The Bureau of Internal Revenue (BIR) has issued a new Revenue Memorandum Order (RMO). This aims to simplify the process for developers of socialized and economic housing projects to avail of tax exemptions. This move aims to accelerate the delivery of affordable housing in the country.
BIR Commissioner Charlito Martin R. Mendoza signed RMO No. 48-2025 on December 19, 2025. The order gives full effect to Republic Act (RA) No. 7279 and RA No. 10884, as well as Executive Order No. 226. It significantly reduces the documentary requirements for tax exemption.
Under the new RMO, developers can apply for a Certificate of Tax Exemption with fewer documents. A Socialized Housing Certification from the appropriate housing authority is now sufficient. This certification must be attached to a letter-request in accordance with existing BIR rules.
Commissioner Mendoza said that this reform ensures tax incentives are delivered faster and more efficiently. It removes unnecessary administrative hurdles that slow down housing development. The new RMO aligns with the government’s initiative to streamline and digitalize housing development processes.
The government aims to accelerate the delivery of affordable, safe, and inclusive housing. President Ferdinand R. Marcos, Jr. has made this a priority. By simplifying procedural requirements, the RMO helps lower compliance costs and shorten processing times.
The new RMO also encourages greater private-sector participation in socialized and economic housing. It designates the Deputy Commissioner of the Legal Group as the authorized signatory for rulings and Certificates of Tax Exemption. This ensures efficiency and consistency in processing applications.
Finance Secretary Frederick D. Go has guided the BIR to reinforce its commitment to ease of doing business. The BIR must also ensure effective inter-agency coordination and inclusive housing development. Tax incentives granted by law must directly contribute to more affordable housing for Filipino families.
RMO No. 48-2025 is a significant step towards achieving this goal. It simplifies the tax exemption process for socialized and economic housing projects. The order is a result of the government’s efforts to streamline and digitalize housing development processes.
The Joint Memorandum Circular on Housing Development outlines the government’s broader initiative. The BIR’s new RMO supports President Marcos’s priority to accelerate affordable housing delivery. It aligns with this initiative.
The new RMO is expected to have a positive impact on the housing sector. It will encourage more developers to participate in socialized and economic housing projects. This will lead to an increase in the supply of affordable housing units.
The BIR’s commitment to ease of doing business and effective inter-agency coordination is crucial. It ensures that tax incentives are delivered efficiently and effectively. The new RMO is a significant step towards achieving this goal.
In conclusion, the BIR’s new RMO is a welcome development for the housing sector. It simplifies the tax exemption process for socialized and economic housing projects. The order aligns with the government’s initiative to streamline and digitalize housing development processes.
The new RMO is expected to have a positive impact on the housing sector. It will encourage more developers to participate in socialized and economic housing projects. This will lead to an increase in the supply of affordable housing units.
The BIR’s commitment to ease of doing business and effective inter-agency coordination is crucial. It ensures that tax incentives are delivered efficiently and effectively. The new RMO is a significant step towards achieving this goal.
As the government continues to work towards delivering affordable housing, the BIR’s new RMO marks a notable advancement. It simplifies the tax exemption process. The RMO also encourages greater private-sector participation in socialized and economic housing.
The new RMO is a result of the government’s efforts to streamline and digitalize housing development processes. It aligns with the Joint Memorandum Circular on Housing Development. The circular outlines the government’s broader initiative. The BIR’s new RMO also supports President Marcos’s priority. Specifically, it helps him to accelerate the delivery of affordable housing.
In the coming months, the BIR is expected to continue working towards its goal. They aim to deliver tax incentives efficiently. They also want to achieve effective delivery. The new RMO is a significant step towards achieving this goal.
The housing sector is expected to benefit from the new RMO. It will encourage more developers to participate in socialized and economic housing projects. This will lead to an increase in the supply of affordable housing units.
The BIR’s commitment to ease of doing business and effective inter-agency coordination is crucial. It ensures that tax incentives are delivered efficiently and effectively. The new RMO is a significant step towards achieving this goal.
Overall, the BIR’s new RMO is a welcome development for the housing sector. It simplifies the tax exemption process for socialized and economic housing projects. The order aligns with the government’s initiative to streamline and digitalize housing development processes.
The new RMO is expected to have a positive impact on the housing sector. It will encourage more developers to participate in socialized and economic housing projects. This will lead to an increase in the supply of affordable housing units.
The BIR’s commitment to ease of doing business and effective inter-agency coordination is crucial. It ensures that tax incentives are delivered efficiently and effectively. The new RMO is a significant step towards achieving this goal.
Simplifying Tax Exemptions for Affordable Housing
