revenue_memorandum_circular RMC No. 16-2020RMC No. 16-2020 2020-02-27

RMC No. 16-2020 — Circularizes the availability of offline Electronic Bureau of Internal Revenue Forms (eBIRForms) Package Version 7.6

9

B BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE RUREAU OF INTERNAL REVENUE RECORDS MGT.DIVISION LNTYYYN FEB 27 2020 CU a:15 0mU an JL

February 27, 2020

REVENUE MEMORANDUM CIRCULAR NO. IK- 2020

SUBJECT : Availability of Offline Electronic Bureau of Internal Revenue Forms (eBIRForms)

Package Version 7.6

TO : All Internal Revenue Officials, Employees and Others Concerned

Version 7.6, which is currently downloadable from the following sites: This Circular is being issued to disseminate the availability of the Offline eBIRForms Package

2. www.knowyourtaxes.ph 1. www.bir.gov.ph; and

2 following forms: The new Offline eBIRForms Package now includes the January 2018 (ENCS) version of the

BIR Form No. Form Name

e 1700V2018 Annual Income Tax Return for Individuals Earning Purely Profession Income) Compensation Income (Including Non-Business/Non

1702MXv2018 Annual Income Tax Return for Corporation, Partnership and

Other Non-Individual with MIXED Income Subject to Multiple Income Tax Rates or with Income Subject to SPECIAL/ PREFERENTIAL RATE

Income Tax Return for Individuals (including MIXED income earner), Estates and Trusts] is already implemented in the new Offline eBIRForms Package. In addition, field validation and automated computation on BIR Form No. 1701 [Annual

Payment of the taxes due thereon, if any, shall be made thru:

oaa a. Manual Payment -

Y Authorized Agent Bank (AAB) located within the territorial jurisdiction of the

N > In places where there are no AABs, the return shall be filed and the tax due Revenue District Officer (RDO) where the taxpayer is registered; or

HOHUOTL shall be paid with the concerned Revenue Collection Officer (RCO) under the jurisdiction of the RDO using MRCOS facility. Fogeli2

BE Paceili

W

S b. Online Payment --

Y Thru GCash Mobile Payment; > Landbank of the Philippines (LBP) Link.bizPortal - for taxpayers who have

> Development Bank of the Philippines (DBP) Tax Online - for taxpayers- ATM account with LBP and/or holders of Bancnet ATM/Debit Card;

B Y holders of Visa/Master Credit Card and/or Bancnet ATM/Debit Card; or Union Bank Online Web and Mobile Payment Facility -- for taxpayers who

PESONet through LBP Link.bizPortal -- for taxpayers who have account with have account with Union Bank. RCBC and Robinsons Bank

All concerned are hereby enjoined to give this Circular as wide a publicity as possible.

380m

S H-2 (Mariam Commissioner of Internal Revenue CAESAR R. DULAY 033217

BUREAUOFINTERNAL REVENUE RECORDS MGT.DIVISION nanYIY FEB"27 2020 CJc EjS yOM GN

D

Page2l2

Want an analysis of this document?

Ask ASG Legal AI to summarize it, compare it with other rulings, or explain how it applies to your situation — it researches from this same library.