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Optional filing and payment of monthly VAT returns now allowed

12 May 2023

This Tax Alert is issued to inform all concerned on the optional filing and payment of monthly VAT returns for VAT-registered taxpayers.

BIR prior approval on VAT zero-rating of qualified purchases of Registered Export Enterprises (REEs) no longer required

04 May 2023

This Tax Alert is issued to inform all concerned on the amendments on the VAT rules applicable to Registered Export Enterprises (REEs) pursuant to Revenue Regulations (RR) No. 16-2005, as amended by RR No. 21-2021, implementing Sections 294(E) and 295(D), Title XIII of the Tax Code as amended by Republic Act No. 11534, also known as the CREATE Act and its Implementing Rules and Regulations.

Clarifications on the penalty for non-compliance by RBEs to WFH threshold

28 Mar 2023

This Tax Alert is issued to inform all concerned on the clarification issued by the Fiscal Incentives Review Boards (FIRB) regarding the correct basis of the penalty imposed to Registered Business Enterprises (RBEs) engaged in Information Technology and Business Process Management (IT-BPM) for non-compliance to the work from home (WFH) threshold prescribed by FIRB Resolution No. 17-22, as extended by FIRB Resolution No. 26-22.

Availability of e-Filing/Tax Assistance Center at the BIR National Training Center – Auditorium from March 20 to April 17, 2023

23 Mar 2023

This Tax Alert is issued to inform all concerned taxpayers on the availability of e-Filing/Tax Assistance Center at the BIR National Training Center – Auditorium from March 20 to April 17, 2023 (except Sundays and Holidays/Holy Week) from 8:00 AM to 5:00 PM, in line with the 2022 Annual Income Tax Return (AITR) filing and payment of taxes.

2022 Annual ITR filing and payment guidelines; Out-of-district filing and payment of taxes now allowed

23 Mar 2023

This Tax Alert is issued to inform all concerned on the guidelines on the filing and payment of the annual income tax return (AITR) for the calendar year 2022.