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MTF Updates – BIR RMC No. 40-2020

Dear Valued Clients and Friends,

We are sending to you a copy of Bureau of Internal Revenue (BIR) Revenue Memorandum Circular (RMC) No. 40-2020 dated April 8, 2020, providing for the implementing rules and regulations of Republic Act No. 11256 (An Act to Strengthen the Country’s Gross International Reserves, Amending for the Purpose Sections 32 and 151 of the National Internal Revenue Code, as Amended, and for Other Purposes).

Should you have questions on the above article, please do not hesitate to contact us at info@mtfcounsel.com.

Thank you,

Mata-Perez, Tamayo & Francisco

April 10, 2020

BIR RMC No. 40-2020
BIR RMC-No.-40-2020-IRR

Contact Information

Our office address:

15/f Unit A. ACT Tower, H.V. Dela Costa St.
Salcedo Village, Makati City 1227 Philippines

Telefax: +632 831-1297

Telephone: +632 808-5375 • +632 815-0069

Email: info@mtfcounsel.com

Partners

Euney Marie J. Mata-Perez
euney.mata-perez@mtfcounsel.com

Mark Anthony P. Tamayo
mark.tamayo@mtfcounsel.com

Gerardo Maximo V. Francisco
gary.francisco@mtfcounsel.com