Tax Archives

Nov 22, 2017 08:56 AM

BIR No. 2 man quits post
The No. 2 man in the Bureau of Internal Revenue (BIR) who played a critical role in raising

Nov 22, 2017 08:36 AM

BIR launches Seal of Honesty Certification Program
This is to announce the official launch of the Seal of Honesty (SOH) Certification Program

Aug 01, 2017 05:57 AM

BIR slaps Mighty Corp. with P9.5-B tax evasion suit
The Bureau of Internal Revenue (BIR) yesterday filed a P9.56-billion tax evasion suit against local cigarette manufacturer Mighty Corporation (MC)

Feb 08, 2017 05:41 AM

RMO No. 66-2016
Prescribes guidelines for tax treatment of separation benefits

Jul 05, 2016 07:03 AM

RMO No. 38-2016
Revokes RMO Nos. 24-2016 and 25-2016

Jul 05, 2016 07:02 AM

RMO No. 25-2016
Supplements RMO No. 24-2016

Jul 05, 2016 07:00 AM

RMO No. 24-2016
Prescribes the investigation of parties in transactions involving transfer/assignment/sale of properties

Feb 03, 2016 02:27 AM

BIR extends deadline for shift to non-thermal receipts to Dec 31
MANILA, Philippines — The Bureau of Internal Revenue (BIR) has given new businesses until yearend

Dec 01, 2015 07:58 AM

BIR clarifies tax treatment for Uber, GrabTaxi
MANILA, Philippines – The Bureau of Internal Revenue has clarified the tax treatment for transport network

Dec 01, 2015 07:53 AM

BIR reshuffles revenue district officers
Commissioner Kim S. Jacinto-Henares of the Bureau of Internal Revenue (BIR) has reshuffled at least 23

Nov 10, 2015 07:45 AM

RMC No. 57-2015
Submission of Inventory List and Other Reporting Requirements

Nov 10, 2015 07:43 AM

RMC No. 61-2015
EXTENDING THE DEADLINE FOR SUBMISSION OF INVENTORY LIST

Apr 10, 2015 01:47 AM

eBIRForms – Bureau of Internal Revenue
Form No. Latest Revision Date Form Name 1 0605 July 1999 (ENCS) Payment Form 2 1600 September 2005 (ENCS) Monthly Remittance Return of…

Mar 26, 2015 09:25 AM

RMO No. 7-2015
Prescribes and implements the revised consolidated Schedule of Compromise Penalties for Violations of the National Internal Revenue Code
March 23, 2015 | Digest | Full Text | Annex A

Mar 26, 2015 09:23 AM

RMC No. 9-2015
Circularizes the enhanced BIR registration forms for the implementation of Taxpayer Registration System under Electronic Tax Information System (eTIS-1)
March 11, 2015 | Digest | Full Text | Form 1901 | Form 1902 | Form 1903 | Form 1904 | Form 1905 | Form 2305

Mar 25, 2015 09:38 AM

RR No. 5-2014
Amendment to RR No. 5-2014 dated september s, 2014 and lmposition of Penalties for Failure to File Returns Under the Electronic Systems
March 17, 2015

Mar 19, 2015 08:08 AM

RR 5-2015
Amends RR N0. 6-2014 and imposes the penalties for failure to file returns under the electronic system of the BIR by taxpayers mandatorily covered by eFPS or eBIRForms (Published in Manila Bulletin on March 19, 2015)
March 17, 2015 | Full Text | Annex A

Mar 19, 2015 08:05 AM

RR No. 6-2014
Prescribes the mandatory use of Electronic BIR Forms in filing of all tax returns by non-electronic Filing and Payment System filers particularly accredited tax agents/practitioners..(Published in Manila Bulletin on September 9, 2014)
September 8, 2014 | Digest | Full Text

Mar 17, 2015 05:45 AM

RR No. 3-2015
Implements the provision of RA No. 10653, more particularly on the increase to P 82,000.00 of the total amount of exclusion from gross income for 13th month pay and other benefits.. (Published in Manila Bulletin on March 16, 2015)
March 13, 2015 | Digest | Full Text

Mar 17, 2015 05:38 AM

RMO No. 5-2015
Amends RMO No. 4-2015 on the allocation of the CY 2015 BIR collection goal by implementing office
March 12, 2015 | Digest | Full Text | Annexes Table 1 to 5

Mar 17, 2015 05:06 AM

RMO No. 5-2015
Amends RMO No. 4-2015 on the allocation of the CY 2015 BIR collection goal by implementing office
March 12, 2015 | Digest | Full Text | Annexes Table 1 to 5

