In line with Section 3 of Executive Order No. 398, all entities entering into contracts with the government must submit a BIR Tax Clearance Certificate, not only as an eligibility requirement during the bidding stage, but also regularly throughout the contract implementation. Furthermore, Revenue Regulations (RR) No. 17-2024 requires contractors to secure and present an updated Tax Clearance Certificate for Final Settlement of Government Contracts (TCFG) before the final settlement of their obligations.
E-COMMERCE PHILIPPINE TRUSTMARK: BUILDING TRUST IN THE DIGITAL MARKETPLACE
The Department of Trade and Industry (DTI) introduces the Philippine E-Commerce Trustmark as a seal of credibility for online businesses.