03/06/2026
📢 𝗕𝗜𝗥 𝗨𝗣𝗗𝗔𝗧𝗘 | 𝗥𝗠𝗖 𝗡𝗼. 𝟱𝟵-𝟮𝟬𝟮𝟲
The Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) No. 59-2026 to provide further clarification on the implementation of Value-Added Tax (VAT) on Digital Services under Revenue Regulations No. 3-2025.
The Circular addresses common concerns regarding:
✔️ VAT registration requirements for Nonresident Digital Service Providers (NRDSPs)
✔️ VAT treatment of VAT-exempt digital services
✔️ Cross-border cost-sharing arrangements involving foreign digital service providers and Philippine entities
✔️ VAT filing, remittance, and invoicing obligations for affected taxpayers
Businesses engaged in digital transactions, particularly those dealing with foreign digital service providers, are encouraged to review the provisions of this Circular to ensure proper tax compliance and avoid potential penalties.
For guidance on how these regulations may affect your business operations and tax obligations, feel free to consult with a qualified tax professional.
𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝘂𝘀 𝘁𝗼𝗱𝗮𝘆!
📞 0928-551-7180 | (049) 539-8362
🌐 www.lnbacctgtaxhrm.com
📍 G/F JMCC Caravel Building, Jubilation Commercial Strip, Biñan, Laguna
L&B Accounting-Tax and Human Resource Management Services
𝑳𝒆𝒂𝒅𝒊𝒏𝒈 𝒚𝒐𝒖𝒓 𝒃𝒖𝒔𝒊𝒏𝒆𝒔𝒔 𝒘𝒊𝒕𝒉 𝒂𝒄𝒄𝒖𝒓𝒂𝒕𝒆, 𝒕𝒐𝒑-𝒕𝒊𝒆𝒓, 𝒂𝒏𝒅 𝒉𝒖𝒎𝒂𝒏𝒆 𝒔𝒆𝒓𝒗𝒊𝒄𝒆𝒔