BIR Issues Clarifications on the Suspension of Enlisting/Delisting of Large Taxpayers

BIR Issues Clarifications on the Suspension of Enlisting/Delisting of Large Taxpayers

The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 112-2020 clarifying the postponement of effectivity of the enlisted and delisted taxpayers of the Large Taxpayers Service (LTS) to January 1, 2021, relative to the memorandum released by the Bureau on September 21, 2020.

ON DELISTING OF LARGE TAXPAYERS

  1. The Revenue District Offices (RDOs) or concerned offices at the LTS, where the taxpayers are registered, shall handle all transactions of affected taxpayers under both Head Office/s and Branches prior to July 1, 2020.
  2. All Certificates of Registration shall be valid and allowed for posting at the principal place of business, provided that the concerned offices at the LTS/RDOs issued the certificates to the affected Large Taxpayers on or after July 01, 2020.
  3. Principal and supplementary receipts/invoices shall likewise remain valid provided that those are printed based on duly-approved Authority to Print (ATP) issued on or after July 01, 2020.

All taxpayers concerned are expected to be guided on this circular.

BIR Large Taxpayers

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