04/10/2025
Reminder: Criteria & guidelines on the deductibility of ordinary and necessary expenses under Section 34(A)(1)(a) of the NIRC of 1997, as amended are reiterated for compliance.
For more information, please refer to Revenue Memorandum Circular (RMC) No. 81-2025 posted on the BIR website, or click this link: https://tinyurl.com/RMC812025