WEEKLY TAX UPDATES [AUGUST 13-17, 2018]

A.    BIR TAX ADVISORY ON UNAVAILABILITY OF BIR FORMS 0619-E & 0619-F & IMPROPER USAGE OF BIR PAYMENT FORM 0605 FOR NO PAYMENT

The BIR has advised the public to not use BIR Payment Form 0605 in the absence of any remittance and as a substitute form for BIR Forms 0619-E and 0619-F or the monthly withholding tax remittance forms for Expanded Withholding Tax and Final Withholding Tax, respectively. Accordingly, the BIR will announce its availability. 

 

B.    BIR AMENDS RULES ON THE USE OF INVOICES/RECEIPTS OF PREVIOUSLY-REGISTERED VAT TAXPAYERS WHO ARE NOW NON-VAT TAXPAYERS PURSUANT TO TRAIN LAW

The BIR has issued Revenue Regulations (RR) No. 19-2018 dated August 9 [with released date on August 9, 2018] amending Section 13 of RR 13-2018 on the use of invoices/receipts of previously registered VAT taxpayers who are now Non-VAT taxpayers. Accordingly, the BIR provided a deadline on the use of old invoices/receipts with stamped Non-VAT by Non-VAT taxpayers.

 

During the change in registration from VAT to NON-VAT, the taxpayer must submit an inventory list of unused invoices and/or receipts as of the date of filing of application for update of registration and surrender the said invoices and/or receipts for cancellation.

 

Unused invoices/receipts, with the approval of the appropriate BIR Office, may be allowed for use, provided the phrase "Non-VAT registered as of (date of filing an application for update of registration). Not valid for claim of input tax." shall be stamped on the face of each and every copy thereof, until new registered non-VAT invoices/receipts have been printed and received by the taxpayer or until August 31, 2018, whichever comes first. Upon receipt of newly-printed registered non-VAT invoices/receipts, the taxpayer shall submit, on the same day, a new inventory list of, and surrender for cancellation, all unused previously stamped invoices/receipts.

 

C.      BIR MEDIA RELEASE ON THE ALLEGED DELAY IN REMITTANCE OF TAXES & CONTRIBUTIONS OF ITS EMPLOYEES

BIR asserted its timely remittance of taxes and contributions and clarified alleged unremitted amount as carry-over balances during the e-NGAS implementation to be refunded to BIR employees and accounts to be adjusted.