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. 

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.

BIR further amends pertinent provisions of RR Nos. 2-2006 and 11-2013, as amended by RR No. 2-2015, more particularly on the manner of submission of copies of BIR Form Nos. 2307 and 2316.

BIR was lauded for its efforts in putting services closer to taxpayers in the Philippines

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.

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 Bureau of Internal Revenue (BIR) released Revenue Memorandum Circular (RMC) No. 74-2020 amending certain provisions under the RMC 34-2020. This circular has declared change in the suspension period of the statute of limitations.

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 prescribes the Consolidated Revenue Regulations on the affixture of Internal Revenue Stamps on imported and locally manufactured cigarettes, heated tobacco products and vapor products for domestic sale or for export and the use of the Enhanced Internal Revenue Stamp Integrated System (Enhanced IRSIS) for the ordering, distribution, monitoring, report generation and incorporating the strict supervision of production, release, affixture, inventory, and sale of cigarettes.

BIR provides the guidelines in the filing of returns and payment of corresponding taxes due thereon, and submission of reports and attachments falling within the period from August 6 to 20, 2021 for taxpayers under ECQ and MECQ.

BIR clarifies the taxation of any income received by social media influencers.

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

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.

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) releases Revenue Memorandum Circular (RMC) No. 36-2020, pursuant to Revenue Regulations (RR) No. 8-2020 and RMC No. 35-2020, clarifying the exemption from Documentary Stamp Tax (DST) as a relief for payers of qualified loans.