Category: BIR Regulations

BIR Revenue Memorandum Circular No. 29-2019 (RMC No. 29-2019): Keeping, Maintaining and Registration of Books of Account

On February 26, 2019, the Bureau of Internal Revenue released Revenue Memorandum Circular No. 29-2019 dated February 22, 2019 which provides guidelines in keeping, maintaining and registration of Books of Accounts. RMC 29-2019 was issued pursuant to the National Internal Revenue Code, as amended by Republic Act (R.A.) No. 10963 and in relation to R.A. No. 11032 (Ease of Doing Business and Efficient Government Service…