R.A. No. 11976 – EASE OF PAYING TAXES ACT

The new law introduces administrative tax reforms and amendments to several sections of the National Internal Revenue Code of 1997.

Circularizing the Lists of Withholding Agents Required to Deduct and Remit the 1% or 2% Creditable Withholding Tax for the

Reversion of Rates of Percentage Tax, Minimum Corporate Income Tax, and Regular Corporate Income Tax on Proprietary Educational Institutions and

In relation to Revenue Regulations (RR) No. 10-2019 and Revenue Memorandum Order (RMO) No. 43-2022, all business taxpayers were mandated