On April 30, 2021, the Bureau of Internal Revenue (BIR) released Revenue Memorandum Circular No. 64-2021. The BIR released this RMC to promote tax compliance among Filipino taxpayers, making sure that they will be able to conveniently e-File and e-Pay with their chosen Tax Software Provider (TSP). As the very first TSP to be certified…
On April 30, 2021, the Bureau of Internal Revenue (BIR) released Revenue Memorandum Circular No. 67-2021. This RMC aims to clarify some issues in relation to the changes to the Percentage Tax Rate under the “Corporate Recovery and Tax Incentives for Enterprises Act” (C.R.E.A.T.E.). JuanTax has already implemented the changes with C.R.E.A.T.E. Law in mind.…
On April 30, 2021, the Bureau of Internal Revenue (BIR) released Revenue Memorandum Circular No. 65-2021. This RMC was shared to describe the guidelines required in order to file for amendments to Quarterly Percentage Tax Returns. This was due to the change in tax rate from 3% to 1% following the Corporate Recovery and Tax…
On April 6, 2021, the Bureau of Internal Revenue (BIR) released Revenue Memorandum Circular No. 46-2021. Sorry, everyone, but there will be no extension. This circular informs Filipino Taxpayers that there will be no extension for the filing of Annual Income Tax Returns (AITR) for the taxable year ending December 31, 2020. The announcement comes…
As of February 26, 2021, The Bureau of Internal Revenue (BIR) released Revenue Memorandum Circular No. 29-2021 (RMC No. 29-2021). This announcement was released to inform Filipino Taxpayers that they will be allowed to use Electronic Signatures (e-Signature) on certain BIR Forms/Certificates. This was done to take into account the mandates given for Republic Act…
As of January 27, 2021, The Bureau of Internal Revenue (BIR) released Revenue Memorandum Circular No. 15-2021 (RMC No. 15-2021) which is effective immediately. This announcement was released to inform Filipino Taxpayers of the relaunching of the Central Business Portal (CBP), a project of the Anti-Red Authority (ARTA) in coordination with the Department of Information…
The Bureau of Internal Revenue (BIR) as of January 26,2021 released Revenue Memorandum Circular No. 17-2021 (RMC No. 17-2021) which is effective immediately. This was released to inform all concerned taxpayers that the deadline of filing BIR Form Nos. 1604-C and 1604-F, including its attachments of the 4th quarter QAP and Annual Alphalist of Employees/Payees…
Availability of the Alphalist Data Entry and Validation Module (Version7.0) and its Updated File Structure, Standard File Naming Convention, and Job-Aids Headline 1: Alphalist Data Entry and Validation Module Version 7.0 now available Headline 2: Updated Version 7.0 of Alphalist Data Entry and Validation now available Summary: The Bureau of Internal Revenue (BIR) as of…
Clarifying Revenue Regulation No. 25-2020 on the Availment of NOLCO for Taxpayers Adopting Fiscal Year Headline 1: Clarification of RR No. 25-2020 relative to NOLCO incurred by businesses Headline 2: Availment of NOLCO for Taxpayers Under Fiscal Year Summary: Businesses or enterprises which incurred net operating loss for taxable year 2020 and 2021 will be…
January 2018 versions for 1604-C, 1604-F, 1604-E now available Summary: Offline eBIRForms 1604-C, 1604-F, 1604-E, now includes January 2018 version The Bureau of Internal Revenue as of November 5, 2020, gave Revenue Memorandum Circular No. 118-2020 (RMC no. 118-2020) which is effective immediately. The subject of this memorandum is “Availability of Offline Electronic Bureau of…
