Summary
RMC No. 66-2025 clarifies the documentary requirements for VAT zero-rating on local purchases of Duly-Registered Business Enterprises (RBEs), in light of RR No. 10-2025.
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Key points
- Sworn declaration removed. The RBE-buyer no longer has to submit a sworn declaration to avail of the zero percent (0%) VAT rate.
- Primary basis. The VAT Zero-Rate Certificate issued by the concerned Investment Promotion Agency is the primary documentary basis for the availment.
- Post-audit. The BIR may still conduct post-audit verification to ensure purchases are directly attributable to the registered project or activity of the qualified RBE.
Who is affected
- Duly-Registered Business Enterprises (RBEs) as buyers
Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.
Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.