YRA Business Solutions Corp.

17/10/2026

Under RR No. 007-2026, the BIR clarified how senior citizen discounts should be treated when the financial burden is shared among retailers, manufacturers, distributors, wholesalers-retailers, and wholesalers of medicines.

The key rule is simple:

If the discount burden is shared under an agreement, the amount that may be claimed as a tax deduction cannot exceed the portion actually shouldered by the taxpayer claiming it.

This helps align the tax deduction with the real economic cost of the senior citizen discount.

For businesses in the pharmaceutical supply chain, proper documentation of the burden-sharing arrangement is now even more important.

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14/10/2026

📌 Using a Third-Party E-Invoicing Provider? Check if the Solution Is BIR-Accredited

Under RMC No. 110-2026, Electronic Invoicing Service Providers must undergo BIR accreditation before commercially deploying their e-invoicing and electronic sales reporting solutions to taxpayers.

The accreditation covers more than software functionality. The BIR also looks at security, interoperability, operational capability, data governance, business continuity, and technical compliance.

For businesses outsourcing their e-invoicing solution, choosing a provider is now also a compliance decision.

Your provider may handle the technology but your business still carries its own tax responsibilities.

14/10/2026

🎥 WATCH: What Online Businesses Need to Know About the BIR Registration Seal Badge

14/10/2026

09/10/2026

The BIR Taxpayer Portal gives Large Taxpayers a more convenient way to monitor key tax information.

Instead of checking multiple records separately, taxpayers can use the portal to review filed return status, track payments, access account ledgers, and receive system-generated filing and payment reminders.

This can help tax teams spot discrepancies earlier and keep better track of upcoming obligations.

Digital access does not replace compliance but it can make compliance easier to monitor.

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09/10/2026

The BIR’s Enhanced eDST System is part of its continuing digital transformation program for Documentary Stamp Tax administration.

Covered taxpayers must generally enroll by December 31, 2026, while newly registered taxpayers covered by the mandate have 90 days from registration to enroll.

Enrollment must also be accompanied by eFPS enrollment and attendance at the BIR’s Enhanced eDST orientation, which is a prerequisite to system use.

If your transactions are subject to DST, now is the time to check whether the Enhanced eDST mandate applies to you.

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09/10/2026

The BIR has announced the availability of the Offline eBIRForms Package Version 7.9.6.2.

The update includes new ATC codes for Micro Taxpayer Abatement in BIR Form No. 0605, along with a new tax type code for Micro Taxpayer Abatement.

It also includes system corrections for reported issues affecting forms such as 1601-FQ, 1603Qv2018, 1702Qv2018C, and 1801v2018.

If you use Offline eBIRForms, check whether your current version needs updating.

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09/10/2026

A valid tax refund claim can still face problems if it is filed with the wrong BIR office.

Under RMC No. 103-2026, claims involving Capital Gains Tax on the sale of real property and the related Documentary Stamp Tax must be filed with the Revenue District Office that has jurisdiction over the location of the property.

Other tax credit or refund claims under Section 204(C), in relation to Section 229 of the Tax Code, should be filed with the RDO or the appropriate Large Taxpayers office that has jurisdiction over the taxpayer.

In tax refund claims, where you file can be just as important as what you file.

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09/10/2026

If your annual income tax return shows excess income taxes paid through creditable withholding tax, you may be considering a refund or tax credit claim.

RMC No. 102-2026 clarifies that regular applications must generally be filed within two years from the filing of the annual income tax return, together with the complete supporting documents required by the BIR.

The Circular also emphasizes that only applications with complete documentary requirements will be received and processed by the authorized processing office.

In tax refund claims, completeness and timing matter just as much as the amount being claimed.

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09/10/2026

The temporary excise tax suspension does not apply to every use of LPG and kerosene.

Covered LPG is generally exempt during the suspension period, except LPG used as raw material for petrochemical production or for motive power.

Kerosene is also covered, except when used as aviation fuel. RMC No. 100-2026 - redacted

Businesses involved in importing, distributing, selling, or using petroleum products should understand these distinctions before applying the tax relief.

The product may be the same, but its intended use can affect its tax treatment.

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