Title
Exchange Rate Rules for Tax Conversion
Law
Bir Revenue Memorandum Circular No. 76-91
Decision Date
Sep 12, 1991
BIR Revenue Memorandum Circular No. 76-91 establishes the rules for converting U.S. dollars and other foreign currencies to Philippine pesos for the income tax obligations of non-resident citizens, utilizing average interbank reference rates for the relevant taxable year.

Analyze Cases Smarter, Faster
Jur helps you analyze cases smarter to comprehend faster, building context before diving into full texts. AI-powered analysis, always verify critical details.