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 ...
Source: bworldonline.com