Tax Alert No. 50 [Revenue Memorandum Circular (RMC) No. 111-2021 dated 21 October 2021]

25 Oct 2021

Availability of Offline Electronic Bureau of Internal Revenue Forms (eBIRForms) Package Version 7.9.2 

The Commissioner of Internal Revenue has issued RMC No.111-2021 to disseminate the availability of the Offline eBIRForms Package Version 7.9.2, downloadable from www.bir.gov.ph and www.knowyourtaxes.ph.

The new Offline eBIRForms Package includes the January 2018 version of the following forms:

BIR Form No. Description
2552 Percentage Tax Return for Transactions Involving Shares of Stock Listed and Traded Through the Local Stock Exchange or Through Initial and/or Secondary Public Offering
1600-VT Monthly Remittance Return of Value-Added Tax Withheld
1600-PT Monthly Remittance Return of Other Percentage Taxes Withheld
1701 Capital Gains Tax Return for Onerous Transfer of Shares of Stocks Not Traded Through the Local Stock Exchange
2200-C

Excise Tax Return for Cosmetic Procedures

The package also contains bug fixes for BIR Form Nos. 1702-MXv2018 and 1702MXv2018C.

You may access the full version of the Circular through the BIR website.

Contact us

Lyn Golez-Geronan

Lyn Golez-Geronan

Tax Librarian, PwC Philippines

Tel: +63 (2) 8845 2728