Business Taxation Processes

Business Taxation
Processes
NIRC, as amended by
RA 10963 (TRAIN LAW)
By: Ronald Allan V. Miranda Jr.

Revenue Officer I
Assessment Section
BIR - RDO 15
RA 10963
Business Taxation Processes
Business Tax Administration Course

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April 2019
Taxation Process
Audit/
Registration Filing Payment
Enforcement
ITS/eTIS

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April 2019
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April 2019
Related Issuance
Revenue Regulations No. 7-2012
Subject: Amended Consolidated Revenue
Regulations On Primary Registration, Updates,
and Cancellation

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Definition of Terms
Primary Registration – the process by which a
person, whether an individual, including estates and
trusts, or a corporation and other juridical entities,
upon application and full compliance with the
registration requirements prescribed in these
Regulations, is registered with and consequently
included in the registration database of the Bureau
of Internal Revenue (BIR).
TIN Issuance and Registration – issuance of TIN

to all persons who will engage in business, practice
of profession or employment

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Definition of Terms
Purely TIN Issuance – TIN issued to applicants under
Executive Order (EO) 98, series of 1998.
Secondary Registration – subsequent registration

activities after the issuance of BIR Certificate of
Registration (COR) engaged in business relative to the
printing and issuance of official receipts/sales invoices;
keeping/registering of books of accounts and other
accounting records; applying for certain accreditation
requirements and securing other applicable
registration-related permits.

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Definition of Terms
Taxpayer Identification Number (TIN) – system-

generated reference index number issued and
assigned by the BIR to each and every person
registered in its database.
Overseas Contract Worker (OCW)/Overseas

Filipino Worker (OFW) – an individual citizen of the
Philippines as defined in Section 2 of the Revenue
Regulation 1-2011

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Definition of Terms
Commencement of Business – in the case of
pursuit of business or practice of profession, it shall
be reckoned from the day when the first sale
transaction occurred or within thirty (30) calendar
days from the issuance of Mayor’s
Permit/Professional Tax Receipt (PTR) by LGU, or
Certificate of Registration issued by the Securities
and Exchange Commission (SEC), whichever
comes earlier.

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Definition of Terms
Head Office (HO) – the declared specific or

identifiable principal place/head office of business as
stated in the Articles of Incorporation/Articles of
Partnership/Articles of Cooperation/DTI Certificate of
Registration, as the case may be, or, in the absence
thereof, the place where the complete books of
accounts are kept.
Branch – a separate or distinct establishment or

place of business where sales transactions are
conducted independently from the HO.

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Definition of Terms
Facility – may include but not limited to place of

production, showroom, warehouse, storage
place, garage, bus terminal, or real property for
lease with no sales activity. A facility shall be
registered as a branch whenever sales
transactions/activities are conducted thereat.
Registration of the “Facility” with no sales activity
is not subject to payment of Annual Registration
Fee (ARF).

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Definition of Terms
Administrative Office – an office where records of
sales and/or cash collections are kept which can be
registered either as HO or branch.
Principal or Main employer – employer to whom an

employee renders his services for most of his time
during the taxable year.
Mixed Income Earner – an individual earning

compensation income from employment, and income
from business, practice of profession and/or other
sources aside from employment.

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Definition of Terms
Minimum Wage Earner (MWE) – a worker in the
private sector who is paid with a statutory minimum
wage (SMW) rates, or to an employee in the public
sector with compensation income of not more than
the statutory minimum wage rates in the non-
agricultural sector where the worker/employee is
assigned. Such statutory minimum wage rates are
exempted from the income tax. Likewise, the
exemption covers the holiday pay, overtime pay, night
shift differential pay, and hazard pay earned by an
MWE.

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Definition of Terms
Self-employed Individual – a sole proprietor or an

independent contractor who reports income earned
from self-employment. She/He controls who she/he
works for, how the work is done and when it is done.
It includes those hired under a contract of service or
job order, and professionals whose income is derived
purely from the practice of profession and not under
an employer – employee relationship.

