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List of VAT-exempt drugs/medicines for diabetes, high-cholesterol and hypertension now available

25 Jun 2020

This Tax Alert is issued to inform all concerned on the published “List of Prescription Drugs and Medicines for Diabetes, High-cholesterol and Hypertension” which are exempt from VAT starting January 27, 2020.

AABs to accept payments for 2019 Annual ITR until 5pm of June 15, 2020

11 Jun 2020

This Tax Alert is issued to inform all concerned taxpayers on the responsibilities of Authorized Agent Banks (AABs) in relation to the acceptance of payments for the annual income tax returns (AITR) for calendar year 2019.

Alternative modes of issuance of receipts/invoice during ECQ and MECQ, not applicable during GCQ

11 Jun 2020

This Tax Alert is issued to inform all concerned on the receipting/invoicing requirements during the modified enhanced community quarantine (MECQ), general community quarantine (GCQ), and modified GCQ.

Rules on the acceptance of tax payments until June 14, 2020

11 Jun 2020

This Tax Alert is issued to inform all concerned on the rules in acceptance of payments of internal revenue taxes until June 14, 2020.

Electronic submission of withdrawal of protest to avail of the tax amnesty

05 Jun 2020

This Tax Alert is issued to inform all concerned taxpayers throughout the country on the updated modes of submission of withdrawal of protest to qualify for the tax amnesty.