Bureau of Internal Revenue
The Bureau of Internal Revenue (BIR) Website (www.bir.gov.ph) is a transaction hub where the taxpaying public can conveniently access anytime, anywhere updated information on the Philippine tax laws and their implementing regulations and revenue issuances, including information on BIR Programs and Projects.
How To Get BIR Form 2303 (Certificate of Registration): An
The BIR Form 2303, also called Certificate of Registration (COR), is an official document that gives the holder the legal rights to operate a business in the Philippines.
I don’t have a BIR 2303 yet, what are the requirements to get one?
Mar 19, 2024 · Here's a breakdown of specific requirements for obtaining a BIR 2303 (Certificate of Registration) For Corporations and Partnerships: Accomplished BIR Form 1903 Photocopy of Mayor's Permit Photocopy of SEC Certificate of Incorporation Location Sketch or Vicinity Map: Include a sketch or map of the business address.
BIR Form 2303 or Certificate of Registration for PH Businesses
Oct 11, 2021 · BIR Form 2303 or the Certificate of Registration, is one of the most important documents for businesses. We explain everything you need to know about it!
3 Tax Deductible Expenses with Limitations in Philippines
As a rule, business expenses in the Philippines that is ordinary and necessary to the conduct of trade, business, or practice of profession in the Philippines is deductible to the extent of actual payments.
Corporate income taxation in a nutshell | Grant Thornton
Feb 16, 2021 · Moreover, to avoid disallowance of expenses and imposition of penalties in case of BIR assessment, taxpayers must ensure that deductions claimed in the ITR have been subjected to the applicable withholding tax.
REVENUE MEMORANDUM CIRCULAR NO. 3-2023 issued on January 10, 2023 prescribes the policies and guidelines on the Online Registration of Books of Accounts.
BIR clarifies tax treatment of interest on borrowings
Feb 25, 2024 · With this, the BIR issued Revenue Memorandum Circular No. 19-2024 on February 5, 2024, which aims to provide clarification on how interest expenses related to the taxpayer’s profession, trade or business, and other related …
The VAT zero-rating on local purchases of goods shall be availed of on the basis of the VAT zero-rating certification issued by the concerned IPA, without prejudice, however, to the conduct of post audit investigation/verification by the Bureau of Internal Revenue (BIR) that the goods are indeed directly and exclusively used by the registered ...
BIR updates rules and process in accreditation of sales machines
Jul 21, 2023 · Sales machines and software that generate invoices and receipts should be accredited with the Bureau of Internal Revenue (BIR) using the Enhanced Electronic Accreditation and Registration (eAccReg) System, according to a new order from the agency.