Clarifications on the submission of BIR Form 1709 and preparation of transfer pricing documentation

30 Apr 2021

This Tax Alert is issued to inform all concerned taxpayers on the following clarifications on the submission of BIR Form 1709 (Information Return on Related Party Transactions) and the preparation of Transfer Pricing Documentation (TPD) pursuant to RR No. 19-2020, as amended by RR No. 34-2020

Reminder: Installment payment of local business tax for 2nd Quarter of 2021 due on April 20

19 Apr 2021

This Tax Alert is issued to remind all concerned on the deadline of the second quarterly payments of local business tax (LBT).

Reiteration of April 15 deadline for 2020 AITR filing and payment; amendment until May 15, 2021 which shall result to additional payment shall not subject to penalties; additional guidelines for the submission of attachments

14 Apr 2021

This Tax Alert is issued to inform all concerned taxpayers on the following guidelines for the filing and payment of annual income tax return (AITR) covering Calendar Year (CY) 2020:

Relaxed rules in the acceptance of check payments by AABs until April 30, 2021

14 Apr 2021

This Tax Alert is issued to inform all concerned taxpayers on the further relaxation of rules on the filing and payment of taxes with Authorized Agent Banks (AAB) for the period from March 22, 2021 to April 30, 2021.

Revised guidelines and procedures for availing tax treaty benefits

08 Apr 2021

This Tax Alert is issued to inform all concerned on the revised procedures and documentary requirements for availing treaty benefits by non-resident taxpayers.