With the end view to ease the burden and make it more comfortable for taxpayers to file and pay their taxes along with related reports, Republic Act No. 11976 otherwise known as Ease of Paying Taxes” in the Philippines has been signed into law last January 5, 2024 and made effective last January 22, 2024 or within 15 days from publication last January 7, 2024.
Under RA 11976 EOPT Ph”, the following are 7 new Philippines Value Added Tax (VAT) rules being implemented by the Bureau of Internal Revenue (BIR) that taxpayers should be aware of for better appreciation.
Clarification on the Issuance of Electronic Certificate Authorizing Registration Relative to One-Time Transaction (ONETT) With the passage of the Republic Act No. 11976, known as the “Ease of Paying Taxes (EOPT) Act”, the filing of any tax return shall now be made electronically in any of the available electronic platforms [e.g., Electronic Filing and Payment System, eBIR Forms Facility, tax returns filing application/solutions of Authorized Taxpayers Service Providers (ATSPs)], while the payment of tax due thereon can either be made electronically or manually through any Authorized Agent Banks (AABs), Revenue Collection Officers (RCOs), regardless of where the taxpayer is registered. Thus, concerns on the processing and issuance of electronic Certificate Authorizing Registration (eCAR) pertaining to One-Time Transaction (ONETT) arose since under current policy, the payment of taxes related to ONETT is required to be made with AABs/RCOs under the jurisdiction of the Revenue District Office (RDO) responsible in the processing
Extension of the Ninety-Day Period for the Actual Imposition of Withholding Tax on Gross Remittances Made by Electronic Market Place Operators and Digital Financial Services Providers to Sellers/Merchants Prescribed under Revenue Regulations No. 16-2023 The provisions of Revenue Memorandum Circular (RMC) No. 8-2024 allowed the electronic marketplace operators and digital financial services providers a transitory period of ninety (90) days from the date on its issue to comply with the relative policies or requirements of other government agencies, if any, and to give them an opportunity to adjust and properly comply with the provisions of Revenue Regulations (RR) No. 16-2023 prior to the actual imposition of the prescribed creditable withholding tax. In order to provide the said taxpayers a sufficient time to comply and adjust to the requirements of RR No. 16-2023 and other government agencies, if any, the prescribe transitory period is hereby extended to an additional ninety (90)
Amending Revenue Memorandum Circular No. 91-2018 Relative to the Taxpayer Identification Number (TIN) Issuance to Clients of Microfinance Non-Government Organizations (MF-NGOs) and Members of Cooperatives through Online Registration and Update System (ORUS) This Circular is hereby to inform Microfinance Non-Government Organizations (MF-NGOs), Cooperatives and their clients and members, respectively, that Taxpayer Identification Number (TIN) Issuance for Executive Order (E.O.). No. 98 Taxpayers can now be generated through the Bureau’s Online Registration and Update System (ORUS) Clients of the MF-NGOs and members of Cooperative can directly apply for TIN through ORUS using the the E.O. 98 Functionality following the procedures in the attached ORUS User Guide/Taxpayer Job Aid. This Circular supersedes the Policies and Guidelines prescribed under RMC No. 91-2018 with respect to the TIN Issuance to Clients of Microfinance Non-Government Organizations using the BIR eRegistration (eReg) System. All access granted to the authorized users of the said system, shall be
Circularizing the Availability of the Revised BIR Registration Forms Relative to the Implementation of the Republic Act (R.A) No. 11976, otherwise known as the “Ease of Paying Taxes (EOPT) Act” This Circular is issued to inform taxpayers and other concerned on the availability of the revised BIR Registration Forms (January 2024 ENCS), hereto attached as Annexes “A” to “D”, relative to the implementation of R.A. No. 11976, otherwise known as the “Ease of Paying Taxes (EOPT) Act”. Form No. Description 1901 (Annex “A”) Application for Resignation for Self-Employed (Single Proprietor/Professional), Mixed Income Individuals, Non-Resident Alien Engaged in Trade/Business, Estate and Trust 1903 (Annex “B”) Application for Registration for Corporations, Partnerships (Taxable/Non-Taxable), Including Government Agencies and Instrumentalities (GAIs), Local Government Units (LGUs), Cooperatives and Associations 1904 (Annex “C”) Application for Registration for One-time Taxpayer and Person Registering under E.O. 98 (Securing a TIN to be able to transact
