Tax Alert No. 16 [Latest Edition of the National Internal Revenue Code of 1997, as amended by TRAIN, CREATE, CREATE MORE, EOPT, VAT on Digital Services and CMEPA]

Latest Edition of the National Internal Revenue Code of 1997, as amended by TRAIN, CREATE, CREATE MORE, EOPT, VAT on Digital Services and CMEPA

We are delighted to inform you that our latest edition of the National Internal Revenue Code of 1997 is now available at [LINK].  

This 2025 edition is a vital resource that captures the tax laws enacted under the Comprehensive Tax Reform Program. It aims to provide practitioners, scholars, and citizens with a clear and accessible guide to the evolving landscape of Philippine taxation. 

Inside, you'll find key reforms from: 

• Tax Reform for Acceleration and Inclusion (TRAIN) Law (2018) Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act (2021) 
• Ease of Paying Taxes (EOPT) Act (2024) 
• VAT on Digital Services Act (2024) 
• Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act (2024) 
• Capital Markets Efficiency Promotion Act (CMEPA) (2025) 

For any inquiry or request for assistance, please feel free to contact anyone from our Tax Services group. You may also reach us through this link