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Definition of Terms
Updates – the process where information previously
supplied during the Primary Registration process are
changed or modified (e.g., surname, address within
same district office, exemption status and qualified
dependents, etc.) either upon the taxpayer’s or BIR’s
initiative.
Transfer of Registration – the process of transmitting

the records of a registered taxpayer from one BIR
district office to another where the new registered
address falls under the jurisdiction of a BIR district
office other than where it is currently registered.

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Definition of Terms
Cancellation – the process where information on

Primary Registration of a taxpayer is tagged as
“cancelled” but remains part of the BIR’s registration
database.
End dating – process of indicating in the system the

end of the taxable period or date of the last return
period for a particular registered form type/tax type
where a return is required to be filed (to prevent the
creation of stop filer cases).

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Definition of Terms
Stop Filer cases – system created cases when a

taxpayer fails to file a return for a required tax type
for a taxable period (i.e., Income Tax, VAT,
Percentage Tax, etc., which is required to be filed
regularly (monthly, quarterly, annually).
Tagging – process where a taxpayer’s business

registration information is tagged as “Inactive” but
remains part of the BIR’s registration database.

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Definition of Terms
Inactive – the business status of any of the
following:
o A non-individual taxpayer that has notified the

BIR district office of the temporary cessation of its
business operations;
o A taxpayer who has stopped filing all its tax
returns for the last two (2) years, requiring the
notice of investigation;

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Definition of Terms
o A newly registered taxpayer who fails to file

the required tax returns/declarations due for
the applicable initial quarter;
o A taxpayer who may be identified as such by
the CIR in a separate revenue issuance.
Ceased/Dissolved – the status of a registered

taxpayer who has completed the requirements for
cancellation of registration prior to the termination of
audit.

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Value-Added Tax
Value-Added Tax is a form of sales tax. It is a tax on

consumption levied on the sale, barter, exchange or
lease of goods or properties and services in the
Philippines and on importation of goods into the
Philippines. It is an indirect tax, which may be
shifted or passed on to the buyer, transferee or
lessee of goods, properties or services.

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Value-Added Tax
Taxable Transactions
Transaction Rate
Sale or Exchange of Goods or 12%
Properties
Sale or Exchange of Services
Zero-Rated Sales of Goods 0%
Zero-Rated Sales of Services
Effectively Zero-Rated transactions 0%
Transactions Deemed sale
Exempt Transactions (Basic Needs)

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Value-Added Tax
Persons Liable
In general - Any person who, in the course of trade

or business, sells, barters, exchanges goods or
properties or engages in the sale of services subject
to VAT imposed in Sec. 106 and 108 of the Tax Code
as amended by RA 10963 shall register with the
appropriate RDO
Sellers of Goods or Properties

Where Gross Sales
Sellers of Services and/or Use of Lease of
Properties or Gross Receipts
>3,000,000.00 in any
Importers 12-month period

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Value-Added Tax
Mandatory
Any person who, in the course of trade or business,
sells, barters, exchanges goods or properties or
engages in the sale of services shall be liable to
register if:
His gross sale or receipts of the past 12 months,
other than those that are exempt under Sec. 109
(1)(A) to (U) of the NIRC as amended by RA
10963, have exceeded P3,000,000.00; or
There are reasonable grounds to believe that his
gross sales or receipts for the next 12 months,
other than those that are exempt under Sec. 109
(1)(A) to (U) of the Tax Code as amended by RA
10963, will exceed P3,000,000.00.
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Value-Added Tax
Persons Becoming Liable to VAT
Every person who becomes liable to be registered

under paragraph (1) of this subsection shall
register with the RDO which has jurisdiction over
the head of office or branch of that person, and
shall pay the annual registration fee prescribed in
“Persons Liable to VAT (In general).”

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Value-Added Tax
Who shall file and pay?
Any person or entity who, in the course of his trade
or business, sells, barters, exchanges, leases
goods or properties and renders services subject to
VAT, if the aggregate amount of actual gross sales
or receipts exceed Three Million Pesos
(P3,000,000.00).
A person required to register as VAT taxpayer but
failed to register.
Any person, whether or not made in the course of
his trade or business, who imports goods.

