable decision would have been that of the Regional Director. Accordingly, the petition was dismissed on jurisdictional grounds (Sankyu-Ats Consortium-B v. CIR, CTA Case No. 10768, July 11, 2025)

IN CLAIMS FOR INPUT VAT REFUND INVOLVING OFFSETTING, THERE MUST BE A CLEAR AGREEMENT EXPRESSLY ALLOWING ADVANCES TO BE OFFSET AGAINST RECEIVABLES, WITH SPECIFIC DETAILS OF THE ACTUAL OFFSETTING UNDERTAKEN. Services performed in the Philippines by a VAT-registered person for a foreign corporation or a non-resident person outside the Philippines are subject to zero percent (0%) VAT, provided, among others, the consideration is paid in acceptable foreign currency and duly accounted for in accordance with Bangko Sentral ng Pilipinas (BSP) rules. Pursuant to the BIR rules, an offsetting arrangement where receivable from services is offset against advances is allowed as alternative document. In this case, while the taxpayer submitted the Short-Term Credit Facility Agreement (STCFA) and related documents showing loan transactions in foreign currency, these documents failed to prove that such advances could be validly offset against receivables from services provided to other affiliates. The STCFA governs loans, not inter-affiliate offsets, and no separate agreement establishing such offsets between taxpayer and other affiliates was presented. The Schedule of Offsetting of Receivables also did not detail actual offsets corresponding to specific service invoices, showing only movements in the group account balance, which the Court deemed insufficient to establish that the loans served as payments for services. (Avaloq Philippines Operating Headquarters v. CIR,  CTA Case No. 10922, August 29, 2025)

ROYALTY TAXES TWICE PAID CAN BE REFUNDED. A taxpayer is entitled to a refund or tax credit if it can establish that it erroneously paid a tax Taxpayer further established that it erroneously paid both Withholding Value-Added Tax (WVAT) and Final Withholding Tax (FWT) on its 2020 sales. These sales were subjected to a 25% royalty under a first agreement and simultaneously to a 20% royalty the second agreement, resulting in double payment of taxes. Evidence supporting the claim included the Schedule of Net Sales, audited financial statements, the schedule of royalties reported, and permits. Witnesses testified that the double-counting of royalties was unintentional and was discovered, upon which the 20% royalty expense and related taxes were reversed in the books. The Court recognized that the WVAT and FWT corresponding to the 20% royalties were indeed erroneously paid, as the basis for taxation no longer existed due to the reversal and refund of the royalties. Accordingly, the Court ordered the BIR to refund the erroneously paid WVAT and FWT. (Syngena Philippines, Inc., v. CIR, CTA Case No. 11067, August 27, 2025)

IN AN INPUT VAT REFUND CASE, A TAXPAYER’S PETITION FILED WITH THE CTA PRIOR TO THE RECEIPT OF THE CIR’S DECISION OR BEFORE THE LAPSE OF THE PERIOD FOR INACTION IS DISMISSIBLE. The Court of Tax Appeals (CTA) has exclusive appellate jurisdiction to review decisions, rulings, or inactions of the CIR in cases involving disputed assessments, tax refunds, fees, or other matters under the National Internal Revenue Code (NIRC), and an appeal must be filed within 30 days from receipt of the decision or after the expiration of the period fixed by law for action, with inaction being considered a “deemed denial.” The CIR has 90 days from receipt of a complete administrative claim for VAT refund or tax credit to act on the claim, after which inaction is deemed a denial and appealable to the CTA. Here,  the taxpayer filed its administrative claim for VAT refund on July 30, 2020, well within the two-year prescriptive period from the issuance of its tax clearance, giving the BIR until October 28, 2020, to act. However, taxpayer prematurely filed the judicial Petition for Review on August 3, 2020, before the expiration of the 90-day period and before receipt of the BIR’s denial on October 30, 2020, meaning neither was there a decision nor a deemed denial to appeal. Thus, the petition was properly dismissed for lack of jurisdiction. (British American Tobacco (Philippines), Limited v. CIR, CTA Case o. 10322, July 31, 2025)

REVENUE ISSUANCES

Revenue Memorandum Circular No. 21-2026

Tax exemptions previously granted to a former foreign assistance agency are officially extended to the newly established foreign assistance section of the diplomatic mission. 