Mar 17, 2015 04:58 AM

RR No. 4-2015
Amends further Section 2 of RR No. 13-08, as amended by RR No. 13-2013, relative to the definition of raw sugar and raw cane sugar for Value-Added Tax purposes
(Published in Manila Bulletin on March 16, 2015)
March 13, 2015 | Digest | Full Text

Mar 17, 2015 04:40 AM

RR No. 2-2015
Amendments to the Mandatory Submission of SAWT, MAP, BIR Form No. 2307 and BIR Form N. 2316 under RR No. 2-2015

Mar 13, 2015 06:06 AM

Income tax credit for April 15 by Joanna P. Manuel
APRIL 15 is just around the corner. It’s the time of the year when corporate taxpayers are finalizing their annual income tax returns (ITRs) based on their audited financial statements.

Mar 13, 2015 05:54 AM

Effectivity of RR 2-2015
RR 2-2015 requires that, for large taxpayers, CWT certificates to be attached to the SAWT/ITRs should be in scanned/PDF copies and stored in DVD-R.
(See Tax Bulletin dated March 10)

Mar 13, 2015 05:38 AM

Bank Bulletin No. 2015-03
Implementation of Certain Policies in the Acceptance of Income Tax Returns During the 2015 Income Tax filing Period
March 9, 2015 | Full Text

Mar 13, 2015 05:29 AM

RMC No. 9-2015
Circularizes the enhanced BIR registration forms for the implementation of Taxpayer Registration System under Electronic Tax Information System (eTIS-1)
March 11, 2015 |
Full Text | Form 1901 | Form 1902 | Form 1903 | Form 1904 | Form 1905 | Form 2305

Mar 13, 2015 05:18 AM

Electronic Tax Information System (eTIS):
The Taxpayer Registration System (TRS) of the Electronic Tax Information System (or eTIS-1) was rolled out in two pilot offices on February 12, 2015

Mar 13, 2015 04:00 AM

RMC No. 2-2015
Informs taxpayers relative to the availability of certain Annual Income Tax and Excise Tax Returns in Offline eBIRForms Package, which could be submitted thru the eFPS
January 9, 2015 | Digest | Full Text

Mar 13, 2015 03:58 AM

RR No. 2-2015
Amends pertinent provisions of Revenue Regulations (RR) No. 2-2006 and RR No. 11-2013 with respect to the submission of copies of BIR Form Nos. 2307 and 2316
March 5, 2015 | Full Text | Annex A | Annex B | Annex C

Mar 12, 2015 10:52 AM

One Lightning Corporation
Posted: 10 March 2015

Mar 12, 2015 10:48 AM

CIR’s Announcement re: eFPS and eBIRForms:
Identifiedtaxpayers are mandated to enroll, file their returns and pay their taxes early using the Electronic Filing and Payment Systerm (eFPS) or Electronic Bureau of Internal Revenue Forms (eBIRForms) to avoid administrative consequences.

Mar 10, 2015 09:53 AM

RMC No. 7-2015
Reiterates the tax treatment of interest income derived from long-term deposits or investments certificates as described in RR No. 14-2012 and clarified in RMC Nos. 77-2012 and 81-2012
March 6, 2015 | Full Text

Mar 10, 2015 09:51 AM

Bank Bulletin No. 2015-02
Acceptance of Tax Returns/Payments of Internal Revenue Taxes by Authorized Agent Banks (AABs) on March 28, 2015 and April 11, 2015, Saturdays, and Extension of Banking Hours up to 5:00 P.M.
February 2, 2015 | Full Text

Jan 28, 2015 02:10 AM

RMC No. 6-2015
Publishes the full text of Executive Order No. 173 entitled “Reduction and Condonation of Real Property Taxes and Interest/Penalties Assessed on the Power Generation Facilities of Independent Power Producers under Build-Operate-Transfer Contracts with Government-Owned and/or -Controlled Corporations”
January 22, 2015 | Digest | Full Text

Jan 28, 2015 02:08 AM

RMC No. 5-2015
Publishes the full text of Presidential Administrative Order No. 45 entitled “Revoking Letter of Instruction No. 1479, Series of 1985”
January 22, 2015 | Digest | Full Text

Jan 20, 2015 02:03 AM

RMC No. 4-2015
Publishes the full text of Department Order No. 107-2014 issued by the DOF entitled “Rules on Accreditation with the Bureau of Customs for PEZA Locators”
January 13, 2015 | Digest | Full Text

