Please see http://www.taxwaze.com for previous posts.
FOREX Insights, Expert Advisors and Alerts
3 years in a making (ISBN: 978-621-02-3261-5). This book is not for sale.
AITR – 2024
RMC 034-2025 Guidelines in the Filing of Annual Income Tax Returns and Payments Please see attached.
2025 Filing of AFS and GIS
Please see attached SEC MC No. 1 S.2025 for the Annual Filing of AFS and GIS.
Foreign Currency Deposit Accounts Exempt from Estate Tax
The Supreme Court has ruled that foreign currency deposit accounts are exempt from estate tax under Republic Act No. 6426 (RA 6426), also known as the Foreign Currency Deposit Act of the Philippines. See attached GR#262092 dated October 9, 2024 for the full court decision.
Senior Citizen’s booklet no longer required to get senior meds discount – DOH
DOH has issued Administrative Order No. 2024-0017 removing the need for seniors to present a purchase booklet to drugstores together with a valid identification card and a doctor’s prescription to get the discount.
RMO 051-2024
Suspension of All Audit and Other Field Operation of the BIR effective December 16, 2024 Please see attached.
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