BY: BY EDNA A. BAGADIONG
VIRAC, Catanduanes, August 22 (PIA) - Amid rising complaints on the regulations on new receipts, the Bureau of Internal Revenue (BIR) has extended the validity of old receipts until October 31, 2013.
Virac Revenue District Office chief Maria Teresa Noemi Pizon said the directives is pursuant to Revenue Memorandum Circular No. 52-2013 that provides extension for business establishments to their new Authority to Print approved by the Virac Revenue District Office before August 30, 2013.
This, according to Pizon, pertains to the validity of all unused or unissued principal and supplementary receipts and invoices with Authority to print issued between January 1, 2011 and January 17, 2013, provided a new ATP is issued on or before August 30, 2013.
All businesses, she noted however, must use the new receipts printed by the revenue-generating agency’s accredited printers after the date provided.
Pizon said a penalty of P1,000 pursuant to Section 264 of the Tax Code will be collected to those taxpayers who apply for authority to print receipts beyond April 30, 2013.
She advised that those who fail to use the new sets of receipts starting August 31, 2013 will pay the maximum penalty of P50, 000.
Meanwhile, business owners who apply for tax clearance will have to attach a certified true copy of their establishment’s ATP. “Non-submission of ATP shall be a ground for non-issuance of tax clearance for whatever purposes,” she emphasized.
All RDOs have been directed to match the taxpayers’ database against the ATPs issued as of January 18, 2013 to verify the taxpayers’ compliance with the new circulars on receipts/invoices. (MAL/EAB-PIA5/Catanduanes)
VIRAC, Catanduanes, August 22 (PIA) - Amid rising complaints on the regulations on new receipts, the Bureau of Internal Revenue (BIR) has extended the validity of old receipts until October 31, 2013.
Virac Revenue District Office chief Maria Teresa Noemi Pizon said the directives is pursuant to Revenue Memorandum Circular No. 52-2013 that provides extension for business establishments to their new Authority to Print approved by the Virac Revenue District Office before August 30, 2013.
This, according to Pizon, pertains to the validity of all unused or unissued principal and supplementary receipts and invoices with Authority to print issued between January 1, 2011 and January 17, 2013, provided a new ATP is issued on or before August 30, 2013.
All businesses, she noted however, must use the new receipts printed by the revenue-generating agency’s accredited printers after the date provided.
Pizon said a penalty of P1,000 pursuant to Section 264 of the Tax Code will be collected to those taxpayers who apply for authority to print receipts beyond April 30, 2013.
She advised that those who fail to use the new sets of receipts starting August 31, 2013 will pay the maximum penalty of P50, 000.
Meanwhile, business owners who apply for tax clearance will have to attach a certified true copy of their establishment’s ATP. “Non-submission of ATP shall be a ground for non-issuance of tax clearance for whatever purposes,” she emphasized.
All RDOs have been directed to match the taxpayers’ database against the ATPs issued as of January 18, 2013 to verify the taxpayers’ compliance with the new circulars on receipts/invoices. (MAL/EAB-PIA5/Catanduanes)
No comments:
Post a Comment