Monday, November 21, 2016

Rules and Regulations Implementing the Tax Incentives Available to Tourism Enterprises Duly Registered with the Tourism Enterprises


The bureau recently issued Revenue Regulations (RR) No. 7-2016 dated November 15, 2016 implementing the Tax Incentives Available to Tourism Enterprises Duly Registered with the Tourism Infrastructure and Enterprise Zone Authority (TIEZA) under Republic Act No. 9593 otherwise known as the Tourism Act of 2009.

In the regulations, it also stated the Terms,  Fiscal Incentives of Tourism Enterprises Within TEs, Fiscal Incentives of Tourism Enterprises outside TEZs, Availment of Tax Incentives, Withholding Taxes, TEZs not Treated as Separate Customs Territories, Maintenance of Separate Books of Account for each TIEZA-registered Activity, Compliance with RA No. 10708, No Double Availment of Incentives Schemes, Period of Availment and Payment of Back Taxes.

These regulations shall take effect after fifteen (15) days following publication in the Official Gazette or a newspaper of general circulation, whichever comes first.



Thursday, November 17, 2016

Non-Suspension of All Audit and other Field Operations of the BIR During Christmas Season

In connection with the thrust of the Bureau of Internal Revenue (BIR) to intensify taxpayer compliance and increase revenue collections, all field audit and other field operations including all enforcement activities shall continue during this holiday season.
 
The CIR is also reminded that all efforts should be directed to ensure maximum revenue collection throughout the year.
 
The Revenue Memorandum Circular (RMC) No. 109-2016 shall take effect immediately.
 


Friday, November 11, 2016

Streamlining the Business Registration Process and Documentary Requirements for the Registration of Each Type of Application

The bureau has issued Revenue Memorandum Circular (RMC) No. 93-2016  to streamline the Business Registration Process and Documentary Requirements by further Amending the List of Documentary Requirements for the Registration of Each Type of Application under "Annex A" of Revenue Regulations (RR) No. 7-2012, as Clarified Under RMC No. 70-2013 and RMC No. 37-2016.
 
The revised checklist of documentary requirements herein attached as Annexes "A1-A11" included the acknowledgement of the applicant on the identified lacking documents for completion to facilitate the processing of application.
 
Steps for the registration of business in the Bureau of Internal Revenue to be implemented as follows:
 
STEP/PROCESS
 
1. Apply for Registration [with complete documentary requirements (Annexes "A1-A11")]
2. Pay Annual Registration Fee [thru Mobile Revenue Collection Officers System (mRCOs), Authorized Agent Banks, Revenue Collection Officer or GCash]
3. Get Certificate of Registration with auto-approved Authority to Print (ATP) for initial principal receipts/invoices.
 
The auto-approved ATP for initial principal receipts/invoices is only applicable to newly registered business taxpayer. However, subsequent application for receipts/invoices shall be processed in accordance with the procedures specified under existing issuances.
 


Wednesday, November 9, 2016

Proper Due Dates for Filing of Returns and Payment of Taxes for the Purpose of Imposition of Penalties for Late Filing and/or Late Payment

Revenue Memorandum Circular (RMC) No. 65-2016 was issued by the bureau to clarify the rules on appropriate due date of filing of return and payment of taxes when the exact due dates fall on a Saturday, Sunday, or a holiday both for electronic and manual filers and payers of taxes., for the purpose of imposition of penalties for Late Filing and/or Late Payment.

A. For Taxpayers under the Electronic Filing and Payment Svstem (EFPS)

For taxpayers mandatorily covered by the EFPS rules and those taxpayers registered and enrolled under the EFPS, the due date of , filing of return and the payment of taxes shall be the exact dates stated in the law or regulations for filing or payment. However, if the' deadline falls on a Saturday, Sunday or a holiday, the appropriate deadline for the electronic filing and payment shall fall on the next business day.