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Value-Added Tax
When to file/pay?
Manual Filing - Not later than the 20th day following the end of each month.
Through Electronic Filing and Payment System (eFPS)
Business Industry Period for Filing Monthly VAT

Declarations
Group A
Insurance and Pension
Funding
Activities Auxiliary to Financial
Intermediation
25 days following the end of the month
Construction
Water Transport
Hotels and Restaurants
Land transport

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Value-Added Tax
Group B
Manufacture and Repair of
Furniture
Manufacture of Basic Metals
Manufacture of Chemicals and

Chemical Products
Manufacture of Chemicals and 24 days following the end of the
Chemical Products month
Manufacture of Electrical
Machinery & Apparatus N.E.C.
Manufacture of Fabricated
Metal Products
Manufacture of Food, Products
& Beverages

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Value-Added Tax
Group B
Manufacture of Machinery &
Equipment NEC
Manufacture of Medical,
Precision, Optical Instruments
Manufacture of Motor Vehicles,
Trailer & Semi-Trailers
24 days following the end of the
Manufacture of Other Wearing
month
Apparel
Manufacture of Paper and
Paper Products
Manufacture of Radio, TV &
Communication Equipment/
Apparatus

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Value-Added Tax
Group B
Manufacture of Rubber & Plastic Products
Manufacture of Textiles
Manufacture of Tobacco Products
Manufacture of Wood & Wood Products 24 days following the
end of the month
Manufacturing N.E.C.
Metallic Ore Mining
Non-Metallic Mining & Quarrying

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Value-Added Tax
Group C
Retail Sale
Wholesale Trade and Commission Trade
Sale, maintenance, Repair of Motor 23 days following the

Vehicle, Sale of Automotive Fuel end of the month
Computer and Related Activities
Real Estate Activities

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Value-Added Tax
Group D
Air Transport
Electricity, Gas, Steam & Hot Water Supply
Postal & Telecommunications
Publishing, Printing & Reproduction of
Recorded Media 22 days following
Recreational, Cultural & Sporting Activities the end of the month
Recycling
Renting of Goods & Equipment
Supporting & Auxiliary Transport Services

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Value-Added Tax
Group E
Activities of Membership Organizations, Inc.
Health and Social Work
Public Admin & Defense Compulsory Social
Security
Research and Development
Agricultural, Hunting, and Forestry 21 days following
Farming of Animals the end of the month
Fishing
Other Service Activities
Miscellaneous Business Activities
Unclassified

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April 2019
Value-Added Tax
Where and how to file and pay?
Monthly Value-Added Tax Declaration
If there is payment:
File the Monthly VAT declaration, together with the
required attachments, and pay the VAT due thereon with
any Authorized Agent Bank (AAB) under the jurisdiction
of the Revenue District Office (RDO)/Large Taxpayers
District Office (LTDO) where the taxpayer (head office of
the business establishment) is registered or required to
be registered.
If there is no payment:
Use online filing.

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April 2019
Value-Added Tax
Quarterly Value-Added Tax Declaration
File the Quarterly VAT Return, together with the
required attachments, and pay the VAT due
thereon with any AAB under the jurisdiction of the
RDO/LTDO where the taxpayer (head office of the
business establishment) is registered or required
to be registered.

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April 2019
Value-Added Tax
File the Quarterly VAT Return, together with the

required attachments with the RDO/LTDO/Large
Taxpayers Assistance Division, Collection Agent
or duly authorized Municipal/City Treasurer of
Municipality/City where the taxpayer (head office
of the business establishment) is registered or
required to be registered.

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April 2019
Value-Added Tax
Forms to be used and Required Attachments
Monthly Value-Added Tax Declaration

o Form to be used
BIR Form No. 2550M
o Required Attachments
1. Duly issued Certificate of Creditable VAT Withheld
at Source (BIR Form No. 2307), if applicable.
2. Summary Alphalist of Withholding Agents of Income
Payments Subjected to Withholding Tax At Source
(SAWT), if applicable.
3. Duly approved Tax Debit Memo, if applicable.
4. Duly approved Tax Credit Certificate, if applicable.
5. Authorization letter, if return is filed by authorized
representative.

