Republic Act No. 11590 (An Act Taxing Philippine Offshore Gaming Operations) (Signed on September 22, 2021) This Tax Alert is issued to inform all concerned on the salient provisions of Republic Act (RA) No. 11590 (An Act Taxing Philippine Offshore Gaming Operations, amending for the Purpose Sections 22, 25, 27, 28, 106, 108, and Adding New Sections […]

Extended deadline for filing of VAT refund claims with VCAD falling due on September 30, 2021; suspension of the 90-day processing period (Revenue Memorandum Circular Nos. 101-2021 issued on September 21, 2021) This Tax Alert is issued to inform all concerned taxpayers on the extension on filing deadline of VAT refund with the VAT Credit Audit Division […]

Advisories on the extension of deadline of filing and payment of tax returns falling due during the ECQ/MECQ periods (BIR Advisories, September 6 and September 9, 2021) This Tax Alert is issued to inform all concerned taxpayers on the clarifications regarding the extension of deadline of filing and payment of tax returns falling due within the Enhanced […]

Extended deadline for filing of BIR assessment letters and correspondences, and VAT refund applications falling due during the ECQ and MECQ period; suspension of the running of statute of limitations for the assessment and collection of taxes (Revenue Memorandum Circular Nos. 92 and 93-2021 issued on August 09, 2021) This Tax Alert is issued to inform all […]

Tax filing and payment during ECQ/MECQ: extended for 15 days; out-of-district filing and payment allowed (Revenue Memorandum Circular No. 91-2021 issued on August 4, 2021) This Tax Alert is issued to inform all concerned taxpayers under ECQ/MECQ on the extended tax filing and payment deadlines falling within the Enhanced Community Quarantine (ECQ) and Modified Enhanced Community Quarantine […]

Submission of scanned copies of BIR Forms 2307 and 2316; manual submission of hard copies no longer allowed (Revenue Regulations No. 16-2021 issued on August 4, 2021) This Tax Alert is issued to inform all concerned on the amendments on the manner of submission of copies of BIR Form Nos. 2307 and 2316 to the Bureau of […]

Availment period of Estate Tax Amnesty extended until June 14, 2023; other updates on the availment of estate tax amnesty (Revenue Regulations No. 17-2021 issued on August 4, 2021) This Tax Alert is issued to inform all concerned on the extension of the availment period of Estate Tax Amnesty under Republic Act (RA) No. 11569 and certain […]

Suspension of the implementation of RR No. 09-2021 (Revenue Regulations No. 15-2021 issued on July 28, 2021) This Tax Alert is issued to inform all concerned on the deferment of the implementation of Revenue Regulations (RR) No. 09-2021. In view of the continuing COVID 19-pandemic and its impact to the export industry, the implementation of RR No. […]

List of additional and delisted Top Withholding Agents now available (Revenue Memorandum Circular No. 88-2021 issued on July 16, 2021) This Tax Alert is issued to inform all concerned on the latest published lists of additional and delisted Top Withholding Agents (TWAs) who are required to deduct and remit the one percent (1%) or two percent (2%) […]

Clarifications on the suspension of running of statute of limitations due to declarations of ECQ and MECQ in certain areas (Revenue Memorandum Circular No. 80-2021 issued on June 29, 2021) This Tax Alert is issued to inform all concerned taxpayers on the clarifications on the suspension of the running of statute of limitations for assessment and collection […]