Transmission of electronic returns and electronic payment must be completed/made on and actually received by the Bureau of Internal Revenue on or before 12 midnight of the defined statutory or regulatory due date for the filing and payment of the relevant return. Otherwise, the same shall be considered to have been filed late or paid late, and thus shall be subject to the appropriate penalty for late filing/late payment.

In case of dispute, the taxpayer shall present the written advice of the BIR that its electronic system for filing and payment of taxes is down or unavailable, which shall be issued by the BIR everytime its electronic system for filing and payment of taxes is down or unavailable. Said advice will also include instruction of appropriate deadline for manual filing and thereafter an instruction for the due date of electronic filing of tax returns initially filed manually. Failure to file the returns and/or pay the taxes on or before the deadline stated in the said written advice shall warrant the imposition of penalties for failure to file the returns and/or pay the taxes, or for late filing/late payment whichever is applicable.

B. For Taxpayers under the Online eBlR Form System

For those taxpayers covered by eFiling of Return under the Online eBlR Forms System and those taxpayers registered and enrolled under the Online eBlR Forms System, the due date of filing of return shall be the exact dates stated in the law or regulations for filing of said return. However, if the deadline falls on a Saturday, Sunday or a holiday, the appropriate deadline for the electronic filing shall fall on the next business day.

Transmission of electronic returns must be completed/made on and actually received by the Bureau of Internal Revenue on or before 12 midnight of the defined statutory or regulatory due date for'the filing of the relevant return. Otherwise, the same shall be considered to have been filed late and thus shall be subject to the appropriate penalty for late filing.

In case of dispute, the taxpayer shall present the written advice of the BIR that its online eBlR Forms System ' is down or unavailable, which shall be issued by the BIR everytime its Online eBlR Forms System is down or unavailable. Said advice will also include instruction of appropriate deadline for manual filing and ' thereafter an instruction for the due date of electronic filing of tax returns initially filed manually. Failure to file the returns on or before the deadline stated in the said written advice shall warrant the imposition of penalties for failure to file the returns or for late filing whichever is applicable.

The due date for the payment of taxes due for the returns filed under the Online eBlR Forms System shall be made on the exact dates stated in the law or regulations for payment thereof. However, if the deadline falls on a Saturday, Sunday or a holiday, the appropriate deadline for the payment thereof shall fall on the next business day, or on the same deadline for the filing of the returns under the Online eBlR Forms System.

C. For Taxpayers who are Manual Filers or are using the Offline eBlR Forms Package

Taxpayers not mandatorily covered or enrolled under either the EFPS or the Online eBlR Form System or are users of the Offline eBlR Form Package are classified as Manual Filers. Manual filers are required to file and pay on or before the due date stated in the law or regulation for filing returns and/or payment of taxes due thereon, however, if such due date falls on a Saturday, Sunday or a holiday the act of filing and payment shall be done on the next business day. Any returns filed and/or tax paid beyond the dates stated in this paragraph, shall be subject to the appropriate penalty for none filing/payment, or late filing/payment, whichever is applicable.

SOURCE: http://www.bir.gov.ph/images/bir_files/internal_communications_2/RMCs/RMC%20No.%2065-2016.pdf 


Saturday, November 5, 2016

Clarification on the Requirement of Taxpayer Identification Number (TIN) for Members of Cooperatives Applying for Certificate of Tax Exemption (CTE)

Did you know that the bureau has issued Revenue Memorandum Circular (RMC) No. 102-2016 to clarify the Requirement of Taxpayer Identification Number (TIN) for Members of Cooperatives Applying for Certificate of Tax Exemption (CTE)?

This is relative to Revenue Memorandum Order (RMO) No. 76-2010 and RMC No. 81-2010. RMO No. 076-2010 (Prescribing the Policies and Guidelines in the Issuance of Certificate of Tax Exemption of Cooperatives and the Monitoring Thereof) requires, for the issuance of the Certificate of Tax Exemption (CTE), that cooperatives submit, among others, an Original Copy of Certification under Oath of the List of Cooperative Members with their respective Taxpayer Identification Number (TIN) and their capital contributions, prepared by authorized official of the Cooperative. The above requirement has been relaxed by RMC No. 81-2010 which allowed, in lieu thereof, the submission of Certified Photocopy of the List of Cooperative Members with their Respective Capital Contributions.

