The Bureau of Internal Revenue (BIR) as of March 16, 2020, gave Revenue Memorandum Circular No. 25-2020 (RMC No. 25-2020), which will be effective immediately, titled as “Filing of the 2019 Income Tax Returns and Submission of Required Attachments”. Despite the one-month community quarantine lockdown of the National Capital Region (NCR), the filing of Annual…
A day filled with milestones and successes of the agency with taxpayers at the core of the progress. (Left to right) Deputy Commissioner Celia King, JuanTax CEO Marvin Galang, Finance Secretary Carlos Dominguez III, BIR Commissioner Caesar Dulay, Deputy Commissioner Arnel Guballa and Deputy Commissioner Marissa Cabreros. Philippine International Convention Center, Feb 18 – the…
Digital tax filing and payment are intended to make tax compliance easier. The online tax payment also allows for fast-tracked payment of taxes to the BIR. Payment confirmation is a vital part of validating that your tax forms were successfully filed to the BIR and your tax dues were duly paid. The Payment Confirmation email…
We all love the beauty of online transactions. It’s fast, convenient, and you can accomplish all sorts of tasks without getting up your chair. Even filing your taxes is digitized through the eBIR website (https://efps.bir.gov.ph), which is the official BIR site for filing tax returns online. But first, what is an eBIR Form? The electronic…
The implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law paved the way to a lot of changes in the economy. In providing better services to taxpayers and businesses, The Bureau of Internal Revenue embraced the change through constant improvement of its systems for better tax compliance. July 24, Wednesday, the BIR made…
New changes were implemented last Wednesday, July 24, 2019 as the BIR transitions to apply the provisions under the Tax Reform for Acceleration and Inclusion (TRAIN) Law. With the implementation of the T.R.A.I.N. Law, BIR has issued RMC No. 73-2019: Revised BIR Forms 1604-C, 1604-E, 1604-F & RMC No. 74-2019: Circulation of enhanced BIR Form…
On July 22, 2019, President Rodrigo Duterte addressed the simplification of our tax system in his State of the Nation Address (SONA). A lot of government transactions are known to have confusing lines, long waiting lines, and a lot of paperwork. ABS-CBN News These were the President’s words. For a couple of minutes, the highest…
