[Ask the Tax Whiz] BIR clarifies submission of CETI as attachment to annual ITR

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The Certificate of Entitlement to Tax Incentives (CETI) is a document issued by an Investment Promotion Agency certifying that a registered business enterprise is eligible for tax incentives under Philippine investment laws

There has been recent confusion between Registered Business Enterprises (RBEs) and the Bureau of Internal Revenue (BIR) regarding the requirements to avail their tax incentives.

To smooth this out, BIR issued RMC No. 42-2026, clarifying the submission of Certificate of Entitlement to Tax Incentives (CETI) as an attachment to their Annual Income Tax Return (AITR).

Here are some important questions RBEs ask: