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

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 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 amends certain provisions of RR No. 16-2019 to implement the extension of the Estate Tax Amnesty pursuant to RA No. 11569, which amended RA No. 11213 (Tax Amnesty Act).

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) 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.

The Bureau of Internal Revenue (BIR) releases Revenue Memorandum Circular (RMC) No. 39-2020, under the provisions of Revenue Regulations (RR) No. 7-2020 and pursuant to Section 4(z) of the Republic Act (RA) No. 11469 or the “Bayanihan to Heal as One Act”, declaring changes in the statutory deadlines for filing and/or submission of certain documents, returns, and payment of certain taxes.

The BIR announced regulations on VAT zero-rating which covers IT and business process management businesses.

The Bureau of Internal Revenue (BIR) releases Revenue Memorandum Circular (RMC) No. 35-2020, pursuant to Revenue Regulations (RR) No. 8-2020, declaring exemption from Documentary Stamp Tax (DST) as a relief for payment of loans.

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.

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

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) releases Revenue Regulations (RR) No. 10-2020, 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 prolonged implementation of the Enhanced Community Quarantine (ECQ) until April 30, 2020.

The Bureau of Internal Revenue (BIR) released the guidelines for the issuance of a Tax Residency Certificate (TRC). This measure prevents unqualified taxpayers from availing tax treaty benefits and mandates the creation of a database of Filipino residents with foreign-sourced income.

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.