RMO No. 24-2007: Revises BIR Form No. 1770 – Monthly Summary of Tax Returns Filed

Key points

1. District office submission. The Revenue District Office or concerned division prepares the revised form in duplicate. The original goes to the Regional Director or ACIR/HREAs of the Large Taxpayers Service not later than the 15th day of the following month.
2. Consolidated summary. The Regional Director or ACIR-LTS prepares a Consolidated Monthly Summary of Tax Returns Filed in duplicate. The original goes to the Chief, Statistics Division not later than the 20th day of the following month.
3. Coverage and past months. The Order applies to tax returns received starting August 2007. Offices must submit revised reports for January to July 2007 using the revised form.

Who is affected

• Revenue District Offices
• Regional Directors and the ACIR-LTS

Deadlines and effectivity

• Applies to returns received starting August 2007
• Revised reports for January to July 2007 due on or before September 15, 2007
• Monthly: 15th day for district reports, 20th day for consolidated summary