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Small businesses required to file withholding tax forms online


BusinessWorld
August 5, 2021 | 12:31 am
FREEPIK
THE Bureau of Internal Revenue (BIR) is requiring even small businesses to file their withholding tax certificates online amid ongoing lockdown restrictions due to the coronavirus pandemic.
“This is to lessen face-to-face transactions with the office,” BIR Deputy Commissioner Marissa O. Cabreros said via Viber message.
Under Revenue Regulations No. 16-2021 issued on Aug. 3, the requirement to file withholding tax certificates online “shall apply to all taxpayers whether or not registered with the Large Taxpayers Service (LTS) of the BIR.”
Taxpayers are required to scan the original copies of their BIR Forms 2307 and 2316 and store such documents under the submission facilities of the BIR, with the name formats prescribed by the agency. ....

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BIR says list of penalties for violating fuel marking rules highlights TRAIN changes

BIR says list of penalties for violating fuel marking rules highlights TRAIN changes
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.

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BIR keeps close eye on Airbnb's tax compliance


BusinessWorld
May 28, 2021 | 12:32 am
By
Reporter
THE BUREAU of Internal Revenue (BIR) has started to monitor the tax compliance of online leasing platforms such as Airbnb, top officials said.
“We are checking and validating Airbnb tax payments and compliance,” BIR Deputy Commissioner Arnel SD. Guballa told
BusinessWorld in a Viber message on Thursday, without disclosing further details.
House Ways and Means Chair and Albay Rep. Jose Maria Clemente S. Salceda said the BIR is already imposing taxes on online leasing platforms but “had difficulties with enforcing the regulations.”
“Airbnb itself said in 2019 that they want to contribute revenues. I’ll keep working with the BIR to find a satisfactory way to enforce the law on them,” Mr. Salceda, who also authored a bill on digital taxes, said on Thursday. ....

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