2011 BIR Monitor

The BIR has issued RR No. 19-2011 last December 9 to prescribe the new BIR Forms that will be used starting this year’s Income Tax filing season.

The BIR launched the eFPS Offline Form Application via the BIR Website last November 16.

A new set of BIR Forms will be used in the filing of the annual Income Tax returns (ITRs) starting next year.

Toll fees received from all types of vehicles are subject to the Value-Added Tax (VAT) starting 12:01 AM of October 1, 2011.

The BIR celebrated its 107th founding anniversary last August 1 at the BIR covered court with austere but meaningful and fun-filled program carrying the theme, “Buwis Mo Para sa Bagong Pilipinas”.

Commissioner Kim S. Jacinto-Henares recently revoked four (4) BIR Rulings exempting the premiums and contributions paid to Pag-Ibig, GSIS and SSS from the Income Tax.

The BIR issued Revenue Regulations No. 7-2011 last June 14 to clarify the tax treatment of electoral campaign contributions and expenditures, particularly the excess campaign funds.

Last May 5 and 6, Commissioner Kim S. Jacinto-Henares, together with other top revenue officials, met with donor agency representatives to discuss the Bureau’s reform updates and funding requirements.

The BIR launched last April 4 the Sustainability of I-Returns Project (Document Imaging) in Revenue Region No. 7-Quezon City. 

The BIR kicks off its 2011 tax campaign with the theme, “Buwis Mo Para Sa Bagong Pilipinas” last February 8 at the Trinoma Activity Center in Quezon City.

The BIR, in collaboration with the Department of Finance, launched last January 21 the Asset Information Management Program at the Bureau’s National Training Center Auditorium.