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Value-Added Tax
Quarterly VAT-Declaration
o Form to be used
BIR Form No. 2550Q (with SLS, SLP, SLImportation)
1. Duly issued Certificate of Creditable VAT Withheld at
Source (BIR Form No. 2306), if applicable.
2. Summary Alphalist of Withholding Agents of Income
Payments Subjected to Withholding Tax At Source
(SAWT), if applicable.
4. Duly approved Tax Credit Certificate, if applicable.
5. Authorization letter, if return is filed by authorized
representative.

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Other Percentage Tax
Other Percentage Taxes are business taxes measured by
a given ratio between the gross sales or receipts and the
burden imposed upon the taxpayer.
Such taxes are business taxes imposed on persons or

entities/transactions:
Those who sell or lease goods, properties or services

in the course of trade or business and are exempt from
value-added tax (VAT) under Section 109 (V) of the
National Internal Revenue Code, as amended, whose
gross annual sales and/or receipts do not exceed
Php 3,000,000 and who are not VAT-registered.

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Those engaged in the following industries/

transactions:
o Cars for rent or hire driven by the lessee,
transportation contractors, including persons
who transport passengers for hire, and other
domestic carriers of passengers by land
(except owners of animal-drawn two-wheeled
vehicle) and keepers of garages.
o International air/shipping carriers doing
business in the Philippines on their gross
receipts derived from transport of cargo from
the Philippines to another country.

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o Franchise grantees of:
1. radio and/or television broadcasting whose
gross annual receipts for the preceding year do
not exceed Php 10,000,000.00 and did not opt
to register as VAT taxpayers
2. gas and water utilities
o Overseas dispatch, message or conversation
transmitted from the Philippines, except those
transmitted by the Philippine government, any
embassy and consular offices of a foreign
government, public international organizations
enjoying exemptions pursuant to an international
agreement and news messages to a bona fide
correspondent furnishing general news service.

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o Banks and non-bank financial intermediaries

performing quasi-banking functions.
o Other non-bank financial intermediaries
(including pawnshops).
o Person, company or corporation (except purely
cooperative companies or associations) doing
life insurance business.
o Fire, marine or miscellaneous agents of foreign
insurance companies.

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o Proprietor, lessee or operator of cockpits,

cabarets, night or day clubs, boxing
exhibitions, professional basketball games,
Jai-Alai and racetracks, including videoke bars,
karaoke bars, karaoke televisions, karaoke
boxes and music lounges.
o Winnings in horse races.
o Sale, barter or exchange of shares of stock

listed and traded through the local stock
exchange or through initial public offering.

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Who shall file/pay?
Monthly Percentage Tax Return (BIR Form

No. 2551M)
Every person/entity subject to percentage tax as
enumerated in the previous slides above.
Those who sell or lease goods, properties or

services in the course of trade or business and
are exempt from value-added tax (VAT) under
Section 109 (V) of the National Internal Revenue
Code, as amended, whose gross annual sales
and/or receipts do not exceed Php 3,000,000
and who are not VAT-registered.
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Quarterly Percentage Tax Return (BIR Form No.
2551Q)
o Operator, manager or person in charge of:

1. Cockpits
2. Cabarets, day or night clubs, videoke bars,
karaoke bars, karaoke televisions, karaoke
boxes and music lounges
3. Boxing exhibitions
4. Professional basketball games
5. Jai-alai and race tracks
6. Telephone and communication companies
on their overseas dispatch, message or
conversation originating and transmitted
from the Philippines TMD
Business Tax Administration Course 44
April 2019
Percentage Tax Return For transaction Involving
Shares of Stocks Listed and Traded Through the
Local Stocks Exchange or Through Initial and/or
Secondary Offering (BIR Form No. 2552)
o Every stock broker who effected a sale, barter,

exchange or other disposition of shares of stock listed
and traded through the Local Stock Exchange (LSE)
other than the sale by a dealer in securities.
o A corporate issuer/stock broker, whether domestic or
foreign, engaged in the sale, barter, exchange or other
disposition through Initial Public Offering
(IPO)/secondary public offering of shares of stock in
closely held corporations.

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Return of Percentage Tax Payable under

Special Laws (BIR Form No. 2553)
This return is filed by all taxpayers liable to pay

percentage tax under Special Laws.

