The Bureau of Internal Revenue Philippines (BIR)

BIR New Form No. 1709

22 Jul: BIR Releases New Form to Address Tax Leaks

The Bureau of Internal Revenue (BIR) released Revenue Regulations (RR) No. 19-2020 prescribing the utilization of the new BIR Form No. 1709, otherwise known as the Information Return on Related Party Transactions (Domestic and/or Foreign), which replaces BIR Form No. 1702H or Information Return on Transactions with Related Foreign Persons.

BIR Clearance Application POGO

16 Jul: BIR Revises Guidelines and Requirements on BIR Clearance Application of POGO Licensees and Service Providers

The Bureau of Internal Revenue (BIR) releases Revenue Memorandum Circular (RMC) No. 64-2020 indicating revisions on guidelines and requirements of Philippine Offshore Gaming Operator (POGO) Licensees and Service Providers in applying for BIR clearance. The compliance for BIR clearance application is substantial for POGO Licensees and Providers to secure the resumption of their operations in the Philippines.

BIR VAT Refund Claims

09 Jul: BIR Further Extends the Deadline on Filing of VAT Refund Claims

The Bureau of Internal Revenue (BIR) released Revenue Regulations (RR) No. 16-2020 to further extend the deadline of application for Value-Added Tax (VAT) refund claims. Due to the adjustments on business processes caused by the COVID-19 pandemic, BIR extends the VAT filing for thirty (30) days from the lifting of the quarantine period.

BIR Tax Amnesty on Delinquencies

02 Jul: BIR Releases Amendments on Period and Manner of Availment of Tax Amnesty on Delinquencies

The Bureau of Internal Revenue (BIR) released Revenue Regulations (RR) No. 15-2020 to amend certain provisions of the RR No. 4-2019 relative to Tax Amnesty on Delinquencies (TAD). Under the released amendments, BIR further extends the deadline on the availment of tax amnesty on delinquencies and suspends the due dates for filing and application within the period of the community quarantine.