The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 91-2023 (dated 11 September 2023) providing amended guidance on value added tax (VAT) related issues for registered business enterprises (RBEs) under Rule 18 Section 5 of the implementing regulations under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act.
Source: KPMG
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