Implementing Rules and Regulations of the EOPT Act
15 April 2024 The Bureau of Internal Revenue (BIR) introduced a new Republic Act (RA) to simplify tax filings for taxpayers in the Philippines through various tax amendments and clarifications.
Ease of Paying Taxes Act
The Ease of Paying Taxes (EOPT) Act or Republic Act 11976 was created to simplify the tax filing for those classified as small or micro taxpayers through the file-and-pay-anywhere system, which allows for most tax procedures to be completed online. Follow the pages below to learn more about its features, transitory provisions, and effectivity dates.
Salient Features of EOPT Act
03 May 2024 The Bureau of Internal Revenue (BIR) introduces the implementing rules and regulations for the Ease of Paying Taxes Act (EOPT)
Transitory Provisions of EOPT Act Issuances
19 June 2024 This short guide summarises all the transitory provisions implemented by three regulations introduced by the Ease of Paying Taxes (EOPT) Act as clarified by the Bureau of Internal Revenue (BIR).
Effectivity Dates of EOPT Act Regulations
19 June 2024 This list showcases the effectivity dates of the regulations within the Ease of Paying Taxes Act (EOPT) in the Philippines.
VAT Invoicing Requirements EOPT Act
New Invoicing Requirements and Transitory Provisions under the Ease of Paying Taxes (EOPT) Act explained by Forvis Mazars Tax Manager, Carl Franz Dela Riva.
Forvis Mazars Tax Services in the Philippines
Keeping up to date with the constant changes and amendments to tax laws can become quite tedious to manage. At Forvis Mazars, we work closely with clients – offering solutions that simplify their compliance and help them navigate complex tax situations with confidence, including helping bypass certain processes like online tax filing requirements.
Our professionals have deep experience in multiple areas of tax, providing businesses at all stages of their life cycle with specialist advice. Our expertise ranges from corporate and employment tax, transfer pricing and corporate structuring, national and international transactions, and assessing tax implications when setting up new operations overseas, among others.
Our solutions include outsourced tax compliance, tax advisory and expert opinions, application for incentives, and handling BIR tax assessments and audits, among others.
For more information on Yu Villar Tadeja’s tax services in the Philippines, contact us for an initial call or follow the link below.
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