by Greg Aquino | Mar 18, 2021 | News Letters, Tax Updates
Philippines – The Securities and Exchange Commission launches its online portal called Online Submission Tool (OST) for the digital submission of compliance reports to the Commission. This is in alignment with the issuance of the SEC memorandum circular 3 series...
by Greg Aquino | Jul 19, 2018 | Lets Talk Tax, Tax Updates
Baguio City, Philippines – The Depart of Finance issued DO No. 29-2018 dated June 4, 2018 to implement the revised schedule of Zonal Values of Real Properties in the City of Baguio (3rd Revision) for internal revenue tax purposes within the jurisdiction Revenue...
by Greg Aquino | Mar 27, 2018 | Lets Talk Tax, Tax Updates
Philippines – The Bureau of Internal Revenue has released the latest eBIRFORMS package 6.4 to update their system for taxpayers’ use and harmonize the tax rates in accordance with the Tax Reform for Acceleration and Inclusion (TRAIN) law under the Republic...
by Greg Aquino | Jan 5, 2018 | Accounting Best Practices, Lets Talk Tax, Tax Updates
The table below is a simple reminder or schedule of what business establishments need to accomplish for ending the year 2017 and starting anew for 2018. We shall update the legal basis for each item included in the list very soon. In cases where we missed some items,...
by Greg Aquino | Jan 5, 2018 | Accounting Best Practices, Lets Talk Tax, Tax Updates
Legal Basis For BIR Annual Registration National Internal Revenue Code (NIRC) Section 236(B) Annual Registration Fee. — An annual registration fee in the amount of Five Hundred pesos (Php 500) for every separate or distinct establishment or place of business,...
by Greg Aquino | Nov 3, 2017 | Lets Talk Tax, Tax Updates
The Bureau of Internal Revenue Issued a Memorandum stating that beginning November 6, 2017, eBIRForms System will only accept returns filed thru eBIRForms Package version 6.3. The use of other earlier versions of the eBIRForms Package will result in the unsuccessful...
by Greg Aquino | Apr 6, 2017 | Accounting Best Practices, Lets Talk Tax, Tax Updates
To download the eBIRForms Version 6.3, you can choose among the following sites. Just click the icons or logos. 🙂 Offline eBIRForms Package Release Notes...
by Greg Aquino | Dec 10, 2015 | Accounting Best Practices, Lets Talk Tax, News Letters, Tax Updates
Philippines — The Bureau of Internal Revenue issued a Revenue Memorandum Circular 82-2008 to simplify the registration of manual books of accounts and to establish uniformity of procedures among the BIR district offices. The Dilemma It has been observed that the...
by Greg Aquino | Dec 9, 2015 | Accounting Best Practices, Lets Talk Tax, News Letters, Tax Updates
The table below is a simple reminder or schedule of what business establishments need to accomplish for ending the year 2015 and starting anew for 2016. We shall update the legal basis for each item included in the list very soon. In cases where we missed some items,...
by Greg Aquino | Mar 19, 2015 | Accounting Best Practices, Lets Talk Tax, Tax Updates
Philippines – The Bureau of Internal Revenue has released a memorandum mandating Non-EFPS Filers or Manual Filers to use the eBIRForms through the issuance of an amendment of the Revenue Regulation 6-2014 under the Revenue Regulations 5-2015 dated March 17,...
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