14 Apr 2021
The Commissioner of Internal Revenue (CIR) has issued RMC 50-2021 to prescribe the guidelines in the filing and payment of Annual Income Tax Return (AITR) by non-individual taxpayers for the taxable year ending 31 July 2020 to 30 June 2021 which was affected by the passing of Republic Act (RA) No. 11534 or also known as the “Corporate Recovery and Tax Incentives for Enterprises Act” (CREATE).
Non-individual taxpayers, whether eFPS or non-eFPS filers shall use the offline eBIRForms Package v7.9 (herein referred to as “eBIRForms”) in filing their AITR. The eBIRForms are available for downloading from the following sites:
The step-by-step procedure provided in the RMC shall be observed.
The BIR Form No. 1702-RT, 1702-MX and 1702-EX version in the new package has been modified and added letter “C” after the version date (i.e. 1702-RTv2018C, 1702-MXv2018C and 1702-EXv2018C). The automatic computation of tax due has been disabled and taxpayer shall indicate the rate of tax applicable based on the matrix provided. Please refer to Annex “A” for the matrix.
You may access the full version of this issuance through the BIR website.