The Bureau of Internal Revenue (BIR) has eased the requirements for updating computerized accounting systems, cash register machines, point-of-sale systems, and other electronic invoicing systems, giving businesses more time to comply with the new creditable withholding tax (CWT) invoicing rules. Under Revenue Memorandum Circular (RMC) No. 112-2026, issued on October 22, 2026, the BIR clarified […]
