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Tag: Tax Code Section 34(A)

Reasonable Criteria For Tax Deductibility In Philippines
ACCRALAW

Reasonable criteria for tax deductibility in Philippines

By Jacqueline Ann A Tan, ACCRALAW

The BIR’s RMC No.81-2025 sets rules on deductible business expenses, stressing they must be ordinary, necessary, reasonable, and well-documented under Philippine tax law

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