2014 BIR Monitor

Starting January 1, 2015, accredited importers and taxpayers included in the BIR's Taxpayer Account Management Program (TAMP) are required to use the Bureau's Electronic Filing and Payment System (eFPS) in the filing of tax returns and payment of taxes.

Starting on September 24, 2014, selected Non-Electronic Filing and Payment System (Non-eFPS) filers are mandated to use the Electronic BIR Forms (eBIRForms) in the preparation and filing of all their tax returns.

To ensure that no delinquent taxpayer shall be granted with tax refunds, cash conversion of Tax Credit Certificates and Value-Added Tax monetization, CIR Kim S. Jacinto-Henares has issued Revenue Memorandum Circular No. 70-2014 on September 9, 2014.

BIR has prescribed the affixture of new Internal Revenue Stamps on cigarettes through the issuance of Revenue Regulations No. 7-2014 on September 8, 2014.

Vol. 16 No. 7

A momentous celebration happened on August 1, 2014 as the BIR commemorated its 110th Founding Anniversary.

Top BIR officials and selected personnel attended the Executive Orientation on the Internal Revenue Stamps Integrated System (IRSIS) conducted on July 1, 2014 at the BIR Executive Conference Room.

All revenue officials and personnel participated in the nationwide conduct of the BIR Employee Satisfaction Census held on June 17 to 18, 2014.

To avoid revenue losses related to property transfer transactions, the BIR has developed a new web-based system called Electronic Certificate Authorizing Registration (eCAR).

All importation of articles subject to Excise Tax shall be issued an Electronic Authority to Release Imported Goods (eATRIG) by the BIR per RMO No. 14-2014 issued on March 19, 2014.

Importers and customs brokers shall undergo a two-phase accreditation process with the BIR and the BOC, which is required under Department Order No. 12-2014 issued by the Department of Finance.

BIR launched its 2014 tax campaign on February 3, 2014 at the Luxent Hotel carrying the theme "I Love the Philippines, I Pay My Taxes Right. It's as Easy as RFP".