As part of the Taxpayers Ease of Doing Business in the community, the CIR of the Bureau has issued Revenue Regulations (RR) No. 6-2022 in relation with the Removal of the Five (5) - Year Validity Period on Receipts/ Invoices. But was clarified through the issuance of Revenue Memorandum Circular (RMC) No. 123-2022 to address and provide uniform answers to the numerous issues and concerns of both internal and external stakeholders of the following:
Please refer: RMC No. 123-2022.pdf (bir.gov.ph) of the full text of Revenue Memorandum Circular (RMC) No. 123-2022.
