Businesses operating in the Philippines are required to submit the required documents for their taxes. This article will discuss BIR form 1709 and TPD.
Bureau of Internal Revenue (BIR)
In its latest advisory, BIR implemented a new payment deadline under the amended subsection of RR No. 13-2018.
Recently, BIR released RMO No. 43-2022, requiring taxpayers and registered entities to comply with the new “Ask for Receipt” provisions.
BIR was lauded for its efforts in putting services closer to taxpayers in the Philippines
BIR teams up with DBP and MyEG for the implementation of an enhanced online tax payment service in the Philippines.
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 extends the deadline for the filing of applications and suspends the 90-day processing of VAT refund claims with the VAT Credit Audit Division.
Revenue Region No. 5-Caloocan City will be conducting a public auction of all seized real properties located within its jurisdiction on September 28, 2021 (9:00 AM) at 6th Floor, BIR Regional Office Building, EDSA Caloocan City.
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.