Extended deadline for filing of BIR assessment letters and correspondences, and VAT refund applications falling due during the ECQ and MECQ period; suspension of the running of statute of limitations for the assessment and collection of taxes

09 Aug 2021

This Tax Alert is issued to inform all concerned taxpayers on the extended deadline for filing of letters, replies, position papers, protests, and documents related to on-going BIR assessments, and VAT refund applications falling due during the Enhanced Community Quarantine (ECQ) and Modified Enhanced Community Quarantine (MECQ) period, including extensions thereof, as well as, the suspension of the running of statute of limitations for assessment and collection of taxes during such period/s.

Availment period of Estate Tax Amnesty extended until June 14, 2023; other updates on the availment of estate tax amnesty

04 Aug 2021

This Tax Alert is issued to inform all concerned on the extension of the availment period of Estate Tax Amnesty under Republic Act (RA) No. 11569 and certain amendments/clarifications on the process of availment of estate tax amnesty.

Submission of scanned copies of BIR Forms 2307 and 2316; manual submission of hard copies no longer allowed

04 Aug 2021

This Tax Alert is issued to inform all concerned on the amendments on the manner of submission of copies of BIR Form Nos. 2307 and 2316 to the Bureau of Internal Revenue (BIR).

Tax filing and payment during ECQ/MECQ: extended for 15 days; out-of-district filing and payment allowed

04 Aug 2021

This Tax Alert is issued to inform all concerned taxpayers under ECQ/MECQ on the extended tax filing and payment deadlines falling within the Enhanced Community Quarantine (ECQ) and Modified Enhanced Community Quarantine (MECQ) period and the relaxed rules in acceptance of tax payments.

Suspension of the requirement for proprietary educational institutions to be non-profit to be entitled to 1% income tax under RR No. 5-2021

28 Jul 2021

This Tax Alert is issued to inform all concerned on the suspension of certain provisions of Revenue Regulations (RR) No. 5-2021 on the income taxation of proprietary educational institutions.