BIR Releases Advisory on Computation of Tax Payments Relative to EFPS Facility

Deputy Speaker Rufus Rodriguez calls the Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) to extend the deadline for the filing of annual income tax return (AITR) by at least 30 days.

The Bureau of Internal Revenue (BIR) releases Revenue Memorandum Circular (RMC) No. 38-2020, under the provisions of Revenue Regulations (RR) No. 4-2019 as amended by RR No. 5-2020, declaring changes on the duration for availment of Tax Amnesty on Delinquencies due to current circumstances.

The Bureau of Internal Revenue (BIR) appeals to lawmakers to pass a general tax amnesty law supporting the ₱4.5 trillion outlay for the national government for 2021.

Recently, BIR released RMO No. 43-2022, requiring taxpayers and registered entities to comply with the new “Ask for Receipt” provisions.

BIR publishes the Agency Accountability Timelines under Section 5.0 of the Inter-Agency Task Force (IATF) Memorandum Circular No. 2021-1 titled “Guidelines on the Grant of the Performance-Based Bonus (PBB) for the Fiscal Year (FY) 2021 under Executive Order No. 80, s. 2012” and published under RMC No. 85-2021.

The Bureau of Internal Revenue (BIR) released Revenue Memorandum Circular (RMC) No. 60-2020 emphasizing the required compliance of businesses transacting through digital means. The circular highlights the obligations of online businesses, under the provisions of Section 236 of the Tax Code, to secure registration and tax compliance with BIR.

BIR creates the Alphanumeric Tax Code (ATC) for Excise Taxes on Exports of Sweetened Beverages Products paid through Payment Form – BIR Form No. 0605.

The Bureau of Internal Revenue (BIR) instructed Philippine Offshore Gaming Operators (POGO) to remit their monthly withholding taxes on or before August 10, 2019. Under the mandated modes of filing and payment, employers have to remit withholding taxes from their employees on the 10th day after the end of the previous month.

The Bureau of Internal Revenue (BIR) releases Revenue Regulations (RR) No. 11-2020, pursuant to section 4(z) of the Republic Act No. 11469, otherwise known as “Bayanihan to Heal as One Act”, amending Section 2 of the RR No. 7-2020 further extending the deadlines for submission, filing, and payment of significant documents and/or taxes due to the prolonged implementation of the Enhanced Community Quarantine (ECQ) until May 15, 2020.

Author Trisha Alexis Maingat Trisha Alexis Maingat is a Digital Marketing Specialist juggling ideas to produce concepts for digital and…

The Bureau of Internal Revenue (BIR) revealed its latest tax payment system that will allow Filipinos to settle their final obligations quickly. To expedite the payment of tax dues, BIR unveiled PESONet as its latest bank-to-bank payment platform.

Annually, the Philippines conducts its tax rounds for businesses nationwide. Let’s take a deeper look into the Philippine Business Tax System.

The Bureau of Internal Revenue (BIR) allows manufacturers and importers of COVID-19 essentials to enjoy fiscal incentives during the COVID-19 pandemic.

The Bureau of Internal Revenue (BIR) releases Revenue Regulations (RR) No. 8-2020, pursuant to the provisions of Section 244 of the National Internal Revenue Code (NIRC) as amended, implementing the Section 4(aa) of Bayanihan to Heal as One Act.

BIR teams up with DBP and MyEG for the implementation of an enhanced online tax payment service in the Philippines.