Jan 12, 2015 10:03 AM

RR No. 1-2015
Further amends RR Nos. 2-98 and 3-98, as last amended by RR Nos. 5-2008, 5-2011 and 8-2012, relative to “De Minimis Benefits”
(Published in Manila Bulletin on January 6, 2015)
January 5, 2015 | Digest | Full Text

Jan 12, 2015 10:01 AM

RMO No. 1-2015
Further amends certain provisions of RMO No. 10-2014, as amended by RMO No. 33-2014
January 7, 2015 | Digest | Full Text | Annex A | Annex A-1 | Annex B | Annex C | Annex D | Annex E | Annex F |

Jan 12, 2015 09:18 AM

RMC No. 1-2015
Circularizes the revised BIR Form No. 0217 (Application for Contractor’s Final Payment Release Certificate) November 2014 ENCS
January 7, 2015 | Digest | Full Text | Annex A

Jan 12, 2015 09:15 AM

RMC No. 2-2015
Informs all taxpayers and others concerned relative to the online submission of certain Annual Income Tax and Excise Tax Returns thru the eFPS
January 9, 2015 | Digest | Full Text

Jan 12, 2015 09:13 AM

Tax reminders at the start of the year
BIR Annual registration fee — As a basic compliance requirement with the BIR, the annual registration fee should be paid on or before Jan. 31, 2015.

Jan 05, 2015 03:34 AM

RMC No. 86-2014
Clarifies the valuation of contributions or gifts actually paid or made in computing taxable income
December 5, 2014 | Digest | Full Text | BIR Form No. 2322

Jan 05, 2015 03:31 AM

RR No. 10-2014
Amends further Section 3 of RR No. 9-2001, as amended, expanding the coverage of taxpayers required to file
December 10, 2014 | Digest | Full text

Dec 12, 2014 01:50 AM

Revenue Regulations No. 10-2014
Amends further Section 3 of RR No. 9-2001, as amended, expanding the coverage of taxpayers required to file..
December 10, 2014 | Digest | Full text

Dec 12, 2014 01:46 AM

PUBLIC HEARING: Revised Schedule of Compromise Penalties
The BIR shall conduct a Public Hearing on the draft revenue issuance entitled
December 18, 2014 | Notice | Annex A for Comments

Dec 11, 2014 10:11 AM

ADVISORY FOR eDST System Users:
Payment of Documentary Stamp Tax, for purposes of utilization in the eDST System, cannot be processed…

Dec 11, 2014 10:10 AM

Starting on September 24, 2014, selected Non-Electronic Filing and Payment System (Non-eFPS) filers are mandated to use the Electronic BIR Forms (eBIRForms) in the preparation and filing of all their tax returns

Dec 11, 2014 10:05 AM

RMO No. 38-2014
Prescribes the uniform policies and guidelines on the implementation of cash disbursements for tax refunds thru the Trust Receipt Fund
December 9, 2014 | Full Text | Annex A | Annex B | Annex C | Annex D | Annex E | Annex F | Annex G

Dec 11, 2014 10:00 AM

RMC No. 86-2014
Clarifies the valuation of contributions or gifts actually paid or made in computing taxable income
December 5, 2014 Digest | Full Text | BIR Form No. 2322

Dec 11, 2014 09:59 AM

RMC No. 87-2014
Suspends all audit and other field operations of the BIR effective December 16, 2014
December 9, 2014 | Full Text

Dec 08, 2014 01:40 AM

SEC MEMORANDUM CIRCULAR NO. 21
Guidelines Governing the Computation of Corporate Term
Posted: 1 December 2014

Dec 08, 2014 01:22 AM

Public Seminar for Financing Companies on 12 December 2014
Posted: 28 November 2014

Dec 08, 2014 01:22 AM

Public Seminar for Foundation on 11 December 2014
Posted: 28 November 2014

Dec 05, 2014 03:04 AM

RMC No. 82-2014
Publishes the full text of Joint Circular No. 002.2014 of the DOF, DBM, BOC and BIR, providing for the establishment of…
Dec 2, 2014 | Full Text | Joint Circular

Nov 12, 2014 07:43 AM

AMENDMENT TO THE REVISED CODE OF CORPORATE GOVERNANCE

Nov 12, 2014 07:42 AM

NOTICE: AMENDMENT TO THE REVISED CODE OF CORPORATE GOVERNANCE

Nov 12, 2014 07:41 AM

COMPLIANCE WITH SEC MEMORANDUM CIRCULAR NO. 9 SERIES OF 2014
To grant extension of compliance with subject MC 9 is until 31 DECEMBER 2014. Basic penalty of P20,000

