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Extension of 1604C and 1604F

BIR has issued RMC 17-2021 dated January 26, 2021 extending the filing of 1604C and 1604F, including the QAP for the 4th Quarter 2020 from January 31, 2021 to February 28, 2021. Also, resubmission of alphalist from old version to new version is no longer required. Attached is the pronouncement for complete reference.

NOLCO 2020-2021

The BIR issued RR 25-2020 dated September 30, 2020 signifying that NOLCO for the year 2020 to year 2021 can be carried forward for the next five years.

Suspension of All Audit and other Field Operations of the Bureau of Internal Revenue Effective December 15, 2O2O (RMC 127-2020)

All field audit and other field operations of the Bureau of Internal Revenue relative to examinations and verifications of taxpayers’ books of accounts, records and other transactions are hereby ordered suspended for the period December 15,2O2O to January 7,2021. Thus, no field audit, field operations, or any form of business visitation in execution of eLettersContinue reading “Suspension of All Audit and other Field Operations of the Bureau of Internal Revenue Effective December 15, 2O2O (RMC 127-2020)”

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