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Latest BIR issuances on the eBIRForms

Philippines

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

  • Revenue Memorandum Circular No. 17-2015 (Dated and issued on April 10, 2015): Provides updates on the alternative modes of obtaining the new version (v4.7.08) of the Offline eBIRForms Package and other concerns.  Please follow this link to view the contents: RMC No. 17-2015
  • Revenue Memorandum Circular No. 18-2015 (Dated and issued on April 10, 2015): Defers the implementation of the eFiling of "No Payment" Income Tax Returns (ITRs) and other concerns.  "No Payment" ITRs may be filed manually on or before April 15, 2015 but will have to be re-filed electronically on or before June 15, 2015.  Please follow this link to view the contents: RMC No. 18-2015

Discover more: Latest BIR Issuances on the eBIRForms


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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