The Philippine Bureau of Internal Revenue (BIR) issued Revenue Memorandum Order (RMO) No. 14-2021 (the Order)1 which provides updated guidelines for the processing of tax treaty relief applications (TTRA) on all Philippine-sourced income derived by nonresidents. The guidelines took effect immediately upon their issuance on 31 March 2021.
This Tax Alert summarizes the key changes in the procedures and documents for claiming tax treaty relief.
Summary of key changes
- The submission of a Certifica…