BIR Simplifies VAT Zero-Rating Requirements for Registered Business Enterprises’ Local Purchases

• The BIR issued RMC No. 66-2025 to clarify VAT zero-rating documentary requirements for Registered Business Enterprises (RBEs).
• RBEs no longer need to submit a sworn declaration; only the VAT Zero-Rating Certificate from the Investment Promotion Agency is required.
• The BIR retains the right to conduct post-audit checks to ensure purchases are related to the registered project or activity.
• All previous inconsistent issuances are amended or revoked.
• The circular took effect immediately upon issuance.

Source: sunstar.com.ph

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.

---

---