The CIR has issued Revenue Regulations (RR) No. 007 - 2025 on February 27, 2025, Implementing the Amendments to Sections 27, 28, and 34 of the National Internal Revenue Code of 1997, as amended by Republic Act No. 12066.
In Section 2 of these regulations, it stated of the Corporate Income Tax Rates for domestic and resident foreign corporations pursuant to Sections 27 and 28 of the Tax Code, as amended by RA No. 12066 as follows:
A. DOMESTIC CORPORATIONS:
B. RESIDENT FOREIGN CORPORATIONS:
Please click the link: https://bir-cdn.bir.gov.ph/BIR/pdf/RR%20No.%207-2025.pdf of the full text of RR No. 007 - 2025.
