Friday, March 31, 2023

Availability of the Offline Electronic Bureau of Internal Revenue (eBIRForms) Package Version7.9.4 (New)

The availability of the Offline Electronic Bureau of Internal Revenue (eBIRForms) Package Version7.9.4 were announced by the bureau with Revenue Memorandum Circular (RMC) No. 40-2023 dated March 29, 2023 that includes the BIR Form No. 1707 Capital Gains Tax Return (For Onerous Transfer of Share of Stock Not Traded Through the Local Stock Exchange) and BIR Form No. 1707-A (Annual Capital Gains Tax Return (For Onerous Transfer of Shares of Stock Not Traded Through the Local Stock Exchange).

Taxpayers & other concerned are advised to download and update the eBIRForms Package from Version7.9.3 to Version7.9.4. 

Please consider the link: https://www.bir.gov.ph/images/bir_files/ebirforms/ebirforms_package-v7.9.4.zip to download the eBIRForms Package Version7.9.4

To read the full text of RMC No. 40-2023, please consider the link: https://www.bir.gov.ph/images/bir_files/internal_communications_2/RMCs/2023%20RMCs/RMC%20No.%2040-2023.pdf



Wednesday, March 8, 2023

An Act Institutionalizing The Grant of Student Fare Discount Privileges on Public Transportation and for Other Purposes

The Republic Act No. 11314, entitled "An Act Institutionalizing The Grant of Student Fare Discount Privileges on Public Transportation and for Other Purposes" is published by the bureau with Revenue Memorandum Circular (RMC) No. 25-2023  dated February 20, 2023 for the information and guidance of all internal revenue officials, employees and others concerned. 

Please refer RMC No. 25-2023.pdf (bir.gov.ph) of the full text of the RMC No. 25-2023 and  RMC No. 25-2023 Annex A.pdf (bir.gov.ph) to read the full text of Republic Act No. 11314.



Thursday, March 2, 2023

BIR New Business Registration (NewBizReg) Portal for Taxpayers

Taxpayers always consider the ease of doing business with regards of registration of new business. In relation with,  the bureau has launched the New Business Registration (NewBizReg) Portal. It is an alternative option in submitting application for registration of business (Head Office and Branch) to the Bureau. Taxpayer-applicants shall prepare all scanned copy of required documents to be attached and to be submitted via email through this portal to the concerned BIR Revenue District Office (RDO).

To register a business through NewBiz Portal, please click the link: BIR NewBizReg. Just complete the requirements of the five (5) Steps on How to register a business through NewBizReg Portal.