BIR launches Online Registration and Update System (ORUS)
Tax NotesAs part of digitalization of its operations, the Bureau of Internal Revenue (BIR) has introduced the Online Registration and Update System (ORUS).
Revenue Memorandum Circular (RMC) No. 141-2022 provides the revised contents of the eBIRForms email notification, also known as the Tax Return Receipt Confirmation.
Prior to the RMC, the email notification reads as follows:
This confirms receipt of your submission with the following details subject to validation by BIR:
File name: 222222222222-0605-01182022104744.xml
Date received by BIR: 18 January 2022
Time received by BIR: 10:47:44 AM
Penalties may be imposed for any violation of the provisions of the NIRC and issuances thereof.
FOR RETURNS WITH PAYMENT
Please print this e-mail together with the RETURN and proceed to pay through the Authorized Agent Bank / Collection Agent / GCASH or use other payment options.
This is a system-generated email. Please do not reply.
The revised email notification retained the confirmation receipt but modified the payment section, which details the updated list of electronic payment channels as follows:
This confirms receipt of your submission with the following details subject to validation by BIR:
File name: 222222222222-0605-01182022104744.xml
Date received by BIR: 18 January 2022
Time received by BIR: 10:47:44 AM
Penalties may be imposed for any violation of the provisions of the NIRC and issuances thereof.
FOR RETURNS WITH TAX PAYABLE:
Please pay through any of the following ePayment Channels:
Land Bank of the Philippines Link.Biz Portal
• LBP ATM Cards
• Bancnet ATM/Debit Cards
• PCHC PayGate or PESONet (RCBC, Robinsons Bank, UnionBank, PSBank, BPI, Asia United Bank)
DBP Pay Tax Online
• Credit Cards (Master Card/Visa)
• Bancnet ATM/Debit Cards
UnionBank of the Philippines
• UnionBank Online (for UnionBank Individual and Corporate Account Holders)
• UPAY via InstaPay (for Individual Non-UnionBank Account Holders)
Taxpayer Agent/Tax Software Provider - TSP
(GCash/PayMaya/MyEG)
This is a system-generated email. Please do not reply.
Please be guided accordingly.
Source:
P&A Grant Thornton
Certified Public Accountants
P&A Grant Thornton is the Philippine member firm of Grant Thornton International Ltd.
As published in SunStar Cebu, dated 11 November 2022
As part of digitalization of its operations, the Bureau of Internal Revenue (BIR) has introduced the Online Registration and Update System (ORUS).
Last October 14, 2022, the BIR issued RMC No. 137-2022, clarifying the cost items under “other expenditures” which are subject to 0% VAT, being indispensable to the project or activity.
As provided under Revenue Regulation No. 13-2022, any kind of equity-based compensation, such as stock options, restricted share awards, stock appreciation rights (SARs), and restricted stock units, which may or may not pertain to the shares of stocks of the grantor, is considered taxable compensation subject to the withholding tax on compensation once exercised or availed of by the grantee-employees.