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2023 year-end compliance reminders - BusinessWorld Online

2023 year-end compliance reminders - BusinessWorld Online
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

Bureau of internal revenueInternal revenueLocal government unitsAnnual information returnsAnnual alpha listTax withheldAnnual registration feeComputerized booksUpdate system

[Ask the Tax Whiz] What do you need to know about the removal of 5-year validity of receipts/invoices?

On June 30, 2022, the BIR issued Revenue Regulations 6-2022, which removed the five-year validity period on all manual and system generated principal and supplementary invoices and receipts

Head office or branchOther sales receipting softwareAuthority to printEfficient government service deliveryRevenue regulationsRepublic actEfficient government service delivery actComputerized accounting systemComputerized booksCash register machinesHead office

What to expect from BIR tax mapping - BusinessWorld Online

What to expect from BIR tax mapping - BusinessWorld Online
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

Authority to printBureau of internal revenueRdo lt divisionNational internal revenue codeInternal revenueTax compliance verification driveRevenue memorandum orderAnnual registration feeRevenue regulationsRevenue memorandum circularTaxpayer identification numberCash register machinesAccounting systemsComputerized booksIpos systemsEnhanced electronic accreditation

Tax Notes: Required online registration of books of accounts via Orus

Tax Notes: Required online registration of books of accounts via Orus

Bureau of internal revenue online registrationHead office or branchRevenue district office large taxpayers divisionInternal revenueOnline registrationUpdate systemQuick responseNew businessManual booksIncome taxExisting businessPermanently bound loose leaf booksComputerized booksRevenue districtLarge taxpayersHead office

Taxpayers clamor heeded: It s a YES!

Maintaining the equilibrium between the state and its taxpayers, the Bureau of Internal Revenue revisited some policies and business processes after heeding the clamor of some taxpayers.

Efficient government service deliverySales receipting softwareBureau of internal revenueRevenue district officeAuthority to printInternal revenueRevenue regulationsRepublic actDoing businessEfficient government service delivery actRevenue memorandum circularSupplementary receiptsComputerized accounting systemComputerized booksSales receiptingRevenue memorandum order