March 2012 - Philippine Accounting Updates

Saturday, 1 April 2023

BIR 2012 Interactive Forms for Income Tax (1700, 1701, 1702)

Posted on March 29, 2012 by Orlando Calundan | 1 Comment

Relative to the issuance of the BIR of Revenue Regulation (RR) No. 19-2011, tax payers are now required to use new income tax forms. The new forms include: BIR Form 1700 (Annual Income Tax Return for Individuals Earning Purely Compensation…

Looking back: How should the information required by RR-15 2010 be presented in the financial statements?

Posted on March 22, 2012 by Orlando Calundan | 2 Comments

In 2010, The Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) 15-2010 which prescribes additional disclosures on taxes, duties and license fees on the Notes to Financial Statements in addition to the disclosures mandated by the Philippine Financial Reporting…

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Philippine Accounting Updates

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Month: March 2012

BIR 2012 Interactive Forms for Income Tax (1700, 1701, 1702)

Looking back: How should the information required by RR-15 2010 be presented in the financial statements?