//
you're reading...
Tax Updates

BIR 2013 Schedule of Filing Annual Financial Statements for Large Taxpayers

For all large taxpayers, the Bureau of Internal Revenue (BIR) has issued a schedule of filing of financial statements for the year 2013 (for financial statements with year ended December 31, 2012).  Schedule is a follows is based on the last digit of the Securities and Exchange Commission (SEC) Registration or License Number:

April 8 to 12: “1”, “2”
April 15 to 19: “3”, “4”
April 22 to 26: “5”, “6”, “7” & “8”
April 29 to 30: “9”, “0”

The above arrangement coincides with the schedule set by the SEC in filing the Annual Financial Statements for the year 2013.  This is also applicable for large taxpayers only.

Take note also that the above schedule was just a proposal/suggestion to serve the taxpayers better, to manage the filing and avoid long lines on filing deadlines.  There is no penalty in case of non-compliance with the said filing schedule.  But of course, the rule that manual filing should be made within 15 days from the date of e-filing for e-filers shall be followed.

Please check out the copy of the memo below for your reference:

About these ads

About leecpa

Orlando Calundan is a Certified Public Accountant. He has exposures in audit of financial statements of entities in various industries such as real estate, food (quick service restaurants), manufacturing, service organizations and BPOs, automotive, holding/investment companies and more. He also has exposure on internal audit engagements. http://ocalundan.info

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Join the Social Network

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 1,164 other followers

Need an Accounting System?

Post Archives

Site Views

  • 326,428 views
Follow

Get every new post delivered to your Inbox.

Join 1,164 other followers

%d bloggers like this: