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The Circular provides guidelines in the filing of Annual Income Tax Returns (AITR) for Calendar Year (CY) 2022, as well as the payment of corresponding taxes due thereon, until April 17, 2023.

The BIR announced the implementation of its online application for registration and update system through the Online Registration and Update System (ORUS) starting January 23, 2023. In this regard, the taxpayers, whether an individual or juridical entity, may now obtain tax identification number (TIN) online, subject to submission of documentary requirements

RMC No. 7-2023 provides clarification on the Return Processing System (RPS) Assessment being issued by the BIR

RMC No. 141-2022 provides transitory provisions for the implementation of the quarterly filing of VAT Returns starting January 1, 2023 pursuant to Section 114(A) of the Tax Code, as amended, and as implemented under Section 4-114-1(A) of Revenue Regulations No. 13-2018.

RMC No. 131-2022 announces the availability of offline Electronic Bureau of Internal Revenue Forms (eBIRForms) Package Version 7.9.3 downloadable from the following sites

RMC No. 122-2022 discusses the updating of registration information record of taxpayers who will enroll in the BIR’s Online Registration and Update System (ORUS). ORUS will allow the taxpayers to register, update and transact registration-related transactions online.

Removal of Five(5)-year Validity Period on Receipts/Invoices

Guidance on the Filling of Requests for Confirmation, Tax Treaty Relief Applications, and Tax Sparing Applications

Providing Clarification and Guidance on Section 8 of Revenue Regulations (RR) No. 5-2021 on the Tax-Free Exchanges of Properties Under Section 40(C)Q) of the National Internal Revenue Code (Tax Code) of 1997, as Amended by Republic Act (RA) No. 11534 or the CREATE.

EXTENSION OF THE DEADLINE FOR THE FILING OF APPLICATIONS AND SUSPENSION OF’THE NINETY(90) DAY PROCESSING OF VALUE ADDED TAX (VAT)REFI]I\D CLAIMS PURSUANT TO SECTION 112 OF THE TAX CODE OF 1997, AS AMENDED BY THE R.A. NO. 10963(TRAIN LA}Y) WITH THE VAT CREDIT ATIDIT DIVISION(vcAD)

Clarifying the Computation of Donor’s Tax in Case the Heir Waives/Renounces His Shares for the Specific Property Forming Part of the Estate of the Decedent.

Amending Certain Provisions of Revenue Regulations No. 6-2019 to Implement the Extension of the Estate Tax Amnesty Pursuant to Republic Act (RA) No. 1159, Which Amended RA No. 11213, Otherwise Known as the “Tax Amnesty Act”

SUSPENSION OF THE RUNNING OF THE STATUTE OF LIMITATIONS ON ASSESSMENT AND COLLECTION OF TAXES PURSUANT TO SECTION 223 OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, DUE TO THE DECLARATION OF ENHANCED COMMUNITY QUARANTINE (ECQ) AND MODIFIED ECQ (MECQ) IN THE NATIONAL CAPITAL REGION (NCR) AND OTHER AREAS OF THE COUNTRY.

MC No. 2, series of 2023, discusses the guidelines and procedures for the availment of the grant of amnesty for non-filing and late filing of the general information sheet and annual financial statements, and non-compliance with MC No. 28, series of 2020.

SCHEDULES FOR FILING OF ANNUAL FINANCIAL STATEMENTS AND GENERAL INFORMATION SHEET