BIR waives TTRA requirement for dividends, interest and royalties (Revenue Memorandum Order No. 8- 2017, April 05, 2017) This Tax Alert is issued to inform all concerned on the streamlined process of claiming tax treaty relief for nonresident income earners. BIR has issued these new procedures for claiming tax treaty privileges of nonresident income earners: […]

AABs open on April 1 and 8 to accept tax payments This Tax Alert is issued to inform all concerned on the additional banking days and extended office hours of AABs to accept tax payments. Item 2.1.2 of the memorandum agreement executed by the Bureau of Internal Revenue (BIR) and the Bureau of Treasury (BTR) requires Authorized […]

BIR clarifies: No changes on required documents for ITR filing (Revenue Memorandum Circular No. 16-2017, February 22, 2017) This Tax Alert is issued to inform all concerned on the latest policies regarding the filing of Income Tax Returns. The BIR clarified that there will be no changes in the existing documentary requirements in the filing […]

Suspension of eFPS enrollment from Mach 1 to April 30 (Revenue Memorandum Circular No. 14-2017, February 17, 2017) This Tax Alert is issued to inform all concerned on the suspension of eFPS enrollment from March 1 to April 30. BIR has announced that enrollment to eFPS will be temporarily suspended beginning March 1, 2017 to […]

Reminder for taxpayers required to use eFPS This is to remind taxpayers mandated to enroll and use the eFPS that the BIR is doing regular monitoring of their compliance (RMO 1-2017) and generating lists of: a. eFPS mandated taxpayers b. eFPS mandated taxpayers who never eFiled c. eFPS mandated taxpayers not enrolled Currently, the following […]

AAB-acquirer liable for penalties on late remittance of tax payments through credit cards This Tax Alert is issued to inform all concerned on the new rules regarding payment of taxes through credit/debit/prepaid card. In case taxes are paid through credit/debit/prepaid cards, the payment of taxes shall be deemed made on the date and time appearing […]

New compliance reports for PEZA entities (EOD Advisory No. 2017-001-A, re: EOD Advisory No. 20017-0001, February 7, 2017) This Tax Alert is issued to inform all concerned of a new reportorial requirement for PEZA-registered enterprises activities required by the Enterprise Operations Department (EOD). PEZA enterprises are reminded that they should engage only in their PEZA-registered […]

Format for approval/denial of applications for compromise settlement and abatement of penalties (Revenue Memorandum Order No. 03- 2017) This Tax Alert is issued to inform all concerned on the format of the Certificate of Availment and Notice of Denial Approval of applications for compromise settlement of deficiency taxes and abatement of penalties shall be issued a Certificate […]

Merging of RDOs 43A and B – East and West Pasig This Tax Alert is issued to inform all concerned on the merging of the RDO No. 43A and RDO No. 43B. Effective February 1, 2017, Revenue District Office (RDO) No. 43A-East Pasig and RDO No. 43B-West Pasig will be consolidated/merged and renamed as RDO No. 43. All […]

Splitting of BIR Region 9 – San Pablo City Effective February 1, 2017, BIR Region 9 – San Pablo City will be divided into two. Revenue Region 9A will service Cavite, Batangas, Mindoro and Romblon (CABAMIRO). Revenue Region 9B will cover Laguna, Quezon and Marinduque (LAQUEMAR). RR 9A will hold office at Liana’s Junction Plaza […]