spot_img
27.2 C
Philippines
Saturday, November 23, 2024

BIR allows use of remaining official receipts until consumed

Bureau of Internal Revenue (BIR) Commissioner Romeo D. Lumagui Jr. ordered the agency to allow the use of the remaining official receipts until they are fully consumed, instead of only until Dec. 31, 2024.

The BIR said the submission of inventory reports and/or notice required in compliance with the transitory provisions of Revenue Regulation No. 7-2024 could now be done through email.

- Advertisement -

It issued the pronouncements under Revenue Regulation No. 11-2024 and Revenue Memorandum Circular No. 66-2024 to make the transition to the system under the Ease of Paying Taxes Act (EOPT) more accommodating to taxpayers.

“All remaining official receipts can be used, until fully consumed. Inventory reports and notices can be submitted through email. The BIR is committed to making the transition to EOPT as convenient to taxpayers as possible. Comments and suggestions on the different services provided by the BIR and its implementation of the EOPT are welcome,” Lumagui said.

 The BIR said that after the enactment of EOPT into law, it has been working tirelessly in harmonizing the different regulations, systems and processes under its mandate with the EOPT.

It also conducted EOPT roadshows in in Metro Manila, Cebu, Davao, Koronadal and Pangasinan. The top officials of the BIR also conducted lectures on EOPT updates, with taxpayers, practitioners and businessmen in attendance.

The BIR said it would continue to hold EOPT roadshows in the coming weeks as part of the taxpayer education program.

LATEST NEWS

Popular Articles