[Ask the Tax Whiz] BIR clarifies rules on donor’s tax on cash donations
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The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 10-2026 to clarify the tax treatment of purely cash donations, including filing and payment procedures, documentary requirements, deductibility rules, and the applicability of the electronic Certificate Authorizing Registration (eCAR).
Below are the key clarifications taxpayers need to know:
1. Filing and payment procedures for donor’s tax on cash donations, including required documents
How is the donor’s
Below are the key clarifications taxpayers need to know:
1. Filing and payment procedures for donor’s tax on cash donations, including required documents
How is the donor’s
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