Click: http://www.bir.gov.ph/images/bir_files/internal_communications_2/RMCs/Annex%20A_RMC%20102-2016.pdf to download the BIR Form No. 1945 Application for Certificate of Tax Exemption for Cooperatives.

Click: http://www.bir.gov.ph/images/bir_files/internal_communications_2/RMCs/Annex%20B_RMC%20102-2016.pdf to download BIR Form No. 1904 Application for Registration.





Thursday, November 3, 2016

Submission of Mandatory Documentary Requirements for One-time Transactions Involving Transfer of Real Property

The bureau recently issued Revenue Memorandum Circular (RMC) No. 105-2016 amending certain provisions of RMC No. 76-2007, in relation to the Submission of Mandatory Documentary Requirements for One-time Transactions Involving Transfer of Real Property.
 
Item No. 2 of RMC No. 76-2007 shall no longer be required in the processing of one-time transactions involving transfer of real property and the issuance of electronic Certificate Authorizing Registration (eCAR):
 
"2. Certified true copy of the original CAR (copy of the Registry of Deeds) pertaining to the transfer of property prior to the issuance of Original/Transfer Certificate of Title (OCT/TCT) or Condominium Certificate of Title (CCT) which is the subject of the current sale/transfer, or certification issued by the Registry of Deeds indicating the serial number of the CAR, date of issuance of CAR, the Revenue District Office Number of the district office that issued of the CAR, the name of the Revenue District Officer who signed the CAR, the type of taxes paid and the amount of payment per tax type.
 
The aforementioned document shall be submitted for OCT/TCT/CCT issued starting 2007, in case the Register of Deeds fails to annotate the information contained in the CAR as prescribed under Section 5 of Revenue Regulations No. 24-2002 dated November 15, 2002 and Section 1 of Memorandum Order No. 233 dated December 11, 2006 issued by President Gloria Macapagal-Arroyo, as circularized in Revenue Memorandum Circular No. 3-2007."
 


Monday, October 10, 2016

Validity of eCARs reckoned from the Date of Issuance for Purposes of Presenting the Same to Registry of Deeds

The bureau  has issued Revenue Memorandum Order (RMO) No. 55-2016 amending  certain provisions of RMO No. 15-2003, as amended by RMO No. 22-2016, relative to the Processing of Electronic Certificate Authorizing Registration (eCAR) and its Signatories.

It is stated in the RMO under Section III Policies and Guidelines, Item No. 6 of RMO No. 22-2016 is likewise amended to read as follows:

"6. eCARs shall have a validity of three (3) years reckoned from the date of issuance for purposes of presenting the same to the Registry of Deeds. Xxx. The LT Division Chief/RDOs or ARDOs shall issue a new eCAR to the taxpayer in case the latter fails to present the eCAR to the Registry of Deeds within the three (3) year validity period. Xxx."



Wednesday, September 28, 2016

Use of Non-Thermal Paper and for the Procurement and Reconfiguration of lnformation on All Cash Register Machines (CRMs)/PointOf-Sales (POS) Machines and Other lnvoice/Receipt Generating Machine/ Software

The bureau recently issued Revenue Regulations (RR) No. 6-2016 amending further Sections 4 and 8 of Revenue Regulations (RR) No. 10-2015, as amended by RR Nos. 12-2015 and 14-2015, extending the deadline prescribed for the Use of Non-Thermal Paper and for the Procurement and Reconfiguration of lnformation on All Cash Register Machines (CRMs)/PointOf-Sales (POS) Machines and Other lnvoice/Receipt Generating Machine/ Software 

SECTION 1. SCOPE. - Pursuant to the provisions of Section 244, in relation to Sections 203, 222 and 235 of the National lnternal Revenue Code (NIRC) of 1997, as amended, these Regulations is hereby promulgated to further amend Sections 4 and 8 of RR No. 10-2015, as amended by RR Nos. 12-2015 and 14-2015, extending the prescribed deadline for the use of Nonthermal paper and for the procurement and reconfiguration of information on all CRM/POS and other invoice/receipt- generating machine/software. 

