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Archive for 2025
RR No. 1-2025: Updates on Tax Incentives Under the TRAIN Law

On January 6, 2025, the Bureau of Internal Revenue (BIR) released Revenue Regulations (RR) No. 1-2025, which revises the provisions of Section 9 of RR No. 25-2003. These amendments pertain to the excise tax exemption process for hybrid and purely electric vehicles, as mandated by the Tax Reform[...]

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