Guidelines in Filing of Annual Income Tax Returns and Payment of Taxes Due Thereon for Calendar Year 2023 This Circular is being issued to prescribe the guidelines in the filing of the Annual Income Tax Return (AITR) for the Calendar Year ending December 31, 2023, and payment of corresponding taxes due thereon on or before April 15, 2024. The filing of the AITR for Calendar Year 2023 shall be done electronically in any of the available BIR Electronic platforms (Electronic Filing and Payment System (eFPS) or (eBIRForms). However, in case of unavailability/inaccessibility of the electronic platforms, manual filing of the AITR may be allowed. For payment of income tax due, it shall be made either electronically in any of the available electronic payment (ePAY) gateways or manually to any Authorized Agent Bank (AAB) or Revenue Collection Officer (RCO) of any Revenue District Office (RDO). All individual taxpayers, regardless of classification,
This Circular is issued to announce the availability of BIR Form No. 1701 [Annual Income Tax Return for Individuals (including MIXED Income Earner), Estates and Trust] in the Electronic Filing and Payment System (eFPS). The aforementioned BIR Form shall be filed on or before April 15 of each year covering income for the preceding taxable year. eFPS users/filers who are mandated and required to file the said return and pay the corresponding tax due thereon, if any, shall use the eFPS Facility effective immediately. Likewise, eFPS users/filers who already filed their BIR Form No. 1701 for the taxable year 2023 using eBIRForms facility, need not re-file the return in the eFPS. Originally published in GPP CPAs website
Prescribing the Policies and Procedures in the Proper Manner of Accomplishing the New Version of the Monthly Documentary Stamp Tax Declaration/Return (BIR Form 2000 version 2018) This Circular is hereby issued to assist the concerned taxpayers on the proper manner of accomplishing the new version of the Monthly Documentary Stamp Tax Declaration/Return (BIR Form No. 2000 version January 2018), considering that there are three different methods of collecting the documentary stamp tax (DST), namely: Accordingly, all concerned taxpayers who shall file the return and pay the DST shall accomplish the new version of BIR Form No. 2000, in accordance with the following policies and procedures under the said methods of collecting the DST: Column Heading of Schedule 4 Information to be Filled-out RCO Code National Collecting Office (NCO) Code Remittance Date/d (MM/DD/YYYY) Remittance Date(s) Authorized Agent Bank Authorized government Depository Bank (AGDB) branch Amount Remitted Amount Remitted
This Circular is hereby issued to inform all concerned taxpayers that the deadline of submission of the BIR’s copy of BIR Form No. 2316 is hereby extended from February 28, 2024 to March 31, 2024 Accordingly, for the purpose of uniformity in the submission of other reportorial requirements in relation to the submission of BIR Form No. 2316, only the following documents shall be required by all Revenue District Offices: Further, the primary reason for the submission of copies of BIR Form No. 2316 without the signature of concerned employee under Revenue Memorandum Circular (RMC) No. 18-2021 was due to the limitations brought by the COVID -19 pandemic. In the light of the current circumstances, the same shall no longer be allowed, more particularly for those employees who are qualified for substituted filing. Furthermore, those taxpayers who have already submitted the BIR’s copy of the said Certificate using the old
This Circular is issued to announce the availability of BIR Form No. 1702-EX [Annual Income Tax Return Corporation, Partnership and Other Non-Individual Taxpayers EXEMPT Under the Tax Code, as Amended, {Sec. 30 and those exempt in Sec. 27 (C)} and Other Special Laws, With NO Other Taxable Income] January 2018 (ENCS) v2 in the Electronic Filing and Payment System (eFPS). The aforementioned BIR Form shall be filed and the tax due thereon paid on or before the 15th day of the 4th month following the close of the taxpayer’s taxable year. (Originally published in GPP CPAs Website)
Live Webinar on Ph Payroll Computations and Taxation
Live Webinar: Winning BIR Tax Assessments Series: Process, Remedies & Writing Effective Protest
Live Webinar: Value Added Tax: In and Out
Live Webinar on 2024 Financial Statements Preparation Reminders
Live Webinar 2024 ITR (1702 MX) Filing Reminders for PEZA-Registered Entities
Live Webinar on 2024 ITR (1702 RT) Filing Reminders for Taxable Corporations
Live Webinar: Withholding Taxes, Subjects & Applications
Onsite Seminar: BIR Examination: Their Procedures and Our Defenses
Onsite Training: How to analyze Financial Statements Accounting for Correct Business Decision Making?
Onsite Seminar: Basic Business Accounting & BIR Compliance VAT Entity
Revenue Regulations No. 001-2025
Revenue Regulations No. 18- 2024
REPUBLIC ACT NO. 12066 – CREATE MORE ACT
Revenue Memorandum Circular No. 116-2024
Revenue Memorandum Circular No. 115-2024
Δ
Phone : (02) 5310-2239
Mobile : Smart: 0939-916-2952 Globe: 0967-497-4989
Email : info(@)taxacctgcenter.ph
© Tax and Accounting Center 2025. All Rights Reserved