Implementation of electronic receipts/invoices and electronic sales data transmission required for identified taxpayers

01 Jul 2022

This Tax Alert is issued to inform all concerned on the implementation of the required issuance of electronic receipts or invoices in lieu of manual receipts or invoices for certain identified taxpayers, pursuant to Sections 237 and 237-A of the Tax Code, as amended by RA 10963 or the TRAIN Law.

Removal of 5-year validity period on receipts/ invoices

01 Jul 2022

This Tax Alert is issued to inform all concerned on the removal of the five (5)-year validity period on all manual and system generated principal and supplementary invoices and receipts in line with the “Ease of Doing business and Efficient Government Service Delivery Act of 2018”.

List of additional and delisted Top Withholding Agents

30 Jun 2022

This Tax Alert is issued to inform all concerned on the latest published lists of additional and delisted Top Withholding Agents (TWAs) who are required to deduct and remit the one percent (1%) or two percent (2%) Creditable Withholding Tax (CWT) from the income payments to suppliers of goods and services, respectively.

BIR field audit and other field operations, audit and other field operations under special task forces, are suspended until further notice

03 Jun 2022

This Tax Alert is issued to inform taxpayers of the suspension of all pending Letters of Authority/Mission Orders as of May 30,2022, as well as audit and other field operations pursuant to, and under authority of, all task forces created thru Revenue Special Orders, Operations Memoranda and other similar orders/directives.

eFPS filers allowed to file and pay manually or through eBIRForms due to current unavailability of EFPS; out-of-district payment also allowed

13 May 2022

This Tax Alert is issued to clarify the filing deadline for the calendar year (CY) 2021 Annual Income Tax Return (AITR), guidelines for filing and payment thereof, the use of electronic signature.