Tax Alerts
Tax Alerts
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.
Withholding Taxes: A comprehensive guide to Understanding and Navigating Transactions subjected to Withholding.
Mazars shares this guide on the essential things to know about Withholding Taxes and Transactions subjected to Withholding in the Philippines.
Read moreBIR releases new amendments on Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act
The Bureau of Internal Revenue (BIR) amends Rule 18, Section 5 of the Implementing Rules and Regulations (IRR) to address VAT-related issues and concerns of Registered Business Enterprises (RBEs) registered prior to the CREATE Act.
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BIR updates requirements on availing Income Tax exemptions of foreign sourced Dividends received by a Foreign Corporation
The Bureau of Internal Revenue (BIR) explains the new requirements needed to avail Income Tax Exemptions of Foreign Sourced Dividends that are received by a Foreign Corporation.
Read moreMandatory Supporting Documents for VAT
09 September 2023
Mazars highlights the essential mandatory supporting documents for Value Added Tax (VAT) in the Philippines.
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
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.
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.
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.
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
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.
