Revenue Regulations No. 6-2024


Implementing Section 45 of Republic Act No. 11976, otherwise known as the “Ease of Paying Taxes Act”, on Imposition of Reduced Interest and Penalty Rates for Micro and Small Taxpayers SECTION 1. Scope – Pursuant to the provisions of Sections 244 and 245 of the National Internal Revenue Code of 1997, as amended (Tax Code), in relation to Section 47 of Republic Act (RA) No. 11976, otherwise known as the “Ease of Paying Taxes (EOPT) Act”, these Regulations are hereby promulgated to implement Section 45 of the EOPT Act on the imposition of reduced interest and penalty rates for micro and small taxpayers. SECTION 2. Coverage – These Regulations shall cover micro and small taxpayers as classified under Section 21 (B) of the Tax Code, as amended by the EOPT Act, to wit: Section 3 Imposition of Civil Penalties – There shall be imposed, in addition to the tax required

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Revenue Regulations No. 5- 2024


Implementing Sections 76(C), 112(C), 112(D), 204(C), 229, and 269(J) of the National Internal Revenue Code of 1997, as amended (Tax Code), in relation to Section 47 of Republic Act (RA) No. 11976, otherwise known as the “Ease of Paying Taxes Act”, on Tax Refunds SECTION 1. Scope. – Pursuant to the provisions of Sections 244 and 245 of the National Internal Revenue Code of 1997, as amended (Tax Code), in relation to Section 47 of Republic Act (RA) No 11976, otherwise known as the “Ease of Paying Taxes (EOPT) Act”, these Regulations are hereby promulgated to implement Section 112(C) of the Tax Code on the Risk-based approach in verifying VAT refund claims, Section 112(D) of the Tax Code on the liabilities in case of disallowance by the Commission on Audit (COA), Section 76(C) of the Tax Code on the refund of unutilized excess income tax credit in case of dissolution

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Revenue Regulations No. 4-2024


Implementing Sections 22,34,51(A)(2)(e), 51(B), 51(D), 56(A)(1), 58(A), 58(C), 58(E), 77, 81 ,90, 103, 114, 128, 200 and 248 of the National Internal Revenue Code of 1997, as Amended by Republic Act No. 11976, Otherwise Known as the “Ease of Paying Taxes Act”, on the Filing of Tax Returns and Payment of Taxes and Other Matters Affecting the Declaration of Taxable Income. SECTION 1. Scope – Pursuant to the provision of Sections 244, 245, of the National Internal Revenue Code of 1997 (Tax Code), as amended, in relation to Section 47 of Republic Act (RA) No. 11976, Otherwise Known as the “Ease of Paying Taxes Act” (EOPT), these Regulations are hereby promulgated to implement Sections 22, 34, 51(A)(2)(e), 51(D),56(A)(1), 58(A), 58(C), 58(E), 77,81,90, 91, 103, 114, 128, 200 and 248 of the Tax Code on: SECTION 2. Definition of Terms. – When used in these Revenue Regulations, the following terms shall

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Revenue Regulations No. 3-2024


Implementing the amendments Introduced by Republic Act No. 11976, Otherwise Known as the “Ease of Paying Taxes Act”, on the Relevant Provisions of Title IV – Value-Added Tax (VAT) and Title V – Percentage Tax of the National Internal Revenue Code of 1997, as amended (Tax Code) Amendments – The following words, phrases, or actions shall now be uniformly applied to the provisions affected under Revenue Regulations (RR) No. 16-2005 and its subsequent amendments: Specific Amendments to Sale or Exchange of Service Under Section 108 of the Tax Code. – Section 4.108-1, 4.108-4, and 4.108-6 of RR No. 16-2005, as amended, shall now be read as follows: “SEC. 4.108-1. VAT on the Sale of Services and Use or Lease of Properties. – Sale or exchange of services, as well as the use or lease of properties, as defined in Section 108(A) of the Tax Code shall be subject to VAT,

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Revenue Regulations No. 2-2024


Prescribing the Policies and Guidelines for the Publication of Revenue Issuances and Other Information Materials of the Bureau of Internal Revenue Pursuant to Section 245(i) of the National Internal Revenue Code of 1997, as amended by Republic Act. No. 11976, Otherwise Known as the “Ease of Paying Taxes Act”. SECTION 1. Pursuant to the provisions of Sections 244 and 245 of the National Internal Revenue Code of 1997 (Tax Code) as amended, in relation to Sections 40 and 47 of Republic Act (RA) No. 11976, otherwise known as the “Ease of Paying Taxes Act”, these Regulations are hereby promulgated to implement Section 245(i) of the Tax Code, as amended by the said Act, which reads: “SEC 40. Section 245 of the National Internal Revenue Code of 1997, as amended is hereby amended to read as follows: “SEC. 245. Specific Provisions to be Contained in Rules and Regulations. – The rules

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7  New VAT Rules under Ease of Paying Taxes Act RA 11976 Philippines


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.

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Revenue Memorandum Circular No. 56-2024


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

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Revenue Memorandum Circular No. 55-2024


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)

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Revenue Memorandum Circular No. 54-2024


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

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Revenue Memorandum Circular No. 53-2024


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

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