Finally, on July 29 the Bureau of Internal Revenue (BIR) issued the much-awaited Revenue Memorandum Circular (RMC) No. 76-2020 to clarify issues on the filing of BIR form no. 1709. BIR form no. 1709 ...

THE Bureau of Internal Revenue (BIR) announced it has developed a Taxpayer Registration-Related Application (TRRA) portal to provide taxpayers with another alternative option to submit their ...

Nearly a month ago, many taxpayers finally put an end to the longest tax season when they finally submitted their annual income tax returns (ITRs). Others, however, have to brace for the submission of ...

Everybody is very familiar with The Bureau of Internal Revenue (BIR). As the institution that handles our taxes, every taxpayer is well-aware of its existence. As the life and blood of the country, ...

Under the National Internal Revenue Code, as amended (Tax Code), filing a claim for refund/issuance of tax credit certificate (TCC) is one of the options available for corporate taxpayers with excess ...

As the tax season comes, self-employed individuals and professionals will now have fewer pages to fill out when declaring their income tax return (ITR). The new ITR form -- reduced from 12 pages to ...

It’s been more than a year since the effectivity of the Tax Reform for Acceleration and Inclusion (TRAIN) Act, but the effects of its implementation are far from over. Just this year, the Bureau of ...

Philippine Offshore Gaming Operators (POGOs) and its service providers should have settled their tax dues before resuming business activities during the enhanced community quarantine (ECQ), according ...

Which form should I use if I’m self-employed, availing of itemized deductions under the graduated rates? Is it BIR Form No. 1701 or 1701A? You will have to use BIR Form No. 1701. Since you’re availing ...

I was employed at an architectural firm from June 2013 to December 2013. The company processed the tax identification number (TIN) in Makati. From then on, I did not work for any other office but ...