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When to file/pay?
Monthly Percentage Tax Return
Manual Filing
Within twenty (20) days following the end of each
month
Electronic Filing
For taxpayers enrolled with the Electronic Filing
and Payment System (eFPS),……

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……..in accordance with the schedule set forth in RR No. 26-
2002 as follows:
Group A : Twenty five (25) days following the end of the month
Group B : Twenty four (24) days following the end of the month
Group C : Twenty three (23) days following the end of the
month
Group D : Twenty two (22) days following end the of the month
Group E : Twenty one (21) days following the end of the month
Quarterly Percentage Tax Return
Within twenty (20) days after the end of each taxable

quarter.

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Secondary Offering (BIR Form No. 2552)
o For tax on sale of shares of stocks listed and
traded through the local stock exchange (LSE) –
within five (5) banking days from the date of
collection.
o For tax on shares of stocks sold or exchanged
through primary offering - within 30 days from the
date of listing in the LSE.
o For tax on shares of stocks sold or exchanged
through secondary public offering - within five (5)
banking days from the date of collection.
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April 2019
Return of Percentage Tax Payable Under

Special Laws (BIR Form No. 2553)
On or before the due date for payments of tax

as stated in the Special Law.

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Monthly Percentage Tax Return
o Proceed to any Authorized Agent Bank
(AAB) located within the territorial
jurisdiction of the Revenue District Office
(RDO) where the taxpayer is registered
and present the duly accomplished BIR
Form 2551M, together with the required
attachments and payment. The
Percentage Tax shall be paid at the time
the return is filed by the taxpayer.

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o In places where there are no AABs, the duly
accomplished BIR Form 2551M, together with the
required attachments and payment, shall be
filed/paid with the Revenue Collection Officer
(RCO) or duly authorized Treasurer of the city or
municipality where said business or principal place
of business is located.
o Receive the taxpayer's copy of BIR Form 2551M
duly validated/stamp-received by the
AAB/RCO/authorized City or Municipal Treasurer.
o For eFPS filers, you may click this link
(https://efps.bir.gov.ph) for the Job Aid in filing and
payment thru said system.

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o Proceed to the RDO where the taxpayer is
registered or with the concerned RCO and
present the duly accomplished BIR Form
2551M, together with the required attachments.
o Receive the taxpayer's copy of BIR Form
2551M duly stamp-received by the RDO
representative.
Note: "No payment" returns filed late shall be imposed

the necessary penalties by the RDO, which shall be paid
at the concerned AAB.

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Quarterly Percentage Tax Return
o Proceed to any Authorized Agent Bank (AAB)
located within the territorial jurisdiction of the
Revenue District Office (RDO) where the
taxpayer is registered and present the duly
accomplished BIR Form 2551Q, together with
the required attachments and payment. The
Percentage Tax shall be paid at the time the
return is filed by the taxpayer.

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April 2019
accomplished BIR Form 2551Q, together
with the required attachments and payment,
shall be filed/paid with the Revenue
Collection Officer (RCO).
2551Q duly validated/stamp-received by the
AAB/RCO.
(https://efps.bir.gov.ph) for the Job Aid in
filing and payment thru said system.

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April 2019
registered or with the concerned RCO and present
the duly accomplished BIR Form 2551Q, together
with the required attachments.
o Receive the taxpayer's copy of BIR Form 2551Q

duly stamp-received by the RDO representative.

the necessary penalties by the RDO, which shall be paid
at the concerned AAB.

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April 2019
Secondary Offering
o Proceed to the nearest Authorized Agents Banks
(AABs) of the Revenue District Office where the
local stock exchange is located and present the
duly accomplished BIR Form 2552, together with
Percentage Tax imposed shall be paid at the time
the return is filed by the taxpayer.
o Receive taxpayer's copy of the duly stamped and
validated form from the teller of the AAB.
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o Proceed to the Revenue District Office where
the local stock exchange is located and
present the duly accomplished BIR Form
2552, together with the required attachments.
2552 duly stamp-received by the RDO
representative.

the necessary penalties by the RDO, which shall be
paid at the concerned AAB.

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April 2019
Return of Percentage Tax Payable Under Special
Laws
o Proceed to any Authorized Agent Bank (AAB)
located within the territorial jurisdiction of the
Revenue District Office (RDO) where the
taxpayer is registered and present the duly
accomplished BIR Form 2553, together with
Percentage Tax shall be paid at the time the
return is filed by the taxpayer.

