RMC No. 49-2020 — Provides additional options in the acceptance and processing of the filed 2019 Income Tax Returns and its required attachments and provides guidelines thereon Digest | Full Text | Annex 1

BUREAUOFINT FVENUE REPUBLIC OF THE PHILIPPINES

BUREAU OF INTERNAL REVENUE DEPARTMENT OF FINANCE Quezon Cit MAY. 22 2020 hE 0M

RECORUS MGT.DIVISION

May 20, 2020

REVENUE MEMORANDUM CIRCULAR NO. 49 -2020

SUBJECT Providing Additional Options in the Acceptance and Processing of the Filed 2019 Income Tax Returns and Its Required Attachments and Providing

Guidelines Thereon.

TO : All Internal Revenue Officials, Employees and Others Concerned.

This circular is being issued to provide options to taxpayers in the submission of the filed 2019 Income Tax Return and its required attachments. Accordingly, taxpayers may opt to submit said requirements through the Revenue Collection Officers (RCOs) or through the on line eAFS.

SUBMISSION THROUGH RCO

Taxpayers may submit the required attachments to the Annual Income Tax Returns to the Revenue Collection Officer nearest to them, notwithstanding Revenue District Office jurisdiction

1. For income tax returns with payments made thru the online payment facility of the

AAB, the RCOs/Cos shall:

a. Stamp "Received" the returns;

The attachments to the income tax returns shall be stamped only on the page of the Balance Sheet, the Income Statement and Audit Certificate, if applicable. The other pages of the financial statements and its attachments need not be stamped "Received". In case of corporations and other juridical persons at least 2 extra copies of the Audited Financial Statements for filing with the Securities and Exchange Commission (SEC) should be stamped "Received"" pursuant to Revenue Memorandum Order (RMO) Nos. 6-2010 and 13-2011.

b. Batch and forward these returns and their respective attachments to the

concerned Document Processing Division of the Revenue Region.

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2. For income tax returns filed electronically, the RCOs/Cos shall accept and stamp

"Received" only the copies of the Filing Reference Number generated from the eFPS/E-mail Confirmation from the eBIR Forms System and the Financial Statements following the above-mentioned procedures;

For accepted out-of-district returns and required attachments, theRCOs shall forward the

documents to concerned Revenue District Offices.

I. SUBMISSION THROUGH eAFS

Any taxpayer, may submit the Filed ITR and its required attachments to the ITR on-line

thru the eAFS system of the BIR. This may be accessed through the BIR webpage at www.bir.gov.ph by clicking the icon of the eAFS thereat.

The required attachments will be grouped into three (3) document files. Taxpayers must scan the documents and save them into PDF files, named accordingly before uploading them into the eAFS:

Document Group and Manually Filed Electronically Filed

EAFSXXXXXXXXXITR2019 XXXXXXXXX - 9-digit TIN File 1 where: File Name Income Tax Return (BIR stamped by AAB Form 1702 or 1701) Proof of Payment Filing Reference Number/Email Notification

2019 -- taxable year

File 2 EAFSXXXXXXXXXAFS2019 where: Audited Financial Statements compose of the ff: Certificate of Audited Financial Statements compose of the ff: O Certificate Of XXXXXXXXX - 9-digit TIN 2019 -- taxable year required if the gross Account Independent CPA duly accredited by the BIR The CPA certificate is annual sales, earnings, exceed (3M) receipts following Form Financial (FS), including (AIF) or Information Statements schedules output and/or the required if the gross Independent CPA duly accredited by the BIR annual sales, earnings, exceed (3M) receipts The CPA certificate is Account Form following Financial FS including (AIF) or Information Statements schedules and/or output the

BUREAIAE NAT RFVENUE

MAY. 22 2020 :750M O

RECORDS MG(DIVISION

prescribed following existing Financial (FS including Statements schedules revenue under the following prescribed existing Financial (FS including Statements schedules revenue under the

issuances which must to the audited FS: form part of the Notes Taxes licenses Other and to the audited FS: issuances which must form part of the Notes Taxes licenses Other and

Statement Management's Responsibility (SMR) for Annual be disclosed in prescribed the notes to FS information Income Tax to of Annual Statement Management's Responsibility (SMR) for prescribed be disclosed in information the notes to FS Income Tax to of

Return Return

File 3 Certificate of Income Certificate of Income EAFSXXXXXXXXXOTH201 XXXXXXXXX - 9-digit TIN XXXXXXXXX - 9-digit TIN 9-01 01 - 1st file of other exceed 4.8 GB In case of additional file: EAFSXXXXXXXXXOTH201 9-02 where: 2019 - taxable year where: 2019 -- taxable year attachments File 4 02 -- 2nd file of other File size should not attachments Payments not subjected to Withholding Tax (BIR Form No. applicable; Sale of Real Properties (BIR Form No. 1606) Proof of prior year's applicable; For amended proof of tax payment Certificate of Creditable Tax Withheld at Source (BIR Form No. 2307); Duly Debit applicable; Withholding Remittance Return on Proof of Foreign Tax Credits, if applicable; excess and approved the Memo. credits, 2304),if return, return Tax Tax if i Payments not subjected to Withholding Tax (BIR FormNo. Certificate of Creditable applicable;: Tax Withheld at Source Withholding For amended proof of tax payment (BIR Form No. 2307) ; Proof of prior year's applicable; Proof of Foreign Tax Credits, if applicable; applicable; Remittance Return on Sale of Real Properties (BIR Form No. 1606) Duly Debit excess approved Memo, credits, 2304) return, Tax Tax if if if

previously filed; previously filed; and the return

BUREAU OFINTERNALREVENUE JEUTGY NNTYNI MAY 22 2020 1: 3S 0 W S

RECORDS MGT.DIVISION

submitted Alphalist of Withholding Summary submitted Report of electronically Summary Agents of Income Alphalist of Withholding Payments Subjected to Agents of Income

Proof of other payments/credit, Withholding esubmission@bir.gov.p h, if applicable; Source (SAWT)thru Tax tax at if 6 Payments Subjected to Proof of other Withholding Tax at Source esubmission@bir.gov.p h, if applicable; (SAWT)thru tax applicable; payments/credit, if Certificate Compensation Payment/Tax Withheld (BIR Form No. 2316); Others. of applicable; Certificate Compensation others Payment/Tax Withheld (BIR Form No. 2316); of

The eAFS will acknowledge successful submission by issuing a system generated Transaction Reference Number and by sending an email to the system user. This Transaction Reference Number shall serve as the proof of submission by the taxpayer, in lieu of the manual "Received" stamping. Provided that the taxpayer shall keep the original copies of the digitally submitted documents in accordance with Section 203 of the NIRC for the period as prescribed under Revenue Regulations 17-2013. Provided further that the same shall be presented, upon request, to the BIR . For a detailed guideline on how to use the system, please refer to Annex 1 of this Circular.

All concerned revenue officials and employees are enjoined to observe the protocol on social distancing issued by the Inter-Agency Task Force and give this Circular as wide a publicity as possible.

1os a1y

Commissioner of Internal Revenue CAESAR R. DULAY

J 035112

UREAUOF INTERNAL REVENUE RECORDSMGT.DIVISION T NNYYN MAY 22 2020 1.35 aN Y