SECTTON 2. AMENDMENTS. - Sections 4 and 8 of RR No. 10-2015, are hereby amended to read as follows: 

"SECTION 4. EXISTING REGISTERED TAXPAYERS WITH CRM/POS/OTHER SIMILAR MACHINE/SOFTWARE USING THERMAL PAPER. - Xxx xxx xxx. Accordingly, all existing taxpayers with CRM/POS/other similar machines/software using thermal paper for their daily transactions are subject to the herein prescribed staggered implementation dates, to wit: 

For those subject machines registered starting: Staggered lmplementation Dates: 

July 1, 2014 onwards On or before July 1, 2018 
July 1, 2013 - June 30, 2014 On or before July 1,2017 
Prior July 1,2012 - June 30, 2013 

On or before December 31, 2016 xxx xxx xxx." "SECTlON 8. TRANSITORY PROVISIONS. - ln order to provide ample time in procuring, reconfiguring machines and systems, to comply with Section 5, adjustments shall be undertaken on or before December 3l, 2016. Any extension due to enhancements of systems required to be undertaken abroad shall seek the approval from the concerned Regional Director or ACIR, Large Taxpayer Service which shall not be longer than six (6) months from the effectivity of these Regulations." 

SECTION 3. EFFECTIVITY. -These Regulations shalltake effect fifteen (15) days after its publication in a newspaper of general circulation. 


Friday, September 23, 2016

Issue-Based Audit Under the VAT Audit Program

The bureau recently issued Revenue Memorandum Order No. 59-2016 dated September 19, 2016 with regards to the Issue-Based Audit Under the VAT Audit Program.

I. Objectives 
1. To increase audit coverage of VAT-registered taxpayers;

2. To introduce issue-based audit as part of the VAT Audit Program (VAP);

3. To facilitate completion and reporting of cases under the VAP; and

4. To prescribe policies for issue-based audits under VAP.

II. Coverage and Selection Criteria

This order shall cover the issue-based audit/investigation of VAT liabilities of VAT taxpayers by the VAT Audit Section in the Assessment Division of Revenue Regional Offices for taxable quarter(s) of 2015 and thereafter. Cases for issue-based audit shall be selected following these criteria:

A. Mandatory Case:

1. Taxpayers with VAT returns reflecting erroneous input tax carry-over (Selection Code: ITCO)

B. Priority Cases:

1. Taxpayers whose VAT compliance is below the established industry benchmarks (Selection Code: BENI)

2. Taxpayers with zero-rated and/or exempt sales due to availment of tax incentives or exemptions (Selection Code: ZEXI)

3. Taxpayers engaged in business where 80%, more or less, of their transactions are on a cash basis and whose purchases of goods and services do not generate substantial amount of input tax, such as restaurants, remittance/payment centers, etc. (Selection Code: CASI)

4. Taxpayers with VATable transactions which were subjected to expanded withholding tax but with no VAT remittance (Based on BIR Form Nos. 2550Q and 1604) (Selection Code: VTXI)

5. Taxpayers who failed to remit/declare VAT due from purchase of services from non-resident aliens (Based on BIR Form Nos. 2550Q and 1600) (Selection Code: NRAI)

6. Taxpayers who fail to declare gross sales/receipts subjected to VAT withholding on purchases of goods/services with waiver of privilege to claim input tax credit [creditable]; (Based on BIR Form Nos. 2550Q and 1600) (Selection Code: VTWI)

7. Taxpayers whose gross sales/receipts per income tax returns are greater than gross sales/receipts declared per VAT returns (Selection Code: GSRI)

8. Taxpayers filing percentage tax returns whose gross sales/receipts exceed the VAT threshold (Selection Code: PERI)

C. Exceptions: 

The following VAT returns shall be excluded from the coverage of this Order:

1. Claims for issuance of Tax Credit Certificates/refunds; and

2. VAT returns selected for audit by the National Investigation Division under the Enforcement and Advocacy Service and by the Regional Investigation Division of the Revenue Regional Offices.

