- 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"
- The BIR suspends audits of books of accounts until further notice
- Philippine Senate Proposes Abolishing VAT and 3% Tax, Signaling Major Tax Reform
- Philippine Court Clarifies Input VAT Refunds for Zero-Rated Sales in Recent Decision
- Philippine Court Bars VAT Deficiency Collection Due to Expired Three-Year Prescriptive Period
- Philippine Court Clarifies Input VAT Refunds for Zero-Rated Sales in Multinational Branch Case













