Summary
RMC No. 40-2026 circularizes the Memorandum of Agreement (MOA) between the Commission on Elections (COMELEC) and the BIR dated May 6, 2025.
Key points
- Data sharing framework. The MOA provides a framework for data sharing to ensure compliance with RMC Nos. 97-2023 and 16-2025, which set the tax compliance requirement for candidates and political parties during elections.
- Related rules. It also supports compliance with COMELEC Resolution No. 11109 and other related tax and election laws and regulations.
Who is affected
- Candidates and political parties
- COMELEC and BIR
Deadlines and effectivity
- MOA dated: May 6, 2025
- Issued: April 30, 2026
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.