THE Bureau of Internal Revenue (BIR) filed last Wednesday 15 criminal cases against buyers and sellers of “ghost receipts” with an estimated total tax liability of P1.8 billion.

The new versions for individual taxpayers are BIR form nos. 1700 (for individuals earning purely compensation income) and 1701 (for self-employed individuals, estates and trusts) both version ...

While BIR Form 1700 remains the ITR form for individuals earning purely compensation income and BIR Form 1701 remains the ITR form for self-employed individuals, estates and trusts, significant ...

The forms can be downloaded at the BIR website. Individuals who are earning purely compensation income also need to fill out BIR Form No. 1700 and manually file tax returns.

Can an employee file an ITR (BIR Form No. 1700) even if he is qualified for substituted filing? No, it is not necessary to have BIR Form 2316 notarized for those qualified for substituted filing.

BIR Form 1700 – For individuals earning only compensation income. BIR Form 1701A or 1701 – For self-employed individuals and professionals BIR Form 1702 – For corporations and partnerships. Fill out ...

"Under the old law, the deadline was April 15 which coincides with the deadline for the filing of the Annual Income Tax Return (BIR Form 1700 and 1701)," it added. With the clarification, all ...

Those earning purely from compensation need to download BIR form 1700 from the BIR website before filing and paying at the bank, the BIR official said.