III. Policies and Procedures 
1. Only Revenue Officers – Assessment (ROs - A) in the VAT Audit Section of the Assessment Division shall be authorized to conduct audit/investigation of VAT returns, whether in principal or assisting capacity.

2. The VAT Audit Section Chief shall identify VAT taxpayers for issue-based audit in accordance with the selection criteria prescribed in this Order for approval of the Regional Director (RD).

3. The Electronic Letter of Authority Monitoring System (eLAMS) or eTIS -CMS, where applicable, shall be used in the request, approval and issuance of eLAs, as well as in updating the status of the same.

4. The Assistant Commissioner – Assessment Service (ACIR – AS) may review and evaluate the approved list, which may be retrieved from the eLAMS or eTIS - CMS, to determine compliance with the guidelines set in selecting the VAT taxpayers for audit and in the assignment of cases. If upon evaluation, it is found out that a violation has been committed, the ACIR-AS thru the Deputy Commissioner-Operations Group (DCIR-OG), may recommend to the Commissioner the cancellation of the eLA and the institution of administrative proceedings against the erring official and/or employee.

5. One (1) eLA shall be issued for each taxable quarter or for two (2) quarters by the RD upon recommendation of the VAT Audit Section Chief thru the Chief, Assessment Division.

6. If an eLA has been issued under the VAP even for one (1) quarter or for two (2) quarters only, and subsequently, the same taxpayer becomes a candidate for regular audit in the Revenue District Office (RDO) based on the selection criteria prescribed in the BIR Audit Program or memorandum order issued for the purpose, the eLA covering the same taxable year for regular audit of the RDO should not include the VAT liability.

7. Each RO in the VAT Audit Section shall be required to conduct issue-based audit on ten (10) out of the maximum workload of thirty (30) cases, not counting the mandatory ITCO cases. Thus, each RO shall be assigned 10 issue-based cases based on the selection criteria prescribed in this Order and 20 regular cases based on the selection criteria identified in RMO No. 20-2012 at a given time, subject to replenishment upon the submission of the report of investigation/closure of each case. However, no RO shall be assigned the maximum workload of 10 issue-based and 20 regular cases if there are other ROs who have not been assigned the same number of cases.

8. All pending cases covered by eLAs, including cases covered by Memorandum of Assignment (cases for reinvestigation) as of the effectivity of this Order shall be counted as part of the initial workload of the RO. Thus, no new case pursuant to this Order shall be assigned to the concerned Revenue Officer until such time that his workload shall fall below the maximum workload.

9. Before the service of the eLA, the RO assigned shall perform audit analysis and prepare an Audit Plan (Annex "A") for each case to provide an audit trail for the scope of the audit and to ensure that the audit activity planned, and books and records to be examined will address the identified risks.

10. The RO shall serve, together with the electronic Letter of Authority (eLA), the Notice for the Presentation/Submission of Documents/Records (Annex "B") with checklist of requirements to the taxpayers. The concerned taxpayer shall be given ten (10) days from receipt of the Notice to present/submit the required documents and records.

If he/it does not comply with the Notice, a reminder letter (Annex "C") shall be sent immediately after the lapse of the ten-day period before a Subpoena Duces Tecum (SDT) can be recommended for issuance. No further extension for the presentation/submission of documents and records shall be allowed.

