SyCipLaw’s Tax Department has prepared Tax Issues and Practical Solutions (T.I.P.S.) for February 2026.
The SyCipLaw T.I.P.S. covers the following tax issues:
- Is it necessary to attach a Summary Alphalist of Withholding Taxes and Monthly Alphalist of Payees to a claim for refund of excess and unutilized Creditable Withholding Tax?
- Is a Final Assessment Notice automatically void if it substantially reiterates the Preliminary Assessment Notice?
- Can the chairman of the board of directors of a corporation be held criminally liable for failure to obey a subpoena duces tecum issued by the Bureau of Internal Revenue?
- May a taxpayer, who received an assessment from the local government treasurer and paid the assessed tax thereafter, file a claim for refund of the taxes it supposedly erroneously paid?
- How can a taxpayer file the tax return and pay the tax for purely cash donations?
- What is covered by the lifting of audit suspension under Revenue Memorandum Circular No. 8-2026?
- What is the Single-Instance Audit Framework under Revenue Memorandum Circular No. 1-2026?
- Is there a way to validate the authenticity of a LOA issued to a taxpayer?
Please read the full text here or via this link.
This bulletin was prepared by Catherina M. Fernandez, special counsel and a member of SyCipLaw’s Tax Department, with the assistance of Associates Tatiana Antonyeva A. Cruz, Allan Cairo M. Reyes, and Cesar Tomas T. Solis.
For Further information, please contact:
Catherina M. Fernandez, SyCipLaw
cmfernandez@syciplaw.com
