WebTTAAX. X. AADDVVIISSOORRY. Y. Dear value clients, The Bureau of Internal Revenue (BIR) recently issued Revenue Regulations. Nos. 6-2024, 07-2024, 08- 2024, and 09-2024 on June 30, 2024. Web4 Aug 2024 · The Bureau of Internal Revenue (“BIR”) issued Revenue Regulations No. 8-2024 (“RR No. 8-2024”) to provide policies and guidelines for the implementation of Section 237 and 237-A of the National Internal Revenue Code (“NIRC”), as amended by R.A. No. 10963 or the “TRAIN” Law. Essentially, RR No. 8-2024 prescribes requirements on the issuance of …
Value-Added Tax – (Secs. 105 to 115 of the NIRC as amended by …
WebRR No. 8-2005. Amends further pertinent provisions of Revenue Regulations Nos. 2-98 and 3-2004 which provides for the inclusion to income payments subject to Creditable Withholding Tax the Manila Electric Company refund to customers. … Web10 Mar 2024 · SEC. 4.113-3. Accounting Requirements. — Notwithstanding the provisions of Sec. 233, all persons subject to VAT under Sec. 106 and 108 of the Tax Code shall, in addition to the regular accounting records required, maintain a subsidiary sales journal and subsidiary purchase journal on which every sale or purchase on any given day is recorded. hermanshult 2
SC affirms BIR
Webof 2. SEC. 113. Invoicing and Accounting Requirements for VAT-Registered Persons. (A) Invoicing Requirements. - A VAT-registered person shall issue: (1) A VAT invoice for every … WebSection 1. Short Title. – ... [Note: Titles I to XIV of the NIRC (1997) ... When it is found that a person has failed to issue receipts and invoices in violation of the requirements of Sections 113 and 237 of this Code, or when there is reason to believe that the books of accounts or other records do not correctly reflect the declarations ... WebThe Ministry of Corporate Affairs (MCA) vide notification dated 31st March, 2024 has issued new Companies (Indian Accounting Standards) Amendment Rules, 2024… herman shurn