Essential tax deadlines for March 2023

03 March 2023

Mazars announces essential tax deadlines for March 2023 for the benefit of Philippine establishments.

Keeping updated with tax deadlines is an essential task for businesses of all sizes. Every establishment, be it from small markets to international reaching corporations is still obligated to follow the deadlines imposed by the Bureau of Internal Revenue (BIR).

Failing to follow these deadlines heavily obstructs a business’ capacity to function since the initial financial penalties can balloon in size and can force a business to shut down if left unattended. Mazars shares this list of important Tax Deadlines for March 2023 to help business owners avoid these penalties by staying updated with tax submissions, payments, e-fillings, and remittance deadlines.

March 2023 Tax Deadlines

DATE

Tax Requirement

Covered Period

March 01 – Wednesday

  • Submission of consolidated Return of All Transactions based on Reconciled Data of Stockbrokers.
  • February 16-28, 2023
  • Submission date of engagement Letters and Renewals or Subsequent Agreements for Financial Audit by Independent CPAs.
  • Fiscal Year beginning May 1, 2023
  • Annual Alphabetical List of Taxpayers (Individual/Corporations) who were issued Provincial/city/Municipal/Barangay Permits to engage in business
  • Calendar Year ending December 31, 2022
  • E- filing/filing due date for BIR Form 1604-E (Annual Information Return of Creditable Income Taxes Withheld-Expanded/Income Payments Exempt from Withholding Tax) and Related Alphalist
  • Calendar Year 2022
  • E- filing/filing and E-payment/payment of BIR Form 1702Q (Quarterly Income Tax Return For Corporations, Partnerships and Other Non-Individual Taxpayers) and Summary Alphalist of Withholding Taxes (SAWT)
  • For the Quarter ending December 31, 2022

March 02 – Thursday

  • Submission of proof of e-Filed BIR Form 1702 – RT/EX/MX with Audited Financial Statements (AFS), 1709 (if applicable), and Other Attachments through Electronic Audited Financial Statements (eAFS) or Manually
  • Fiscal Year ending October 31, 2022
  • Submission of soft copies of Inventory List & Schedules stored and saved in DVD-R/USB properly labeled and Sworn Declaration
  • Fiscal Year ending January 31, 2023
  • Submission of Soft Copy of the Computerized Books of Accounts and Other Accounting Records
  • Fiscal Year ending January 31, 2023 
  • E-submission of Quarterly Summary List of Sales/Purchases/Importations by VAT Registered Taxpayers – eFPS Filers
  • Fiscal Quarter ending January 31, 2023

March 05 – Sunday

  • Submission of Summary Report of Certification issued by the President of the National Home Mortgage Finance Corporation (NHMFC)
  • Month of February 2023
  • E-filing/filing and E-payment/payment due date for BIR Form 2000 (Monthly Documentary Stamp Tax Declaration/Return)
  • Month of February 2023 
  • E- filing/filing and E-payment/payment for BIR Form 2000-OT (Documentary Stamp Tax Declaration/Return One Time Transactions)
  • Month of February 2023

March 8 – Wednesday

  • Submission of all Transcript Sheets of Official Register Books (ORBs) used by Dealers/Manufacturers/Toll Manufacturers/Assemblers/Importers of Alcohol Products, Tobacco Products, Petroleum Products, Non-Essential Goods, Sweetened Beverage Products, Mineral Products & Automobiles.
  • Month of February  2023 
  • E-submission of Monthly e-Sales Report for All Taxpayers using CRM/POS and/or Other Similar Business Machines whose last digit of 9-digit TIN is Even Number.
  • Month of February 2023 

March 10 – Friday

  • Submission of List of Buyers of Sugar Together with a Copy of Certificate of Advance Payment of VAT made by each buyer appearing in the List by a Sugar Cooperative
  • Month of February 2023 
  • Submission of Information Return on Releases of Refined Sugar by the Proprietor or Operator of a Sugar Refinery or Mill
  • Month of February 2023 
  • Submission of Monthly Report of DST Collected and Remitted by the Government Agency
  • Month of February 2023 
  • E-submission of monthly e-Sales Report for All Taxpayers using CRM/POS and/or Other Similar Business Machines whose last digit of 9-digit TIN is Odd Number
  • Month of February 2023 
  • E-filling/filling and e-payment/payment for BIR Form 2200-C (Excise Tax Return for Cosmetic Procedures) with Monthly Summary of Cosmetic Procedures Performed
  • Month of February 2023 
  • E-filling/filling and e-payment/payment for BIR Form 0620 (Monthly Remittance Form of Tax Withheld on the Amount Withdrawn from the Decedent’s Deposit Account) – eFPS & Non-eFPS Filers
  • Month of February 2023 
  • E-filling/filling and e-payment/payment for BIR Form 1600-VT/PT (Monthly Remittance Return of Value-Added Tax/Other Percentage Taxes Withheld) and Monthly Alphalist of Payees (MAP) – eFPS & Non-eFPS Filers
  • Month of February 2023 
  • E-filling/filling and e-payment/payment for BIR Form 1606 – (Withholding Tax Remittance Return for Onerous Transfer of Real Property Other Than Capital Asset Including Taxable and Exempt)
  • Month of February 2023 
  • E-filing and Payment/Remittance due date of BIR Form 1600-VT/PT (Monthly Remittance Return of Value-Added Tax/Other Percentage Taxes Withheld) and BIR Form 1601-C (Monthly Remittance Return of Income Taxes Withheld on Compensation) - National Government Agencies (NGAs)
  • Month of February 2023
  • Filing and Payment due date of BIR Forms 1601-C (Monthly Remittance Return of Income Taxes Withheld on Compensation), 0619-E (Monthly Remittance Form of Creditable Income Taxes Withheld-Expanded) & 0619-F (Monthly Remittance Form of Final Income Taxes Withheld) - Non-eFPS Filers
  • Month of February 2023
  • Filing and Payment/Remittance of BIR Form 2200-M Excise Tax Return for the Amount of Excise Taxes Collected from Payment Made to Sellers of Metallic Minerals
  • Month of February 2023

