ONETT taxpayers required to use eBIR Forms

ONETT taxpayers required to use eBIR Forms

(Revenue Regulations No. 9- 2016, December 8, 2016)

This Tax Alert is issued to inform all concerned on the amended list of taxpayers required to use eBIR forms.

The following One-Time Transaction (ONETT) taxpayers who are not eFPS registered are required to use eBIR Forms:

a.  Taxpayers who are classified as real estate dealers/developers;

b.  Taxpayers who are considered as habitually engaged in the sale of real property; and

c.  Regular taxpayers already covered by eBlRForms.

Thus, ONETT taxpayers who are filing the following are not required to use eBlR Forms:

1. BIR Form 1706 – Capital gains tax return for onerous transfer of real property classified as capital asset
2. BIR Form 1707 – Capital gains tax return for onerous transfer of shares of stock not traded through the local stock exchange
3. BIR Form 1800 – Donor’s tax return
4. BIR Form 1801 – Estate tax return
5. BIR Form  2000-OT – DST for one-time transaction (under BIR Form  1706 only – onerous transfer of real property classified as capital asset)

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