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Showing 16 results: Revenue Regulations issued in 2008

BIR issuances
No. of Issuance Subject Date of Issue Action
RR No. 16-2008Implements the provisions of Section 34(L) of the Tax Code of 1997, as amended by RA No. 9504, on the Optional Standard Deduction allowed to individuals and corporations in computing their taxable incomeDec 18, 2008View
RR No. 15-2008Prescribes the manner of computing the incremental revenue to be used as basis of the 15% share of the beneficiary provinces producing burley and native tobacco in the Excise Tax collection from tobacco products under R.A. No. 8240Dec 10, 2008View
RR No. 14-2008Amends further Section 2.57.2(M) of RR No. 2-98, as amended, increasing the coverage of withholding tax agents who are required to withhold 1% from regular suppliers of goods and 2% from regular suppliers of services from the top 10,000 to top 20,000 private corporationsDec 8, 2008View
RR No. 13-2008Consolidates regulations on advance Value-Added Tax on the sale of refined sugar and amends and/or revokes all revenue issuances issued to this effect and for other related purposesOct 6, 2008View
RR No. 12-2008Prescribes the manner of computing the basis of the 15% allocable share of the beneficiary provinces in the Excise Tax collection from locally manufactured Viginia-type cigarettesSep 25, 2008View
RR No. 11-2008Consolidates and updates all existing Revenue Regulations on primary registration, its updates and cancellationSep 24, 2008View
RR No. 10-2008Implements certain provisions of RA No. 9504 entitled "An Act Amending Sections 22, 24, 34, 35, 51 and 79 of RA No. 8424, as Amended, Otherwise Known as the National Internal Revenue Code" relative to the withholding of Income Tax on compensation and other concernsSep 24, 2008View
RR No. 9-2008Prescribes the manner of computing the basis of the 15% share of the beneficiary provinces in the Excise Tax collection from locally manufactured Virginia-type cigarettesSep 12, 2008View
RR No. 8-2008Supplements RR No. 09-2004, as amended by RR No. 10-2004, by clarifying that the transactions of Bangko Sentral ng Pilipinas entered into in the exercise of its governmental/regulatory authority are outside of the coverage of the Gross Receipts TaxAug 29, 2008View
RR No. 7-2008Prescribes the regulations to govern the taxation on the sale to the Bangko Sentral ng Pilipinas of gold and other metallic mineral products extracted or produced by small-scale miners and further amends RR No. 2-98, as amendedMay 2, 2008View
RR No. 6-2008Consolidates the regulations prescribing the rules on the taxation of sale, barter, exchange or other disposition of shares of stock held as capital assetsMay 2, 2008View
RR No. 5-2008Further amends Revenue Regulations (RR) Nos. 2-98 and 3-98, as last amended by RR No. 10-2000, with respect to "De Minimis Benefits"Apr 23, 2008View
RR No. 4-2008Amends the venue for filing of tax returns and payment of Capital Gains Tax, Creditable Withholding Tax and Documentary Stamp Taxes due on onerous transfers of real propertis owned by taxpayers classified as large taxpayersApr 17, 2008View
RR No. 3-2008Amends certain provisions of existing Revenue Regulations on the granting of outright Excise Tax exemption on removal of excisable articles intended for export or sale/delivery to international carriers or to tax-exempt entities/agencies and prescribes the provisions for availing claims for product replenishmentMar 7, 2008View
RR No. 2-2008Amends certain rules and regulations relative to the collection and remittance of taxes paid to Authorized Agent Banks (AABs) thru Over-the-Counter and Electronic Filing and Payment System and further amends the Memorandum of Agreement relative to the accreditation of the AABsFeb 29, 2008View
RR No. 1-2008Amends certain provisions of RR No. 10-2006, which prescribes the guidelines and conditions for the tax treatment of Securities Borrowing and Lending transactions involving shares of stocks or securities listed in the Philippine Stock ExchangeFeb 5, 2008View