JG Rivera Auditing Firm

REVENUE MEMORANDUM CIRCULAR NO. 47-2026

Prescribing Simplified and Streamlined Guidelines and Procedures in the Closure and/or Cancellation of Business Registration with the Bureau of Internal Revenue

For the full text, you may visit:

https://bir-cdn.bir.gov.ph/BIR/pdf/RMC%20No.%2047-2026.pdf

Tax Advisory: Delay/Non-receipt of system generated email confirmation from eBIRForms.

RMC No. 036-2026
Availability of Offline Electronic Bureau of Internal Revenue Forms
(eBlRForms) Package Version 7.9.6.0.

The updated Offline eBlRForms Package v7.9.6.0 contains the following enhancements:

1. Inclusion of BIR Form No. 1701-MS August2024 [Annual Income Tax Return For Individuals Classified as MICRO or SMALL Taxpayers].

2. New Alphanumeric Tax Codes (ATCs) have been added in BIR Form No. 1601-EQ (ATC: WI840, WC840, WI850, WC850, WI860 and WC860).

3. Increase in character field length of Taxpayer Identification Number (TIN) Branch Code, from three (3) digits to five (5) digits branch code in all tax returns.

4. Updated tax rates, from 15% to 20%, in Schedule 1 for Foreign Currency Deposit based on the return period being filed in BIR Form No. 1602Qv2018.

5. Bug fixes for the following BIR Forms: 0619E, 1601FQ, 1604F, 1702Qv2018C, 1702EXv2018, 1702MXv2018C, 1707v2021, 2000-OT and 2551Qv2018.

📣 𝗡𝗢𝗧𝗜𝗖𝗘: 𝗘𝘅𝘁𝗲𝗻𝘀𝗶𝗼𝗻 𝗼𝗳 𝘁𝗵𝗲 𝗗𝗲𝗮𝗱𝗹𝗶𝗻𝗲 𝗳𝗼𝗿 𝗙𝗶𝗹𝗶𝗻𝗴 𝗼𝗳 𝟮𝟬𝟮𝟱 𝗔𝗻𝗻𝘂𝗮𝗹 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀 (𝗔𝗙𝗦)

The filing deadline for the 2025 Annual Financial Statements (AFS) and related reportorial requirements has been 𝗘𝗫𝗧𝗘𝗡𝗗𝗘𝗗. This follows the issuance of Revenue Memorandum Circular No. 30-2026 by the Bureau of Internal Revenue (BIR).

🗓️ Revised Deadlines:
• Annual Financial Statements of All Corporations: 𝗝𝘂𝗻𝗲 𝟭𝟱, 𝟮𝟬𝟮𝟲
• SEC Form 52-AR of Brokers & Dealers: 𝗠𝗮𝘆 𝟭𝟱, 𝟮𝟬𝟮𝟲
• Annual Reports (SEC Form 17-A) with AFS as attachment: 𝗠𝗮𝘆 𝟭𝟱, 𝟮𝟬𝟮𝟲

All corporations are reminded to ensure that submitted AFS are duly received by the BIR.

Read the full notice here: https://www.sec.gov.ph/notices-2026/extension-of-the-deadline-for-filing-of-2025-annual-financial-statements-afs/

💬 𝗖𝗔𝗟𝗟 𝗙𝗢𝗥 𝗖𝗢𝗠𝗠𝗘𝗡𝗧𝗦: 𝗣𝗿𝗼𝗽𝗼𝘀𝗲𝗱 𝗔𝗺𝗲𝗻𝗱𝗺𝗲𝗻𝘁𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗦𝗘𝗖 𝗔𝗰𝗰𝗿𝗲𝗱𝗶𝘁𝗮𝘁𝗶𝗼𝗻 𝗚𝘂𝗶𝗱𝗲𝗹𝗶𝗻𝗲𝘀 𝗳𝗼𝗿 𝗔𝘂𝗱𝗶𝘁𝗶𝗻𝗴 𝗙𝗶𝗿𝗺𝘀 𝗮𝗻𝗱 𝗘𝘅𝘁𝗲𝗿𝗻𝗮𝗹 𝗔𝘂𝗱𝗶𝘁𝗼𝗿𝘀

The Securities and Exchange Commission (SEC), through the Office of the General Accountant (OGA), invites all concerned auditing firms, external auditors, and covered corporations to submit their comments and inputs on the Proposed Amendments in SEC Accreditation Guidelines of Auditing Firms and External Auditors.

The exposure draft covers key revisions to the SRC Rule 68 and SEC Memorandum Circular No. 20, Series of 2019, including accreditation requirements, scope and limitations, and qualification standards. Stakeholders are encouraged to review the draft and the attached comparative matrix for reference.

📩 Submit your comments to [email protected]
on or before 15 May 2026.

Read the full notice here: https://www.sec.gov.ph/notice-rfc-2026/request-for-comments-on-proposed-amendments-in-sec-accreditation-guidelines-of-auditing-firms-and-external-auditors/

📣 𝗡𝗢𝗧𝗜𝗖𝗘: 𝗔𝘃𝗮𝗶𝗹𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗼𝗳 𝗖𝗼𝗺𝗽𝗮𝗻𝘆 𝗠𝗼𝗻𝗶𝘁𝗼𝗿𝗶𝗻𝗴 𝗦𝘆𝘀𝘁𝗲𝗺 𝗳𝗼𝗿 𝗥𝗲𝗾𝘂𝗲𝘀𝘁𝘀 𝗼𝗳 𝗖𝗼𝗺𝗽𝗮𝗻𝘆 𝗠𝗼𝗻𝗶𝘁𝗼𝗿𝗶𝗻𝗴 𝗖𝗹𝗲𝗮𝗿𝗮𝗻𝗰𝗲

Starting 2 February 2026, requests for Company Monitoring Clearance are now fully online via the Company Monitoring System on eWatch. This applies to the following:
👉 OPCs
👉 Stock & Non-Stock Corporations
👉 Financing & Lending Companies
👉 Foreign Corporations
👉 Corporations with Secondary License
👉 Foundations
👉 Accredited Microfinance
👉 Non-Listed Public Companies

🖥️ Access the system here: https://ewatch.sec.gov.ph
🔐 Reminder: Your authorized filer must have an active eSECURE account to proceed.
💻Register here: https://esecure.sec.gov.ph

Read the full notice here: https://www.sec.gov.ph/notices/availability-of-company-monitoring-system-for-requests-of-company-monitoring-clearance/