Tax Alerts

Latest updates in Philippine Taxation

The Bureau of Internal Revenue has issued several regulations and memorandum circulars that will have an impact on taxpayers’ compliance obligations. We have collated the issuances that we find most relevant and applicable.

BIR releases optional filing and payments of monthly VAT returns

BIR releases optional filing and payments of monthly VAT returns

17 May 2023

The Bureau of Internal Revenue (BIR) implements the optional filing and payment of VAT returns on a monthly basis for the first two months of the quarter.

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BIR issues new amendments regarding zero-rated sales ­and VAT zero-rating certification

09 May 2023

The Bureau of Internal Revenue (BIR) adds new amendments to past provisions regarding Value Added Tax (VAT) zero-rated sales/transactions and VAT zero-rating certification.

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BIR issues new amendments regarding zero-rated sales ­and VAT zero-rating certification
Preparing for BIR Tax Audits in the Philippines

Preparing for BIR Tax Audits in the Philippines

20 April 2023

Mazars shares a guide sharing the BIR’s procedure for conducting BIR tax audits in the Philippines.

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Due Process Requirement in the Issuance of a Deficiency Tax Assessment

17 April 2023

Mazars' Tax Manager, Carl Franz S. Dela Riva, shares the due process requirements in the issuance of a deficiency tax assessment pursuant to C.T.A. EB CASE NO. 2352, RR No. 18-2013, and RR No. 22-2020

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Due Process Requirement in the Issuance of a Deficiency Tax Assessment
New features and transactions implemented for BIR’s online registration system

New features and transactions implemented for BIR’s online registration system

29 March 2023

The Bureau of Internal Revenue (BIR) reveals its updated features, functions, and transaction options for its Online Registration and Update System (ORUS). A news article from Mazars trusted Tax consultant firm in the Philippines, that provides tax services in the Philippines.

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BIR announces new guidelines on filing and payment of Annual Income Tax Returns due until April 17, 2023

28 March 2023

The Bureau of Internal Revenue (BIR) highlights the updated ways for taxpayers to file and pay their Annual Income Tax Returns (AITRs) due by April 17, 2023.

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BIR announces new guidelines on filing and payment of Annual Income Tax Returns due until April 17, 2023
 BIR announces all accredited Microfinance NGOs in an updated list

BIR announces all accredited Microfinance NGOs in an updated list

15 March 2023

The Bureau of Internal Revenue (BIR) highlights all recently accredited Microfinance Non-Government organizations through their updated list.

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BIR mandates the use of updated CETI templates given in FIRB advisory

14 February 2023

The BIR announces updated templates from FIRB and mandates their use to all IPAs starting March 1, 2023

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BIR mandates the use of updated CETI templates given in FIRB advisory
BIR announces online transaction system for easier manual filing

BIR announces online transaction system for easier manual filing

09 February 2023

The Bureau of Internal Revenue (BIR) promotes the use of its Electronic One-Time Transaction System (eONETT) for real estate sellers.

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BIR states penalties for cooperatives with missing TIN numbers

6 February 2023

The Bureau of Internal Revenue announces new penalties for cooperative members with missing Taxpayer Identification Numbers.

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BIR states penalties for cooperatives with missing TIN numbers