BIR Certificate of Registration

Revenue Memorandum Circular (RMC) No. 57-2020  As per this circular, the business / mayor's permit has been removed as one of the mandatory requirements for the BIR registration (COR) of new business in the Philippines and in line with the BIR Citizen's Charter. This is also to streamline the BIR process and improve "the" ease … Continue reading BIR Certificate of Registration

The BIR Rush and the eFPSyntax of 2012

Yesterday's tax filing a.k.a. Annual Income Tax Return (1702 for Corporations and Partnerships) was a total rush! Is it? Or it was a total havoc? Of course, in any system that is under a transition process will always experience some sort of glitches. Anyhow, the issuance of Revenue Memorandum Circular (RMC) No. 10-2012, the Bureau … Continue reading The BIR Rush and the eFPSyntax of 2012