Live Breaking News & Updates on Electronic Audited Financial Statement

Stay updated with breaking news from Electronic audited financial statement. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Pandemic tax filing — Boon or bane? - BusinessWorld

BusinessWorld
May 5, 2021 | 7:27 pm
By Giselle Juliane
Recently, the Bureau of Internal Revenue (BIR) released its tax campaign jingle âPara sa Pilipinoâ with the following lyrics:
Sino pa ba ang tutugon
Para sabay-sabay ang pagbangon
Sama-sama sa hamon ng panahon
(Who else will answer the call/to bring everyone up together/Progress is our ambition/Hand in hand we meet the challenge of the times)
As the words suggest, everyone has to pay their share to fund economic recovery, given the countryâs current state. Thus, the tax filing deadline for 2020 was not extended.
While the BIR released a number of pronouncements to address concerns about tax filing during a pandemic, I cannot help but mull over the benefits and disadvantages of these issuances. ....

Bank Bulletin , Bureau Of Internal Revenue , National Capital Region , Internal Revenue , Revenue Memorandum Circular , Income Tax Return , Electronic Audited Financial Statement , வங்கி புல்லட்டின் , பணியகம் ஆஃப் உள் வருவாய் , தேசிய மூலதனம் பகுதி , உள் வருவாய் , வருவாய் மெமோராண்டம் வட்ட , வருமானம் வரி திரும்ப , மின்னணு தணிக்கை செய்யப்பட்டது நிதி அறிக்கை ,

Revisiting the manner of tax filings and payment

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 electronicall ....

Arianne Cyrill Mandac , Water Utilities Administration , Taxpayer Account Management Program , Bureau Of Internal Revenue , Development Bank , Land Bank , Union Bank Online Web , Robinsons Bank , Information Return On Related Party Transaction , Revenue District Office , National Electrification Administration , Large Taxpayers Service Or Revenue District Office , Union Bank , Arianne Cyril , Internal Revenue , Revenue Memorandum Circular , Electronic Filing , Payment System , Time Transaction , Local Water Utilities , Payment Returns , Sagent Bank , Collection Officers , Mobile Revenue Collection Officer System , Pay Tax Online , Mastercard Credit Card ,