11. To facilitate the reporting of VAT audit cases, ROs shall perform only the audit procedures under Revenue Audit Memorandum Order (RAMO) No. 1-99, VAT Audit Manual, and in other revenue issuances applicable to risks identified for case selection and as a result of pre-audit analysis. Likewise, only documentary requirements prescribed in RMO No. 53-98, as amended by RMO Nos. 16-2007, 22-2007 and Revenue Memorandum Circular No. 29-2009 relating to big ticket items, that are applicable and relevant to the case, shall be attached to the docket.

Nevertheless, the RO is not precluded from applying the relevant policies and procedures of the aforementioned revenue issuances depending on the risks/areas of assessment found.

12. Third Party Information (TPI) available in the National Office shall be utilized in the audit of VAT taxpayers. For expediency, the VAT Audit Section Chief need not prepare the required Request Form. Upon receipt of the List of Selected Taxpayers for VAT Audit with eLAs Issued from the Assessment Division, the AS shall furnish the Audit Information Tax Exemption and Incentives Division (AITEID) with a copy of the said list. Subsequently, the AITEID shall provide the concerned VAT Audit Section of the Assessment Division with the preprocessed RELIEF data within five (5) days from receipt of the list.

The VAT Audit Section Chief shall submit reports prescribed under existing revenue issuances on the results of the utilization of the preprocessed RELIEF data.

13. Revenue Officers shall finish their cases and submit reports of investigation within sixty (60) and ninety (90) days from the date of issuance of eLAs covering one (1) and two (2) quarters, respectively. If the RO cannot submit the report of investigation within the prescribed audit period, he shall prepare a progress report stating therein the reason for the delay to be noted by the VAT Audit Section Chief who shall furnish a copy thereof to the Regional Director thru the Chief, Assessment Division prior to the lapse of the 60 or 90 day period, as the case may be.

14. Based on the audit findings or violations uncovered during the audit, the VAT Audit Section Chief may recommend surveillance, closure or other enforcement activity on the taxpayer.

If there are findings on VAT that may impact the income tax aspect, such findings shall be communicated by the Chief, AD to the concerned investigating office. The head of the investigating office is required to submit to the Chief AD a written memorandum as to the action taken on these findings. Thereafter, the Chief AD shall monitor the same during the review of the case.

15. In case there are deficiency VAT liabilities as result of the audit, the issuance of Preliminary Assessment Notice (PAN) and Final Assessment Notice (FAN) will be in accordance with existing revenue issuances. All cases, even those with deficiency taxes agreed to be paid by the taxpayer, should have, at the very least, duly issued PANs.

16. Cases returned to the RO after review for compliance with certain documentary audit requirements or for further conduct of audit to meet some procedural requirements or for correction of the report and/or PAN shall be considered as an addition to his existing workload upon receipt of the returned case or docket. In case the ROs’ inventory exceeded the maximum workload upon receipt of the returned cases, the excess thereon shall not be considered as a violation of this Order. Returned cases requiring compliance with certain review requirements shall be acted upon within fifteen (15) days from the receipt of the docket to ensure the conduct of quality audit and that top priority action shall be given by the concerned RO on these returned cases.

17. Issue-based cases referred to the Legal Division for issuance of SDT, issuance of legal opinion or for filing of criminal action shall be removed from the inventory of the concerned RO for purposes of replenishment of cases. The SDT shall be issued and served in accordance with RMO No. 10-2013, as amended by RMO No. 8-2014.

However, once the case is returned to the RO for continuation of audit/investigation after rendering the desired resolution/opinion on certain legal issues or after compliance of the taxpayer with the SDT, this shall be considered as part of his inventory or workload. If such returned cases result to an excess over the maximum workload, this situation will not be considered a violation.

18. All reports of investigation shall be submitted by the VAT Audit Section Chief to the Review and Evaluation Section of the Assessment Division for regular review and appropriate recommendation by the Chief, Assessment Division prior to approval by the Regional Director. The Regional Director shall act on these cases within five (5) days from receipt thereof.

