(Revenue Memorandum Circular No. 75-2023, issued on July 5, 2023)
This Tax Alert is issued to inform all concerned on the extension of deadline for the replacement of the old Ask For Receipt Notice (ARN) with the new Notice to Issue Receipts/Invoice (NIRI).
Taxpayers now have until September 30, 2023 to replace the old ARN with the new NIRI. Originally, under RMO No. 43-2022, business taxpayers were required to replace the old ARN with the new NIRI by June 30, 2023.
To secure the NIRI, taxpayers shall fill out the S1905 – Registration Update Sheet to indicate or update the designated official email address which will be used by the BIR as an additional manner in serving BIR orders, notices, letters, communications, and other processes to taxpayers.
Business taxpayers who do not replace the old ARN with the new NIRI by September 30, 2023, will be imposed a penalty of a fine of not more than P1,000. Additionally, the BIR urges the public to report business establishments that do not have the NIRI posted on their place of business thru eComplaint OTHERS or chatbot “Revie” at www.bir.gov.ph.
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