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April 2019
accomplished BIR Form 2553, together with the
required attachments and payment, shall be
filed/paid with the Revenue Collection Officer
(RCO) or duly authorized Treasurer of the city or
municipality where said business or principal place
of business is located.
o Receive the taxpayer's copy of BIR Form 2553 duly
validated/stamp-received by the
AAB/RCO/authorized City or Municipal Treasurer.
(https://efps.bir.gov.ph) for the Job Aid in filing and
payment thru said system

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registered or with the concerned RCO and
present the duly accomplished BIR Form 2553,
together with the required attachments.
o Receive the taxpayer's copy of BIR Form 2553
duly stamp-received by the RDO representative.
Note: "No payment" returns filed late shall be imposed the

necessary penalties by the RDO, which shall be paid at the
concerned AAB.

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April 2019
Monthly Percentage Tax Returns
o Form to be used
BIR Form No. 2551M
1. Duly issued Certificate of Creditable Tax
Withheld at Source (BIR Form 2307), if
applicable.
3. For amended return, proof of payment and the
return previously filed.
4. Authorization letter, if filed by an authorized
representative.

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April 2019
Monthly Percentage Tax Returns
o Form to be used
BIR Form No. 2551Q
applicable.
3. For amended return, proof of payment and the
return previously filed.
4. Authorization letter, if filed by an authorized
representative.

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April 2019
Percentage Tax Return for Transactions Involving
Shares of Stocks Listed and Traded Through the Local
Stocks Exchange or Through Initial and/or Secondary
Offering
o Form to be used
BIR Form No. 2552
1. Duly issued Certificate of Creditable Tax Withheld
at Source (BIR Form 2307), if applicable.
2. Proof of Exemption for transactions not subject to
tax, if applicable.
4. Previously filed return and proof of payment, for
amended return.

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April 2019
Return of Percentage Tax Payable Under Special
Laws
o Form to be used
BIR Form No. 2553
applicable.
2. Proof of Exemption for transactions not subject
to tax, if applicable.
4. Previously filed return and proof of payment, for
amended return.

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Excise Tax
Applicable to certain specified goods or articles

manufactured or produced in the Philippines for
domestic sale or consumption or for any other
disposition and to things imported in to the
Philippines.

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Excise Tax
Types of Excise Tax
Specific Tax – an excise tax imposed on
certain goods based on weight or volume
capacity or any other physical unit of
measurement. It applies to alcohol and alcohol
products, tobacco and tobacco products, and
petroleum products.
Ad Valorem Tax – an excise tax imposed on
certain goods based on selling price or other
specified value of the goods. It applies to
mineral products, automobiles and non-
essential goods.

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Excise Tax
Taxable Transactions
Goods manufactured or produced in the Philippines
for domestic sale or consumption or for any other
disposition; and
Things imported and brought in from other
countries.
General Classifications of Articles Subject to Excise
Tax BIR Form No.
Alcohol Products 2200A
Tobacco Products 2200T
Petroleum Products 2200P
Mineral Products 2200M
Miscellaneous Articles 2200MAN
Sweetened Beverages 2200S
Cosmetic Procedures 1620XC

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Excise Tax
Persons Liable
For domestic products
Manufacturer
Producer
Owner
Person having possession of untaxed
articles other than those legally entitled to
exemptions

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Excise Tax
For imported articles
o Importer
o Owner
o Person who is found in possession of articles
other than those legally entitled to exemptions
For indigenous petroleum, natural gas or liquefied

natural gas - the Excise Tax shall be paid by the
first buyer, purchaser or transferee for local sale,
barter or transfer while the Excise Tax on exported
products shall be paid by the owner, lessee,
concessionaire or operator of the mining claim

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BTP Slide - 74 70
April 2019
Excise Tax
When to file/pay?
On Domestic Products
Unless otherwise specifically allowed, the return

shall be filed and the excise tax paid by the
manufacturer or producer before removal of
domestic products from place of production