Purpose	Transfer the tax privileges and exemptions previously granted to the former foreign assistance agency (USAID) to the newly established Foreign Assistance Section of the U.S. Embassy (US-FAS).
Entity Transition	Effective July 1, 2025, the US-FAS replaced USAID as the recognized special technical and economic mission in the Philippines. Consequently, all references to "USAID" in prior guidelines are replaced with "US-FAS".
Tax Privileges	US-FAS and its agents keep the same VAT zero-rating and tax exemptions that USAID had.
Terminology Update	The terms "receipt" and "official receipt" are deleted from the guidelines, leaving only the term "invoice".
Transitory VAT Rules	VAT-registered taxpayers must continue to apply a zero-percent (0%) VAT rate and honor existing VAT Exemption Certificates (VECs) issued to USAID for 30 days following the issuance of this Circular.
Surrender of VECs	The US-FAS has 30 days to surrender old VECs for ongoing projects to the International Tax Affairs Division (ITAD). VECs not returned within this period will be automatically revoked and rendered ineffective.

Revenue Regulations No. 2-2026

Eligible participants and generation facilities can avail of VAT exemptions and other tax incentives for the trade and utilization of indigenous natural gas. 

VAT Exemption	The purchase and sale of indigenous natural gas, aggregated gas, and power generated from these gases are exempt from Value-Added Tax (VAT). For aggregated gas, the exemption applies only to the portion attributed to indigenous natural gas.
Incentives	Philippine Downstream Natural Gas Industry (PDNGI) Facilities certified by the Department of Energy (DOE) can avail of tax incentives under Title XIII of the Tax Code, provided they are registered with the Board of Investments (BOI) and included in the Strategic Investment Priority Plan (SIPP).
Documentary Requirements (Participants)	To claim VAT exemption, participants must attach a DOE-OIMB endorsement, a certification of the volume/percentage of indigenous natural gas sold, and a Certified True Copy of the DOE Permit to their Quarterly VAT Declaration (BIR Form No. 2550Q).
Documentary Requirements (Generation Facilities)	Generation facilities must attach a DOE-EPIMB endorsement confirming the use of indigenous natural gas, a certification of the power produced from it, and a Certified True Copy of the DOE Permit to their Quarterly VAT Declaration.
Tax Form Declaration	Taxpayers must explicitly state the legal basis for the VAT exemption (Section 38 of R.A. No. 12120) on Field Item Number 14A of the Quarterly VAT Declaration.

BIR DEADLINES FROM MARCH 30, 2026 TO APRIL 5, 2026. A gentle reminder on the following deadlines, as may be applicable:

DATE	FILING/SUBMISSION
March 30, 2026	SUBMISSION - Proof of eFiled BIR Form 1702 – RT/EX/MX with Audited Financial Statements (AFS), 1709 (if applicable), and Other Attachments through Electronic Audited Financial Statements (eAFS). Fiscal Year ending November 30, 2025
	SUBMISSION - Soft Copies of Inventory List and Schedules stored and saved in DVD-R/USB properly labeled together with Notarized Sworn Declaration. Fiscal Year ending February 28, 2026
	e-SUBMISSION - Quarterly Summary List of Sales/Purchases/Importations by a VAT Registered Taxpayers - eFPS Filers. Fiscal Quarter ending February 28, 2026
	ONLINE REGISTRATION (thru ORUS) - Computerized Books of Accounts and Other Accounting Records. Fiscal Year ending February 28, 2026
April 1, 2026	SUBMISSION - Consolidated Return of All Transactions based on the Reconciled Data of Stockbrokers. March 16 – 31, 2026
	SUBMISSION - Engagement Letters and Renewals or Subsequent Agreements for Financial Audit by Independent CPAs. Fiscal Year beginning June 1, 2026
	e-FILING & PAYMENT (Online/Manual) - BIR Form 1702Q (Quarterly Income Tax Return For Corporations, Partnerships and Other Non-Individual Taxpayers) and Summary Alphalist of Withholding Taxes (SAWT). Fiscal Quarter ending January 31, 2026
April 5, 2026	SUBMISSION - Summary Report of Certification issued by the President of the National Home Mortgage Finance Corporation (NHMFC). Month of March 2026
	e-FILING & PAYMENT (Online/Manual) - BIR Form 2000 (Monthly Documentary Stamp Tax Declaration/Return). Month of March 2026
	e-FILING & PAYMENT (Online/Manual) - BIR Form 2000-OT (Documentary Stamp Tax Declaration/Return One-Time Transactions). Month of March 2026