- The deadline for specified taxpayers to comply with electronic invoicing requirements is extended to Dec. 31, 2026.
- The extension applies to SMEs in e-commerce, large taxpayers, and those using computerized accounting systems.
- Micro enterprises and pilot users of the Electronic Invoicing System are excluded from the extension.
- Taxpayers required to issue electronic invoices or use the Electronic Sales Reporting System will be listed once a suitable system is established.
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Philippines"
- Philippine Court Affirms Denial of Input VAT Refund for Non-Qualifying Zero-Rated Sales
- Philippines VAT on Freebies: Compliance Rules for Promo Sales, Deemed Sales, and Documentation
- Philippine Court Clarifies VAT Refund Rules for PAGCOR Licensees and Contractors
- Philippine Court Clarifies Partial Refunds for Unutilized Input VAT on Zero-Rated Sales
- Philippine Court Voids Tax Assessment for Due Process Violations in SSEFZ Preferential Rate Case
