RMC No. 20-2014: Prescribes the guidelines in the filing, receiving and processing of Taxable Year 2013 Income Tax Returns (BIR Form Nos. 1700, 1701, 1702-RT, 1702-EX and 1702-MX, all June 2013 ENCS version) under RR No. 2-2014

Key points

1. Filing deadline. The returns are due on or before April 15, 2014.
2. Non-eFPS taxpayers. They are encouraged to use the offline eBIRForms package from the BIR website (www.bir.gov.ph). It allows encoding, validating, editing, saving, deleting, viewing, printing and submitting returns, with automatic computations.
3. eFPS taxpayers. Taxpayers mandated to use the Electronic Filing and Payment System (eFPS) file and pay through eFPS. They include Large Taxpayers and other eFPS users such as the Top 20,000 Corporations, Top 5,000 Individuals and Government bidders.
4. Attachments. Schedules and attachments, such as Financial Statements, the Statement of Management Responsibility and BIR Form 2307, may be filed with the Large Taxpayers Office or Revenue District Office where registered within fifteen (15) days after electronic filing. The signed hard copy of the ITR with Filing Reference Number is submitted with them.

Who is affected

• Non-eFPS taxpayers
• eFPS taxpayers including Large Taxpayers

Deadlines and effectivity

• Returns due on or before April 15, 2014
• Attachments within fifteen (15) days after electronic filing
• Issued April 4, 2014