Technical Alerts
Availment of Tax Amnesty on Delinquency and Voluntary Assessment and Payment Program extended until June 30, 2021
This Tax Alert is issued to inform all concerned on the extended period to avail of the Tax Amnesty on Delinquencies (TAD) and Voluntary Assessment and Payment Program (VAPP), and clarifications on the availment of VAPP.
Online and Manual Submission of Forms/Notices Pursuant to SEC MC 28-2020
This Accounting Alert is issued to circulate the guidance for online and manual submission of forms and notices pursuant to Securities and Exchange Commission (SEC/Commission) Memorandum Circular (MC) No. 28-2020 issued last November 3, 2020.
Submission of BIR Form 1709 and preparation of transfer pricing documentation required only for certain taxpayers
This Tax Alert is issued to inform all concerned on the streamlined guidelines and procedures in the submission of BIR Form No. 1709 (Information Return on Related Party Transactions) and its required attachments including transfer pricing documentation (TPD).
Circular No. 2020-032: Guidelines for the Implementation of the Mandatory Provident Fund (MPF) Program for SSS Members
Pursuant to Social Security Commission (SSC) Resolution No. 458-s.2020 dated 09 September 2020, approving the implementation of the Mandatory Provident Fund (MPF) Program for SSS members
Suspension of BIR audit and field operations from December 15, 2020 to January 7, 2021
This Tax Alert is issued to inform all concerned on the suspension of field audit and field operations of the Bureau of Internal Revenue (BIR) starting December 15, 2020 until January 7, 2021 relative to examinations and verifications of taxpayers’ books of accounts, records and other transactions.