Large taxpayers’ workers may file returns in RDOs

CEBU, Philippines - The Bureau of Internal Revenue told workers of large taxpayers that they can file their income tax returns in any local revenue office where the location of their employer is.

In a new issuance, the BIR said employees of those identified as large taxpayers can go to their employer’s revenue district office to file their tax returns (BIR Form 1700).

“While the Large Taxpayer Offices of the Bureau has limited accessibility in processing transactions of employees of Large Taxpayer and the existing registration records of employees are still with the Revenue District Office where the LT is physically located/situated, all RDOs are hereby directed to accept/receive BIR Form 1700 filed by employees employed by LT,” the BIR said in Revenue Memorandum Circular 10-2015.

Income tax returns with no tax payment, the bureau said, should be manually filed using eBIR Forms in triplicate copies with the RDO where the LT (large taxpayer) employer is physically located.

Taxpayers who plan to file ITRs with payment can pay in any authorized bank, revenue collection officers and special collecting officers within the RDO. 

According to Revenue Regulation 17-2010, a taxpayer has to meet at least one of the criteria based on financial condition, tax payment and results of operations to be included in the bureau’s Large Taxpayer Service.

As to the tax payment, a taxpayer should have attained any of the following criteria: payable value added tax of at least P200,000 per quarter; P1 million excise taxes; P1 million income taxes; P1 million withholding taxes; P200,000 percentage taxes; and P1 million documentary stamp taxes.

Under financial condition and the results of operation, the conditions are: P1 billion gross sales, P300 million net worth, P800 million gross purchases; and registered in the top corporate taxpayers of the Securities and Exchange Commission.

Furthermore, the RMC said: “Also, for taxpayers’ convenience, they are encouraged to e-file and/or e-pay using eFPS (electronic filing and payment system).”

The revenue agency earlier released an issuance telling taxpayers covered by eFPS and eBIRForms that it would impose penalties for those who fail to file returns using the electronic system.

Taxpayers who fail to file their returns using eFPS or eBIRForms shall be imposed a penalty of P1,000 per return pursuant to Section 250 of the National Internal Revenue Code of 1997.

This year, BIR which is the government's main revenue earner is set to collect P1.674 trillion from taxpayers after it downgraded its previous revenue target of P1.704 trillion.

Last year, BIR collected P1.334 trillion, up by 10% from P1.217 trillion in 2013 but fell short of its P1.456-trillion goal by 8%. — Carlo S. Lorenciana (FREEMAN)