Nov 07, 2014 01:25 AM

RR No. 9-2014
Further amends the provisions of RR No. 7-2014, specifically the deadlines prescribed under Section 13 thereof
November 5, 2014 | Full Text

Nov 07, 2014 01:24 AM

RMC No. 79-2014
Clarifies the tax treatment of stock option plans and other option plus
November 3, 2014 | Full Text

Oct 30, 2014 06:31 AM

RMC No. 78-2014
Circularizes clarifications on the requirement of FDA Certification for the feed ingredients enumerated in RMC No. 66-2014
October 24, 2014 | Digest | Full Text

Oct 30, 2014 06:18 AM

RMC No. 77-2014
Clarifies certain requirements on the processing of applications for cash conversion of Tax Credit Certificates
October 13, 2014 | Digest | Full Text

Oct 30, 2014 06:16 AM

RMC No. 70-2014
Clarifies the requirements for the issuance of Certifications on Outstanding Tax Liabilities/Delinquency Verification Slips
September 9, 2014 | Digest | Full Text

Oct 30, 2014 06:13 AM

BIR CLARIFIES REQUIREMENTS FOR PROCESSING OF TAX REFUND, TCC CASH CONVERSION AND VAT MONETIZATION

Oct 30, 2014 06:10 AM

RR No. 8-2014
Amends the provisions of RR No. 7-2014, specifically the deadlines prescribed under Section 13
October 17, 2014 | Digest | Full Text

Oct 30, 2014 06:08 AM

RR No. 7-2014
Prescribes the affixture of Internal Revenue Stamps on imported and locally manufactured cigarettes
September 12, 2014 | Digest | Full Text | Annex A

Oct 28, 2014 02:46 AM

RMC No. 78-2014
Circularizes clarifications on the requirement of FDA Certification for the feed ingredients enumerated in RMC No. 66-2014…
October 24, 2014 | Full Text

Oct 21, 2014 05:51 AM

RR No. 7-2014
Prescribes the affixture of Internal Revenue Stamps on imported and locally manufactured cigarettes and the use of the Internal Revenue Stamp Integrated System (IRSIS)
September 8, 2014 | Digest | Full Text | Annex A

Oct 21, 2014 05:33 AM

RMC No. 77-2014
Clarifies certain requirements on the processing of applications for cash conversion of Tax Credit Certificates
October 13, 2014 | Full Text

Oct 21, 2014 05:32 AM

RR No. 8-2014
Amends the provisions of RR No. 7-2014, specifically the deadlines prescribed under Section 13 thereof…
October 17, 2014 | Digest | Full Text

Oct 08, 2014 06:53 AM

RMC No. 5-2014
Clarifies the provisions of RR No. 1-2014 pertaining to the submission of Alphabetical List of Employees/Payees of Income Payments
January 29, 2014 | Digest | Full Text | Annex A

Oct 08, 2014 06:46 AM

RR No. 1-2014
Amends the provisions of RR No. 2-98, as further amended by RR No. 10-2008, specifically on the submission… (Published in Manila Bulletin on January 13, 2014)
January 10, 2014 | Digest | Full Text

Oct 08, 2014 06:40 AM

RMC No. 54-2014
Clarifies the issues relative to the application for Value-Added Tax (VAT) refund/credit under Section 112 of the Tax Code, as amended
June 17, 2014 | Digest | Full Text | Annex A | Annex B

Sep 22, 2014 09:46 AM

SEC Memorandum Circular No. 19
Submission of the Anti-Money Laundering Operating Manual and Anti-Money Laundering Compliance Form
Date Posted: 17 September 2014

Sep 22, 2014 09:42 AM

SEC Memorandum Circular No. 18
Compliance with SEC Memorandum Circular No. 11, Series of 2014
Date Posted: 2 September 2014

Sep 22, 2014 09:40 AM

SEC Memorandum Circular No. 17
Participation and Support in the conduct of National Risk Assessment
Date Posted: 22 August 2014

Sep 22, 2014 03:01 AM

RMC No. 74-2014
Announces the availability of BIR Form Nos. 2200-A (Excise Tax Return for Alcohol Products)
September 17, 2014 | Full Text

Sep 22, 2014 03:00 AM

RMC No. 73-2014
Clarifies the Withholding Tax rates on dividend payments to Philippine Central Depository Nominees
September 15, 2014 | Full Text

Sep 10, 2014 03:03 AM

RR No. 6-2014
Prescribes the mandatory use of electronic BIR Forms in filing of all tax returns by non-electronic Filing and Payment System filers particularly accredited tax agents/practitioners…
September 8, 2014 | Digest | Full Text

Aug 29, 2014 08:57 AM

Revenue Memorandum Circular No. 66-2014
amends RMC No. 55-2012 relative to the requirement of Food and Drug Administration Certification for importations of livestock and poultry feeds or ingredients.

