The Bureau of Internal Revenue (BIR) will amend Revenue Regulation (RR) No. 5-2017, granting Persons With Disabilities (PWD) a discount for select products that may fall under necessities and prime commodities starting in September 2019.

In its latest advisory, BIR implemented a new payment deadline under the amended subsection of RR No. 13-2018.

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.

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.

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.

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

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) 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 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.

The Bureau of Internal Revenue (BIR) releases Revenue Regulations (RR) No. 7-2020 which provides relief to taxpayers who are not able to settle the required documents and taxes subjected for submission, filing, and payments.

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

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.

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

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.