The Bureau of Internal Revenue (BIR) of the Philippines has announced the issuance of Revenue Memorandum Circular No. 098-2026, the implementing rules for mandatory electronic invoicing. The rules cover:
- Small, Medium, and Large Taxpayers engaged in e-commerce or internet transactions;
- Large Taxpayers under the Large Taxpayers Service (LTS);
- Large Taxpayers under the Ease of Paying Taxes (EOPT) framework;
- Taxpayers using a Computerized Accounting System (CAS) and Computerized Book of Acco…