By Arianne Cyril L. Mandac
Earlier this month, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 4-2021, which lays down the guidelines for the filing of tax returns and attachments, as well as the payment of the taxes due. The RMC did not, essentially, introduce any changes to the prescribed manner of filing and payment of tax returns, but it is nevertheless important to refresh ourselves on these guidelines to ensure proper compliance and avoid unnecessary penalties and inconvenience.
ELECTRONIC FILING AND PAYMENT OF TAX RETURNS
The electronic mode of filing of tax returns can either be via the eBIR Forms or the Electronic Filing and Payment System (eFPS) Facility. Several regulations were previously issued by the tax authority, which identified taxpayers for whom the filing of tax returns using these electronic filing platforms is mandatory. Nevertheless, other taxpayers may also opt to voluntarily file their tax returns electronically.
FCC to Require Email Address on Applications Starting on June 29, 2021 12/31/2020
Effective on June 29, 2021, amateur radio licensees and candidates must provide the FCC with an email address on all applications. If no email address is included, the FCC may dismiss the application as “defective.”
On September 16, the FCC adopted a
Report and Order (
R&O) in WT Docket 19-212 on “Completing the Transition to Electronic Filing, Licenses and Authorizations, and Correspondence in the Wireless Radio Services.” The
R&O was
published on December 29 in the
Federal Register. The FCC has already begun strongly encouraging applicants to provide an email address. Once an email address is provided, the FCC will email a link to an official electronic copy of the license grant. An official copy will also be available at any time by accessing the licensee’s password-protected Universal Licensing System (ULS) account.
Applications to intervene and participate in this case must be filed no later than
January 12, 2021, with the Secretary of the Missouri Public Service Commission, P.O. Box 360, Jefferson City, Missouri 65102, or by using the Commission’s Electronic Filing and Information System (EFIS) at www.psc.mo.gov .
According to the Commission, individual citizens wishing to comment should contact either the Office of the Public Counsel (Governor Office Building, 200 Madison Street, Suite 650, P.O. Box 2230, Jefferson City, Missouri 65102-2230, telephone (866) 922-2959, email opcservice@opc.mo.gov) or the Public Service Commission Staff (P.O. Box 360, Jefferson City, Missouri 65102, telephone 1-800-392-4211, email pscinfo@psc.mo.gov). The Office of the Public Counsel is a separate state agency that represents the general public in matters before the Commission.
Eliminates Certain Form 99 Filings with the Investor
Protection Bureau of the Department of Law
Background
Regulation D under the U.S. Securities Act of 1933, as amended
(the 1933 Act ), permits the sale of securities by
issuers of those securities without registration under the 1933
Act.
1 An issuer claiming an exemption under
Regulation D must electronically file Form D with the U.S.
Securities and Exchange Commission (the SEC), thereby notifying the
SEC of the Regulation D offering, no later than 15 calendar days
after the first sale of securities in the offering.
2
Under Section 18 of the 1933 Act
3, any private
placement made in accordance with Rule 506 of Regulation D will