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BIR Further Extends the Deadline on the Submission and Filing of Documents, Returns, and Tax Payments
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.
14 Apr 2020
BIR Releases Advisory on Computation of Tax Payments Relative to EFPS Facility
The Bureau of Internal Revenue (BIR) released a tax advisory, issued on March 30, clarifying the amount of tax payments relative to the eFPS facility — a BIR online system for computation of penalties.
02 Apr 2020
BIR Issues Regulations on Estate Tax Amnesty
The Bureau of Internal Revenue (BIR) released its latest issuance for heirs of decedents with outstanding estate tax liabilities on May 29, 2019. Under the latest regulations, the BIR will impose a 6% estate tax amnesty rate for the decedent’s total net taxable estate at the time of their deaths without any penalties.
06 Jun 2019
BIR Sets Tax Remittance Deadline for POGO Firms on August 10
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.
09 Aug 2019
BIR Addresses Concerns on Filing of Tax Returns and Early Tax Payments Before the Extended Deadline
The Bureau of Internal Revenue (BIR) releases Revenue Memorandum Circular (RMC) No. 37-2020, relative to Revenue Regulations (RR) No. 7-2020 and pursuant to Republic Act (RA) No. 11469, otherwise known as the “Bayanihan to Heal as One Act”, addressing the concerns of taxpayers on possible imposition of additional penalties or non-recoveries of taxes paid if they file and pay taxes prior to the implemented extension of tax deadlines
08 Apr 2020
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.
23 Oct 2020
Implementation of the Quarterly Filing of VAT Returns
In its latest advisory, BIR implemented a new payment deadline under the amended subsection of RR No. 13-2018.
26 Jan 2023
BIR Issues Standard Policy on the use of BIR Form No. 0605 For Excise Tax Purposes
The Bureau of Internal Revenue (BIR) released Revenue Memorandum Circular (RMC) No. 97-2020 establishing a standard policy/guidelines on the use of BIR Form No. 0605. The said form shall now be authorized for use on certain transactions only to avoid challenges in monitoring and reconciling the record of taxpayers.
17 Sep 2020
BIR RMO No. 26-2021
Author Trisha Alexis Maingat Atty. Trisha Alexis R. Maingat is a Philippine lawyer providing strategic legal services in tax and…
14 Sep 2021
BIR Releases Tax Residency Issuance Guidelines
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.
29 Oct 2019
BIR Begins Implementation of Estate Tax Amnesty Scheme
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.
25 Jun 2019
BIR Releases Rules on VAT Zero-Rating of Goods and Services
The BIR announced regulations on VAT zero-rating which covers IT and business process management businesses.
17 May 2023
BIR Reminds Online Businesses to Ensure Registration Compliance Under the Tax Code
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.
24 Jun 2020
BIR Praised for Bringing Services ‘Closer’ to Taxpayers
BIR was lauded for its efforts in putting services closer to taxpayers in the Philippines
21 Sep 2022
Election Candidates and Political Parties reminded by BIR to submit their SOCE
The Bureau of Internal Revenue (BIR) reminds all political bets and parties of the 2019 midterm elections to submit their Statement of Contributions and Expenditures (SOCE) to the Commission on Elections (COMELEC) and their Revenue District Office (RDO) on or before June 13.
23 May 2019