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24 April 2026

Tax Updates February 2026 (SyCipLaw Tax Issues And Practical Solutions (T.I.P.S.) Vol. 43)

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SyCip Salazar Hernandez & Gatmaitan

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SyCip Salazar Hernandez & Gatmaitan was founded in 1945 and is a leading full-service law firm in the Philippines. Its principal office is in Makati City, with branch offices in Cebu City, Davao City and the Subic Bay Freeport Zone. The firm offers a broad and integrated range of legal services, with departments in the following fields: banking, finance and securities; special projects; corporate services; litigation and dispute resolution; employment law and immigration; intellectual property; and tax.
SyCipLaw's Tax Department addresses eight critical tax issues in their February 2026 bulletin, ranging from refund claim documentation requirements to the validation of Letters of Authority.
Philippines Tax
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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:

  1. 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?
  2. Is a Final Assessment Notice automatically void if it substantially reiterates the Preliminary Assessment Notice?
  3. 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?
  4. 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?
  5. How can a taxpayer file the tax return and pay the tax for purely cash donations?
  6. What is covered by the lifting of audit suspension under Revenue Memorandum Circular No. 8-2026?
  7. What is the Single-Instance Audit Framework under Revenue Memorandum Circular No. 1-2026?
  8. 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.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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