GMA Network

BIR extends validity of receipts, invoices

Due to the clamor of some taxpayers, the Bureau of Internal Revenue (BIR) extended the validity of receipts and invoices, doing away with the five-year validity period. Based on Revenue Regulations No ...
BusinessMirror

BIR reminds businesses: Display ‘Notice to Issue Receipt/Invoice’ always

STARTING July 1, the “Notice to Issue Receipt/Invoice (NIRI)” is replacing the “Ask for Receipt” Notice (ARN) previously issued by the Revenue District Offices (RDOs)/Large Taxpayers (LT) Division to ...
BusinessWorld

BIR may exempt small farmers from receipt, invoice requirement

THE Bureau of Internal Revenue (BIR) is studying exempting small-scale agricultural producers from issuing receipts or invoices to make doing business easier for them. The BIR on Wednesday released ...
Rappler

[Ask the Tax Whiz] Do agricultural producers need to issue receipts/invoices?

Do agricultural producers have to issue receipts and invoices for agricultural food product sales? Under Revenue Regulation 12-2023, so long as their annual gross sales/receipts do not exceed P1 ...