Aug 29, 2014 08:55 AM

Revenue Memorandum Order No. 31-2014
prescribes the regular updating of content of the BIR website using the new Content Management System.

Aug 27, 2014 01:15 AM

SEC MEMORANDUM CIRCULAR NO. 10 Series of 2014
GUIDELINES AND DIRECTIVES TO ASSIST ISSUERS OF SECURITIES LISTED AND TRADED IN THE PHILIPPINE

Aug 04, 2014 09:19 AM

RMO No. 28-2014
Amends the Revised Code of Conduct for Revenue Officials and Employees as implemented by RMO No.53-2010
July 28, 2014 | Full Text | Joint Memorandum Circular No. 2010-01

Aug 04, 2014 09:17 AM

REVENUE REGULATIONS NO. 5-2014
Amending Revenue Regulations No. 17-2013 dealing with the “Preservation of Books of Accounts and Other Accounting Records”

Aug 04, 2014 09:14 AM

RMC No. 60-2014
Clarifies the applicability of RMC No. 8-2014 to General Professional Partnership in relation to RMC No. 3-2012
July 24, 2014 | Full Text

Aug 04, 2014 09:11 AM

RMC No. 61-2014
Revokes the BIR Ruling No. DA (OSL-AI) 001-2008, which declared that Creditable Withholding taxes fail within the coverage of Republic Act 9480 otherwise known
July 30, 2014 | Full Text

Jul 30, 2014 07:58 AM

RMO. 27 – 2014
Amending Certain Provisions of Revenue Memorandum Order No. 10-05, Prescribing the Policies and Procedures in the Accreditation of Cash Register Machine (CRM), Point of Sale (POS), Other Sales Machines

Jul 23, 2014 02:30 AM

Schedule of follow-up in BIR-ICCs/BCCs application
To facilitate processing of the applications, the following schedule..

Jul 14, 2014 02:31 AM

BIR clarifies exemption of livestock and poultry feeds from VAT
30 June 2014 | View PDF

Jul 14, 2014 02:18 AM

BIR issues supplemental guidelines on importer and customs broker accreditation
23 June 2014 | View PDF

Jul 10, 2014 04:28 AM

RMC No. 56-2014
Extends the deadline for submission of sales reports for the months of May and June 2014 via the enhanced and integrated Electronic Accreditation and Registration (eAccreg) and Electronic Sales Reporting (eSales)
July 1, 2014 | Full Text

Jul 10, 2014 04:25 AM

RMC No. 55-2014
Clarifies the livestock and poultry feeds or ingredients used in the manufacture of finished feeds to be exempt from VAT
June 27, 2014 | Digest | Full Text

Jul 01, 2014 03:19 AM

RMC NO. 51- 2014
clarifies the inurement prohibition under Section 30 of the National Internal Revenue Code (NIRC) of 1997

Jul 01, 2014 03:17 AM

RMO No. 22-2014
Precribes supplemental guidelines, policies and procedures in the accreditation of importers and customs brokers as embodied
June 20, 2014 | Full Text

Jul 01, 2014 03:16 AM

RMO No. 23-2014
Clarifies and consolidates the obligations of government agencies, bureaus and instrumentalities as Withholding Agents
June 20, 2014 | Full Text

Jul 01, 2014 03:14 AM

RMC NO. 54-2014
issued on June 17, 2014 clarifies the issues relative to the application for Value – Added Tax (VAT)

Jul 01, 2014 03:09 AM

RMC NO. 54-2014
clarifies the issues relative to the application for Value-Added Tax (VAT) refund/credit under Section 112 of the Tax Code, as amended.(VAT)

Jun 02, 2014 06:37 AM

CMO 11-2014
Revised guidelines for Registration of Importers and Customs Brokers with the Bureau of Customs (BOC) pursuant to DOF Department Order No. 33-2014
View article

Jun 02, 2014 05:48 AM

DO 33-2014
Extension of application period for importers and customs brokers
View Article

Jun 02, 2014 05:33 AM

BOC CMO 04-2014
Policies, guidelines and procedures for the Accreditation of Importers
View Article