Summary
RMC No. 43-2021 prescribes revised guidelines on the Electronic Audited Financial Statements (eAFS) System for submitting the duly filed Income Tax Return (ITR) and its attachments, including BIR Form No. 1709, amending RMC Nos. 49-2020 and 82-2020.
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Key points
- Scanned submission. Taxpayers submitting through the eAFS System scan their documents and follow the procedures in the Circular, such as the naming convention per classification of document.
- Documents covered. The system covers the duly filed ITR and its required attachments, including BIR Form No. 1709 (Information Return on Transactions with Related Party).
Who is affected
- Taxpayers submitting documents through the eAFS System
Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.
Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.