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Latest BIR issuance on the eFPS and eBIRForms

Philippines

The Bureau of International Revenue has released new issuances. Taxand Philippines provides a brief overview of the update.

Please take note of Revenue Memorandum Circular No. 19-2015 (dated and issued on April 13, 2015) which provides clarifications/resolutions on issues and concerns to the frequently asked questions relative to the implementation of the electronic platform under the eFPS or eBIRForms for filing income tax returns for calendar year 2014 on or before April 15, 2015.  Please follow this link to view the contents: RMC No. 19-2015

Discover more: SLB Tax News & Notes


Your Taxand contact for further queries is:
Serafin U. Salvador Jr
T. + 63 2 8112500
E. susalvador@salvadorlaw.com

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Taxand's Take

Multinationals with operations in the Philippines should take note of the new issuances in order to remain compliant.

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