March 11 – Saturday

  • E-filing due date for BIR Forms 1601-C (Monthly Remittance Return of Income Taxes Withheld on Compensation), 0619-E (Monthly Remittance Form of Creditable Income Taxes Withheld-Expanded) and 0619-F (Monthly Remittance Form of Final Income Taxes Withheld) – eFPS Filers under Group E
  • Month of February 2023

March 12 – Sunday

  • E-filing due date for BIR Form 1601-C (Monthly Remittance Return of Income Taxes Withheld on Compensation), 0619-E (Monthly Remittance Form of Creditable Income Taxes Withheld-Expanded) and 0619-F (Monthly Remittance Form of Final Income Taxes Withheld) – eFPS Filers under Group D.
  • Month of February 2023.

March 13 – Monday

  • E- filing due date for BIR Form 1601-C (Monthly Remittance Return of Income Taxes Withheld on Compensation), 0619-E (Monthly Remittance Form of Creditable Income Taxes Withheld-Expanded) and 0619-F (Monthly Remittance Form of Final Income Taxes Withheld) – eFPS Filers under Group C
  • Month of February  2023 

March 14 – Tuesday

  • E-filing due date for BIR Form 1601-C (Monthly Remittance Return of Income Taxes Withheld on Compensation), 0619-E (Monthly Remittance Form of Creditable Income Taxes Withheld-Expanded) and 0619-F (Monthly Remittance Form of Final Income Taxes Withheld) – eFPS filers under Group B
  • Month of February  2023 

March 15 – Wednesday

  • Submission of Monthly Summary Report/Schedule of Transferred Titled/Untitled Real Properties by City or Municipal Assessors, RDs & LRAs.
  • Month of February  2023 
  • Submission of summary List of Blank OCTs/TCTs/CCTs issued to all RDs.
  • Month of February  2023 
  • Filing and Payment due date for BIR Form 1707-A (Annual Capital Gains Tax Return For Onerous Transfer of Shares of Stock Not Traded Through the Local Stock Exchange) – by Corporate Taxpayers.
  • Fiscal Year ending November 30, 2022
  • Filing and Payment due date for BIR Form 1702 – RT/EX/MX with Audited Financial Statements (AFS), 1709 (if applicable), and Other Attachments.
  • Fiscal Year ending November 30, 2022
  • E-Filing and E-payment/Payment due date for BIR Forms 1601-C (Monthly Remittance Return of Income Taxes Withheld on Compensation), 0619-E (Monthly Remittance Form of Creditable Income Taxes Withheld-Expanded) and 0619-F (Monthly Remittance Form of Final Income Taxes Withheld) - eFPS Filers under Group A
  • Month of February 2023 
  • E-filling and E-payment due date for BIR Form 1702 - RT/EX/MX
  • Fiscal Year ending November 30, 2022
  • E-Payment due date for BIR Forms 1601-C (Monthly Remittance Return of Income Taxes Withheld on Compensation), 0619-E (Monthly Remittance Form of Creditable Income Taxes Withheld-Expanded) and 0619-F (Monthly Remittance Form of Final Income Taxes Withheld) – eFPS Filers under Group E, D,C & B
  • Month of February  2023 
  • Registration due date for Permanently Bound Loose-Leaf Books of Accounts/Invoices/Receipts and Other Accounting Records
  • Fiscal Year ending February 28, 2023

March 16 – Thursday

  • Submission of Consolidated Return of All Transactions based on the Reconciled Data of Stockbrokers.
  • March 1-15, 2023

March 20 – Monday

  • E-filing/filing and e-Payment/payment due date for BIR Form 1600-WP (Remittance Return of Percentage Tax on Winnings and Prizes Withheld by Race Track Operators) - eFPS & Non-eFPS Filers.
  • Month of February  2023 

March 25 – Saturday

  • The Submission date Quarterly Summary Lists of Sales/Purchases/Importations by a VAT Registered Taxpayers - Non-eFPS Filers
  • Fiscal Quarter ending February 28, 2023
  • The Submission date for Sworn Statement of Manufacturer’s or Importer’s Volume of Sales of each Brand of Alcohol Products, Tobacco Products and Sweetened Beverage Products.
  • Fiscal Quarter ending February 28, 2023.
  • E-filing/filing and E-payment/payment due date for BIR Form 2550Q (Quarterly Value-Added Tax Return) - eFPS & Non-eFPS Filers. 
  • Fiscal Quarter ending February 28, 2023
  • E-filing/filing and E-payment/payment due date for BIR Form 2551Q (Quarterly Percentage Tax Return).
  • Fiscal Quarter ending February 28, 2023

March 30 – Thursday

  • Submission date for Soft Copy of the Computerized Books of Accounts and Other Accounting Records.
  • Fiscal Year ending February 28, 2023
  • Submission date for Proof of eFiled BIR Form 1702 – RT/EX/MX with Audited Financial Statements (AFS), 1709 (if applicable), and Other Attachments through Electronic Audited Financial Statements (eAFS) or Manually.
  • Fiscal Year ending November 30, 2022
  • Submission date for Soft copies of Inventory List and Schedules stored and saved in DVD-R/USB properly labeled and Sworn Declaration.
  • Fiscal Year ending February 28, 2023
  • E-submission due date of Quarterly Summary List of Sales/Purchases/Importations by a VAT Registered Taxpayers - eFPS Filers.
  • Fiscal Quarter ending February 28, 2023