Beyond D' Numbers Consulting Co.

📣 𝗡𝗢𝗧𝗜𝗖𝗘: 𝗧𝗲𝗺𝗽𝗼𝗿𝗮𝗿𝘆 𝗨𝘀𝗲 𝗼𝗳 𝟮𝟬𝟮𝟬 𝗙𝗼𝗿𝗺 𝗳𝗼𝗿 𝗨𝗿𝗴𝗲𝗻𝘁 𝗙𝗶𝗹𝗶𝗻𝗴 𝗼𝗳 𝗚𝗲𝗻𝗲𝗿𝗮𝗹 𝗜𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗦𝗵𝗲𝗲𝘁 𝗼𝗻 𝗲𝗙𝗔𝗦𝗧

The Securities and Exchange Commission (SEC) temporarily allows corporations that are still setting up or restoring access to their eSECURE accounts to submit their General Information Sheet (GIS) through eFAST using the 2020 version of the GIS Form.

This arrangement will be available until 15 April 2026. After this date, corporations will be required to use the 2026 GIS Form, which integrates the submission of beneficial ownership information through HARBOR.

📄 Download the form here: https://bit.ly/2020GISForms
🔗 Read the full notice here: https://www.sec.gov.ph/notices-2026/temporary-use-of-2020-form-for-urgent-filing-of-general-information-sheet-on-efast/

Just a moment...

Kick off 2026 smooth, on track and no bumps in sight!

New RR Alert!
An amendment to the De Minimis benefits provisions of Revenue Regulations No. 2-98, increasing the non-taxable benefits ceiling.

Our sincere commendation to our Supporting Team (Business Registration and Admin), whose perseverance and outstanding work create value that extends well beyond the numbers.
For Pathric, Ruby Ann, Ruel, Adrian and Beth 👏👍

Big shoutout to Team Jen for your unstoppable resilience, commitment, and tenacity, pushing us us beyond the numbers and leading in the areas where balance truly matters.
For Ms. Riza, Karen, Mika and Ely 👍👏

Grateful appreciation to Team Jackie for your relentless grit, passion, dedication, and spirit taking us beyond the numbers and thriving where balance truly elevates the team.
For Ms. Kamille, Rubelyn, Mavy and Marc 👍👏

Celebrating a little early, but the excitement is too real, BDN is turning 10! 🎉✨
Huge shoutout to this amazing team. You bring the skills, the grit, and the vibe that keeps us moving forward

Ten remarkable years and an even bolder future ahead.

@10

TAX ADVISORY
NEW BIR ISSUANCE- SEPTEMBER 30, 2025

Heads up, TOP WITHHOLDING AGENTS (TWAs) 📣🚨

The BIR has issued Revenue Regulations No. 24-2025, which updates the rules on the Creditable Withholding Tax (CWT) you must remit.

Please ensure your team is up-to-date with the latest amendments to Section 2.57.2 to avoid penalties.

Please be guided accordingly. Thank you!

BIR ePayment services through Unionbank

https://www.facebook.com/share/p/171AnyPLBa/?mibextid=wwXIfr

The (SC) has clarified that domestic market enterprises can enjoy the zero-rated Value-Added Tax (VAT) incentive under Republic Act No. 11534, or the 𝘊𝘰𝘳𝘱𝘰𝘳𝘢𝘵𝘦 𝘙𝘦𝘤𝘰𝘷𝘦𝘳y 𝘢𝘯𝘥 𝘛𝘢𝘹 𝘐𝘯𝘤𝘦𝘯𝘵𝘪𝘷𝘦𝘴 𝘧𝘰𝘳 𝘌𝘯𝘵𝘦𝘳𝘱𝘳𝘪𝘴𝘦𝘴 (𝘊𝘙𝘌𝘈𝘛𝘌) 𝘈𝘤𝘵.

In a Decision written by then Associate Justice Mario V. Lopez (retired), the SC 𝘌𝘯 𝘉𝘢𝘯𝘤 declared Rule 18, Section 5 of the Implementing Rules and Regulations (IRR) of the 𝘊𝘙𝘌𝘈𝘛𝘌 𝘈𝘤𝘵
and several Bureau of Internal Revenue (BIR) issuances void for unlawfully limiting which businesses could avail of the VAT incentive.

The 𝘊𝘙𝘌𝘈𝘛𝘌 𝘈𝘤𝘵, passed in 2021, grants registered business enterprises (RBEs) VAT exemption on importation and VAT zero-rating on local purchases of goods and services that are directly and exclusively used in their registered project or activity. RBEs include both domestic market enterprises and registered export enterprises.

However, the Department of Trade and Industry (DTI) and the Department of Finance (DOF) later issued the IRR, which excluded domestic market enterprises from enjoying zero-rated VAT incentives on their business purchases.

The Bureau of Internal Revenue (BIR) followed with the issuance of Revenue Regulations No. 21-2022 and Revenue Memorandum Circulars No. 24-2022 and 49-2022, which clarified that only registered export enterprises were entitled to the incentive.

Petitioner Subic Bay Freeport Chamber of Commerce, Inc. and taxpayer Benjamin E. Antonio III filed a petition for declaratory relief, arguing that the IRR and the BIR regulations unfairly excluded domestic market enterprises from the benefits granted by the law.

The SC ruled that the IRR and the BIR regulations were invalid for adding restrictions not found in the 𝘊𝘙𝘌𝘈𝘛𝘌 𝘈𝘤𝘵
The SC stressed that the law clearly covers all RBEs, including domestic market enterprises.

The SC emphasized that government agencies like the DTI and DOF cannot go beyond what the law allows. Since the law includes domestic businesses as RBEs, the IRR cannot exclude them from receiving the incentives.

Read the full text of the Press Release at https://sc.judiciary.gov.ph/?p=152408.

Read the full text of the Decision at https://sc.judiciary.gov.ph/?p=152369.

Read the Concurring Opinion of Senior Associate Justice Marvic M.V.F. Leonen at https://sc.judiciary.gov.ph/?p=152400.

Copying of this content is subject to the SC PIO’s Credit Attribution Policy: https://sc.judiciary.gov.ph/credit-attribution-policy/.

Tax Advisory on the Manual Filing and Payment of Documentary Stamp Tax (DST) Return (BIR Form 2000) in Light of the Revised DST Rates under the Capital Markets Efficiency Promotion Act (CMEPA):