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.

Author Trisha Alexis Maingat Atty. Trisha Alexis R. Maingat is a Philippine lawyer providing strategic legal services in tax and…

The Bureau of Internal Revenue (BIR), in an advisory published on April 28, released the deadlines for the filing of amended Annual Income Tax Returns (AITRs) and required attachments in the electronically-filed AITR of the taxable period ending on December 31, 2020. The Bureau strictly reminds taxpayers the due dates for filing to avoid penalties.

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.

Businesses operating in the Philippines are required to submit the required documents for their taxes. This article will discuss BIR form 1709 and TPD.

BIR extends the deadline for filing of position papers, replies, protests, documents and other similar letters and correspondences in relation to the ongoing BIR audit investigation and filing of VAT Refund with the VAT Credit Audit Division due to the declaration of ECQ and MECQ in the National Capital Region and other areas of the country.

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.

BIR releases the revised schedule of zonal values of real properties.

The Bureau of Internal Revenue (BIR) started accepting applications from heirs who have to pay for the estate tax dues accumulated by their deceased loved ones. The issuance provides taxpayers with an estate tax amnesty program that gives reasonable tax relief to the outstanding liabilities of heirs from the inheritance of the decedent’s estate.

BIR extends the deadline for the filing of applications and suspends the 90-day processing of VAT refund claims with the VAT Credit Audit Division.

Author Trisha Alexis Maingat Atty. Trisha Alexis R. Maingat is a Philippine lawyer providing strategic legal services in tax and…

BIR amends RMC Nos. 55-2014, 66-2014, and 78-2014 to transfer the requirement for certification from the Food and Drug Administration (FDA) to the Bureau of Animal Industry.

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) releases Revenue Memorandum Circular (RMC) No. 41-2020, relative to Proclamation No. 929 implementing the Enhanced Community Quarantine (ECQ) and Republic Act (RA) No. 11469 or the “Bayanihan to Heal as One Act”, clarifying extensions in the time of application for new Authority to Print (ATP) receipts and/or invoices of taxpayers.

BIR clarifies the computation of Donor’s Tax in case the heir waves/renounces his share from the specific property forming part of the estate of the decedent.