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April 2019
Excise Tax
Provided, That the excise tax on locally
manufactured petroleum products and indigenous
petroleum levied under Sections 148 and 151(A)(4),
respectively, of this Title shall be paid within ten (10)
days from the date of removal of such products for
the period from January 1, 1998 to June 30, 1998;
within five (5) days from the date of removal of such
products for the period from July 1, 1998 to
December 31, 1998; and, before removal from the
place of production of such products from January
1, 1999 and thereafter:

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Excise Tax
Provided, further, That the excise tax on nonmetallic
mineral or mineral products, or quarry resources shall
be due and payable upon removal of such products
from the locality where mined or extracted, but with
respect to the excise tax on locally produced or
extracted metallic mineral or mineral products, the
person liable shall file a return and pay the tax within
fifteen (15) days after the end of the calendar quarter
when such products were removed subject to such
conditions as may be prescribed by rules and
regulations to be promulgated by the Secretary of
Finance, upon recommendation of the Commissioner.

TMD
73
April 2019
Excise Tax
For this purpose, the taxpayer shall file a bond in an

amount which approximates the amount of excise
tax due on the removals for the said quarter. The
foregoing rules notwithstanding, for imported
mineral or mineral products, whether metallic or
nonmetallic, the excise tax due thereon shall be
paid before their removal from customs custody.

TMD
74
April 2019
Excise Tax
Where and how to file/pay?
Except as the Commissioner otherwise permits, the return

shall be filed with and the tax paid to any authorized agent
bank or Revenue Collection Officer, or duly authorized City
or Municipal Treasurer in the Philippines.
Excise taxpayers under the jurisdiction of the Large
Taxpayers Service in the National Office shall file the return
and pay the excise tax dues thru AABs - BIR National
Office, Diliman, Quezon City.
Excise taxpayers availing of the Electronic Filing and
Payment Systems (EFPS) shall file the returns thru EFPS
on-line pursuant to existing rules and regulations.

TMD
75
April 2019
THANK YOU!

Business Taxation Processes

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Business Taxation Processes

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Business Taxation

By: Ronald Allan V. Miranda Jr.

Business Taxation Processes

Business Tax Administration Course

Business Tax Administration Course

Business Tax Administration Course

TIN Issuance and Registration – issuance of TIN

Business Tax Administration Course

Secondary Registration – subsequent registration

Business Tax Administration Course

Taxpayer Identification Number (TIN) – system-

Overseas Contract Worker (OCW)/Overseas

Business Tax Administration Course

Business Tax Administration Course

Head Office (HO) – the declared specific or

Branch – a separate or distinct establishment or

Business Tax Administration Course

Facility – may include but not limited to place of

Business Tax Administration Course

Principal or Main employer – employer to whom an

Mixed Income Earner – an individual earning

Business Tax Administration Course

Business Tax Administration Course

Self-employed Individual – a sole proprietor or an

Business Tax Administration Course

Transfer of Registration – the process of transmitting

Business Tax Administration Course

Cancellation – the process where information on

End dating – process of indicating in the system the

Business Tax Administration Course

Stop Filer cases – system created cases when a

Tagging – process where a taxpayer’s business

Business Tax Administration Course

o A non-individual taxpayer that has notified the

Business Tax Administration Course

o A newly registered taxpayer who fails to file

Ceased/Dissolved – the status of a registered

Business Tax Administration Course

Value-Added Tax is a form of sales tax. It is a tax on

Business Tax Administration Course

Exempt Transactions (Basic Needs)

Business Tax Administration Course

In general - Any person who, in the course of trade

Sellers of Goods or Properties

Business Tax Administration Course

Every person who becomes liable to be registered

Business Tax Administration Course

Business Tax Administration Course

Through Electronic Filing and Payment System (eFPS)

Business Industry Period for Filing Monthly VAT

Business Tax Administration Course

Manufacture of Chemicals and

Business Tax Administration Course

Business Tax Administration Course

Business Tax Administration Course

Wholesale Trade and Commission Trade

Sale, maintenance, Repair of Motor 23 days following the

Real Estate Activities

Business Tax Administration Course

Business Tax Administration Course

Business Tax Administration Course

Monthly Value-Added Tax Declaration

Business Tax Administration Course

Quarterly Value-Added Tax Declaration