Bureau of Internal Revenue Commissioner Romeo Lumagui Jr. issued Revenue Memorandum Circular No. 75-2023 extending the deadline for securing the new notice to issue receipts/invoices to Sept. 30, 2023.
NIRI is required to be conspicuously displayed at the taxpayer’s business establishment, replacing the old “Ask for Receipt” Notice. It is a reminder to owners of establishments to always issue receipts/invoices for all sale of services/goods, whether the buyer asked for it or not.
Taxpayers are required to fill out S1905 – Registration Update Sheet and indicate or update their designated official email address. The email address will be used by the BIR as additional option in serving official orders, notices, letters, communications, and other processes to the taxpayers.
The BIR asked business taxpayers to comply with the renewal requirement and complete the necessary registration update on or before Sept. 30.
“Failure to do so will result to the imposition of penalty of not more than P1,000 pursuant to Section 275 of the Tax Code, as amended,” the BIR said.
“We urge all business taxpayers to take immediate action to fulfill their tax obligations and to ensure compliance with the updated requirements. We also encourage the taxpaying public to report business establishments that have failed to prominently display the NIRI in their business premises,” said Lumagui.
He said con-compliance with the posting of NIRI could be reported through the eComplaint platform or through Chatbot “Revie” that can be accessed in the BIR’s website.
