RMC No. 43-2021 — Prescribes the revised guidelines on the use of the Electronic Audited Financial Statements (eAFS) System Digest | Full Text

RF,PI]BI,IC OF THE PHII,IPPINF,S BUREAU 0F ttuFrpr,r*[ DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE Quezon City REQQRDii MGT. DIVI$I March 3l ,2021 REVENUE MEMORANDUM CIRCULAR NO. 4\. Yl II : SUBJECT Prescribing the Revised Guidelines on the use of the Electronic Audited Financial Statements (eAfS) System, amending for that purpose Revenue Memorandum Circular (RMC) Nos. 49-2020 & 82-2020 TO : AII Internal Revenue Officials, Employees and Others Concerned This circular is being issued to provide for the revised guidelines in the use of the eAFS System in the submission of duly filed Income Tax Return (ITR) and its required attachments, including BIR Form No. 1709. Accordingly, all concerned taxpayers submitting documents through the oAIS System shall scan the documents for submission and observe the following procedures: A. For submission of attachments to the ITR, the following naming convention shall be observed: File I - Income Tax Return : EAFS)OO(X)OOOC(ITRTYMMYYYY File 2 - Audited Financial Statements : EAFSXXXXXXXXXAFSTYMMYYYY File 3 - Form 1709: EAFSXXXXXXXXXRPTTYMMYYYY File 4 - Tax Credits: EAFSXXXXXXXXXTCRTYMMYYYY-OI File 5 - Other Attachments : EAFSXXXXXXXXXOTIITYMMYYYY Where : X)OO(XXXXXX is the 9-digit TIN TY is the placeholder for Taxable Year to identifu it as annual submission; regardless if Fiscal or Calendar Year submission MM is the Month end of the Taxable Year YYYY is the Year Ended 01 is the first file of other attachments up to 99 (applicable onlv for File 4 - Tax Credits)

Example 1 - Taxpayer submitting for Calendar year 2020 (ended December 31,2020); with TIN T23-456-789 File 1 * EAFS 123456789ITRTY 122020 File 2 - EAFS123456789AFSTY122020 Fite 3 - EAFS123456789RPTTY122020 File 4 - EAFS123456789TCRTY122020..01 File 5 - EAFS123456789OTHTY122020 Example 2 -Taxpayer submitting for Fiscal year ended October 31,2020; with TIN 987-654-321 File I - EAFS987654321ITRTY102O2A F lle 2 - EAFS987 65 4321 AF STY 1 02020 File 3 - EAFS987654321RPTTY102020 File 4 - EAFS987654321TCRTY102020-01 File 5 - EAFS987654321OTHTY102020 B. In submitting the attachments to the ITR, the following documents shall be scanned and classified with the corresponding naming conventions of the files. Document Group and File Manually Filed Electronically Filed Name . xxx . xxx File 1 EAI' S XXXXXXXXXITRTYI\{M Audited Financial Audited Financial YYYY File 2 Statements compose of the Statements compose of the ff: ff: EAFSXXXXXXXXXAFSTYMM YYYY xxx . xxx (not aoolicable for Quarterly Submissions) File 3 .W o BIR Form 1709 EAFSXXXXXXXXXRPTTYM MYYYY (Information Return (Information Return (mandatory for taxttalelq on Transactions on Transactions required under Section 2 of with Related Partv) with Related Party) RR 34-2020; not applicable for Quarterlv Submissions) o Certificate of .@ File 4 Creditable Tax Creditable Tax EAFSXXXXXXXXXT(]RTYM BUREAU Withheld at Source Withheld at Source EVF_f..iUE fnYiE tAR sl202t++i i #,&S+""1;U ,;,';' ivlGT. DIVISION a

ln case of additional file: (BIR Form 2307) (BlR Form 2J07) . Certificate of Final Tax Withheld at Certificate of Final File 4 Tax Withheld at EAFSXXXXXXXXXTCRTYM Source (BIR Form Source (BIR Form MYYYY.O2 2306) 2306) where: o Certificate of Certificate of 02 - 2nd file of other Compensation Compensation attachments; up to 99 Pavment / Tax Payment / Tax Withheld for Withheld for Compensation Compensation Pavment With or Payment With or Without Tax Without Tax Withheld (BIR Withheld (BIR Form 2316) Form 2316) .@ Withholdins Tax Remittance Return Remittance Return on Sale of Real on Sale of Real Property (BIR Form Property (BIR Form 1606) 1606) o Proof of Foreign Tax Proof of Foreign Tax Credits. if applicable Credits. if applicable .@ Proof of other tax credits. if applicable credits. if annlicable File 5 Certificate of Income .@ EAFSXXXXXXXXXOTHTYM Pavments not Pavments not subiected to subiected to NTYYYY Withholdine Tax Withholdine Tax (BIR Form 2304). if (BIR Form 2304). if applicable applicable Duly approved Tax .@ Demit Memo. if Demit Memo. if apnlicable annlicable Proof of prior year's .@ excess credits, if excess credits. if applicable applicable For amended return. .@ proof of tax proof of tax payment and the payment and the return previouslv return Dreviouslv filed filed BUR ltt It\ OF IN"TERN At- RHVEI.IUE fn\ 1N Tirr Tr \T ri I [4AR 3 2021 a Ct^, tilii ! Z ' . f-,|.::t J.Y 11' x.i COxDS MGT. DIVIS ON

Summarv Alphalist of Summarv Alphalist of Wihholdine Aeents of Income Payments Wihhokline Aeents of Income Pavments Subiected to Subiected to Withholdine Tax at Withholdins Tax at Source (SAWT). Source (SAWT). includinq report of including report of electronic electronic submission thru submission thru esu b m i ssi oniZl tr i r. go esu bmission(rDbir.go r'.ph. if apolicahle v.ph. if anplicable Others Others This Circular shall take effect immediately. All internal revenue officials, employees, and others concerned are hereby enjoined to give this Circular as wide a publicity as possible. /lffit-"[lQf:] CAESAR R. DULAY Commissioner of.Internal Revenue $' ,04 r $ o: BUREA UOFI N"TERNAL REVEI+UE ]fi]i t021 '"'.;S MGT. DIVIStON