The Bureau of Internal Revenue (BIR), through Revenue Memorandum Circular (RMC) No. 100-2026, is implementing the renewed suspension of excise taxes on liquefied petroleum gas (LPG) and kerosene pursuant to Executive Order (EO) No. 125 by President Ferdinand R. Marcos Jr. under Republic Act (RA) No. 12316. Commissioner Charlito Martin Mendoza explained that this new […]