19. Dockets on selected paid cases may be subjected to revalida upon instruction of the Commissioner.

20. The AS shall closely monitor the progress of eLA cases issued under the VAP. For this purpose, the concerned office under the AS shall submit a monthly summary report on the results of the VAP not later than the 10th day after the close of each month.

IV. Reporting Requirements 
a. The Chief, Assessment Division shall submit to the ACIR – AS the following reports not later than the 10th day of each month:

Name of Report / Annex

1. List of Selected Taxpayers for VAT Audit With eLAs Issued - D

2. Monthly Report on Assessment Notices Issued/ Protested/Cancelled - E

3. Monthly Report on Cases Collected - F

4. Monthly Report on Disputed and Collectible Assessments Posted in Form 40 - G 
5. Monthly Report on eLAs Issued That Were Cancelled/Transferred to Other Office/Cannot Be Located Taxpayers/Cases With No Discrepancy - H 

6. Monthly Report on Cases Referred to the Legal Division - I

b. The Chiefs of the Legal Division shall submit to the ACIR-AS, a monthly status report of cases (Annex J) not later than the 10th day of the month following the month of receipt of the docket from the VAT Audit Section thru the Chief, Assessment Division.

c. The Chiefs of the Assessment and Legal Divisions shall furnish their concerned Regional Director with a copy of the reports submitted to the ACIR – AS.

Upon the effectivity of this Order, the report format prescribed herein shall be strictly observed by all Regional Assessment Divisions and Legal Divisions. 

V. Violations 

Any violation of this Order shall be referred by the concerned revenue official to the ACIR – Internal Affairs Service (IAS), Attention: The Chief, Internal Investigation Division (IID) for investigation or the IAS, through the IID, may initiate its own fact-finding revalida on the violation/infraction of revenue officials/officers. In this regard, the ACIR-IAS, through the DCIR-OG, may recommend to the Commissioner the relief, re-assignment, transfer or imposition of administrative sanctions on any revenue official/RO violating any provisions of this Order. 

SOURCE:
http://www.bir.gov.ph/images/bir_files/internal_communications_3/Full%20Text%20of%20RMO%202016/RMO%20No.%2059-2016.pdf


Wednesday, September 7, 2016

Streamlining the Business Registration Process and Documentary Requirements

The bureau just recently issued Revenue Memorandum Circular (RMC) No. 93-2016 Streamlining the Business Registration Process and Documentary Requirements by Further Amending the List of Documentary Requirements for the Registration of Each Type of Application under "Annex A" of Revenue Regulations (RR) No. 7-2012, as Clarified Under Revenue Memorandum Circular (RMC) No. 70-2013 and RMC No. 37-2016.

1. Primary and secondary registration requirements amending the list of documentary requirements of each type of application published as "Annex A" of RR No. 7-2012 dated April 2, 2012, as clarified under RMC No. 70-2013 and RMC No. 37-2016.

The revised checklist of documentary requirements herein attached as Annexes "A1A11" included the acknowledgement of the applicant on the identified lacking documents for completion to facilitate the processing of application.

2. Steps for the registration of business in the Bureau of Internal Revenue (BIR) to be implemented as follows:

STEP 1. Apply for Registration [with complete documentary requirements (Annexes "A1-A11")]

STEP 2. Pay Annual Registration Fee [thru Mobile Revenue Collection Officers System (mRCOs), Authorized Agent Banks, Revenue Collection Officer or GCash]

STEP 3. Get Certificate of Registration with auto-approved Authority to Print (ATP) for initial principal receipts/invoices

The auto-approved ATP for initial principal receipts/invoices is only applicable to newly registered business taxpayer. But, subsequent application for receipts/invoices shall be processed in accordance with the procedures specified under existing issuances.

This Circular revokes all other circulars or issuances inconsistent herewith and shall take effect immediately. All internal revenue officers and employees are hereby enjoined to give this Circular a wide publicity as possible.