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Closing a business made easier by RMC No. 47-2026

Closing a business in the Philippines may no longer be as complicated as it once was, after the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 47-2026 on May 19. The circular introduces revised guidelines that make it easier for businesses to process their applications for closure and/or cancellation of taxpayer’s business […]

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Source: bworldonline.com

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