On Jan. 8, PHI Tax advised re cessation of registration fee collection.
PHI Tax issued advisory stating that, effective Jan. 22, 2024, business taxpayers are exempt from filing BIR form no. 0605 and paying the PHP 500 annual registration fee.
Business taxpayers with existing PHI Tax certificate of registration (COR) that includes the registration fee will retain its validity; COR may be replaced at their convenience.
Document dated Jan. 8, 2024, received from PHI Tax Jan. 9, summarized on Jan. 12.
Jan. 2024 Reminder
On Jan. 24, 2024, PHI Tax issued circular to inform all internal revenue officials, employees, concerned parties about changes related to annual registration fee (ARF).
Businesses can choose to update or replace their COR by surrendering the old one at the Revenue District Office where they are registered, on or before Dec. 31, 2024.
Document dated Jan. 24, 2024, received from PHI Tax Jan. 26, summarized Jan. 30.
