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 ...

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 ...

The Bureau of Internal Revenue (BIR) reminds the taxpaying public that the filing of the Quarterly Income Tax Return for Individuals, Estates and Trusts (BIR Form No. 1701Q) is on or before May 15, ...

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 ...

In the early 1990s, the BIR had already prescribed a similar form, although only for foreign related-party transactions that is, BIR form no. 1702 H, known as the “Information Return on Transactions ...