RMC No. 57-2020: Registration and Checklist of Requirements
BIR revised Checklist of Documentary Requirements for Business Registration BIR removes mayor’s permit as mandatory document Summary: Checklist of Documentary Requirements Removal of Mayor’s Permit as a mandatory requirement The Bureau of Internal Revenue has directed online sellers to register their business activities and settle their taxes not later than July 31,2020. Those business owners…
Everything You Need to Know About RMC 60-2020
BIR Guidelines for Business Registration for Online Sellers How to register your online business with the BIR Summary: Basic Registration Guidelines Individuals Non-Individuals Certificate of Registration issuance The Bureau of Internal Revenue (BIR) as of June 01, 2020, gave Revenue Memorandum Circular No. 60-2020 (RMC No. 60-2020), which is effective immediately. The subject of this…
Business Registration for Non-Individuals
A guide on how to register a business for Non-Individuals What makes you a Non-Individual Taxpayer? Corporations and partnerships, no matter how created or organized. Domestic corporations receiving income from sources within and outside the Philippines Foreign corporations receiving income from sources within the Philippines Estates and trusts engaged in trade or business Basic Registration…
Business Registration for Individuals
A guide on how to register a business for Individuals What makes you an Individual Taxpayer? Resident citizens receiving income from sources within or outside the Philippines Employees deriving purely compensation income from two or more employers, concurrently or successively at any time during the taxable year Employees deriving purely compensation income regardless of…
Tax Compliance e-Solutions: JuanTax Fast File VS. eBIRFORMS
Digital payment solutions have become more imperative now that the notorious coronavirus is still looming. Since no one knows when it’s safe to go out again, the Philippine Bureau of Internal Revenue (BIR) reiterates ways on how you can comply with your annual tax requirements from the comforts of your home. What is eBIRForms? Electronic…
Tax Compliance e-Solutions: JuanTax Fast File vs BIR eFPS
Filing your taxes used to be overwhelming before e-solutions became readily available in the country. To make it easier for you to prepare, file, and pay your taxes, the Bureau of Internal Revenue (BIR) opened digital filing channels and partnered with third-party providers that will allow you to comply with your tax requirements in one…
How to you pay your tax through PayMaya Mobile Application
Summary: Pay taxes using PayMaya App How to pay taxes using PayMaya App The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular No. 54-2020 last February 12, 2020, which was made effective today June 01, 2020. The subject of this memorandum is “Payment of Internal Revenue Taxes through the Mobile Application Facility of the…
RMC No. 49-2020: Options in Accepting the Filed 2019 ITR
We summarized important notes for RMC 49-2020. Here’s what you need to know. BIR Released RMC 49-2020 to help taxpayers be tax compliant electronically. Here’s what BIR provided in RMC 49-2020. Summary: Manually – Submission thru RCO Electronically – Submission through eAFS www.bir.gov.ph Click on the icon eAFS Upload tax return using required format (pdf…
