RMC No. 25-2009 — Circularizes the transition procedures for all eFPS filers in filing tax returns affected by RA No. 9504 and RR No. 7-2008 Digest | Full Text

REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE Quezon City April 2, 2009 REVENUE MEMORANDUM CIRCULAR NO. 25 - 2009 Subject : Transition Procedures for All eFPS Filers in Filing Tax Returns Affected by the New Legislative La w (RA No. 9504), and Taxation on the Sale to the Bangko Sentral ng Pilipinas (BSP) of Gold and Other Metallic Mineral Products Extracted or Produced by Small Scale Miners (RR No. 7-2008) To : All Internal Re venue Officials, Employees and Others Concerned Relative to the implementation of the new laws, the following BIR forms were enhanced: I. Pursuant to Republic Act No. 9504 Item BIR Description Form Version No Form Date 1 No. Monthly Remittance Return of Income Taxes 2 1601C Withheld on Compensation July 2008 ENCS 1604CF Annual Information Return of Income Taxes July 2008 ENCS 3 Withheld on Compensation and Final Withholding 1700 Taxes July 2008 ENCS 4 Annual Income Tax Return For Individuals Earning 1701 Compensation Income and Marginal Income July 2008 ENCS 5 Earner (Including Non- Business/Non-Profession 1701Q Related Income) July 2008 ENCS 6 Annual Income Tax Return For Self-Employed 7 1702 Individuals, Estates and Trusts (Including those July 2008 ENCS 1702Q w/ both Business & Compensation Income) July 2008 ENCS Quarterly Income Tax Return For Self-Employed Individuals, Estates and Trusts (Including those w/ both Business & Compensation Income) Annual Income Tax Return (For Corporations, Partnerships and Other Non- Individual Taxpayers) Quarterly Income Tax Return (For Corporations, Partnerships and Other Non- Individual Taxpayers) II. Pursuant to Revenue Regulations No. 7-2008 Item BIR Description Form Version No Form Date 1 No. Monthly Remittance Return of Creditable Income 1601E Taxes Withheld (Expanded) (Except for August 2008 transactions involving onerous transfer or real ENCS property classified as ordinary asset) 1 of 2

The enhanced forms are available for use in all Revenue District and Large Taxpayers Offices. However, the above enhanced BIR Forms are not yet available in eFPS. In view of this, the following work-around procedures shall be adopted by all eFPS filers: 1. eFPS filers shall e-file using the existing online form with the following procedures: a. Fill-up the necessary fields of the corresponding available BIR form. b. Submit the filled-up return (disregard the system computed fields) and wait for the filing reference number. c. e-Pay the manually computed tax due (based on the enhanced BIR form). d. Submit Filing Reference Number Page together with the properly filled-up applicable enhanced forms to the Revenue District and Large Taxpayers Offices where they are registered fifteen (15) days after e-filing and e-payment. Manual submission shall no longer be required once the enhanced BIR Forms becomes available in eFPS. 2. Once the enhanced forms are available in the eFPS, e-filers are required to amend the previously filed old tax returns in eFPS within five (5) days from date of announcement via the BIR Website by encoding the contents of the applicable enhanced forms formerly submitted to the Revenue District. e-Payment shall no longer be required if the tax due on the amended returns is equal to the amount previously paid. However, if the tax due on the amended return is greater than the amount previously paid, taxpayer shall e-pay the unpaid amount. All Revenue Officials are hereby enjoined to give this Circular as wide as publicity as possible. (Original Signed) SIXTO S. ESQUIVIAS IV Commissioner of Internal Revenue G-2 ______NMA ______LCG ______ASS ______APR ______VVS ______CEC 2 of 2