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BIR delays imposition of new receipt rules

June 13, 2013 9:30 pm [ manilatimes.net ]
by MAYVELIN U. CARABALLO
Businesses have given more time to prepare for the full implementation of the Bureau of Internal Revenue (BIR) regulation requiring the issuance and use of new sets of receipts.
In a TV interview, BIR Commissioner Kim Jacinto-Henares said that the bureau delayed the deadline for the full implementation of Revenue Regulations (RR) 18-2012 so that business can print new sets of receipts.
The extension also means that firms can still use their old receipts in the conduct of their businesses.
The deadline for the full implementation of the regulation was originally set on July 1, 2013, however, because of numerous complaints from various business firms, the BIR decided to delay the deadline until August 30, 2013.
Issued last year, RR 18-2012 provides, among others, that taxpayers must apply for the printing of their new receipts at least 60 days (or April 30) before the expiry of their old receipts on June 30, 2013, and start issuing the same on July 1, 2013.
Henares said that, “the BIR issued Revenue Memorandum Order [RMO] No. 12-2013 on May 2, 2013 to provide for penalties, since very few taxpayers were complying with the said regulations.”
The BIR said that taxpayers who apply for authority to print receipts beyond April 30, 2013, shall pay a penalty of P1,000.
However, those who apply for said authority beyond June 30, 2013, and/or on or before June 30, 2013, but failed to use the new sets of receipts starting July 1, 2013, shall pay the maximum penalty of P50,000 as provided for in Section 264 of the Tax Code.
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KNOWING YOUR BIR REGULATIONS AND ISSUANCES

Revenue Regulations (RRs) are issuances signed by the Secretary of Finance, upon recommendation of the Commissioner of Internal Revenue, that specify, prescribe or define rules and regulations for the effective enforcement of the provisions of the National Internal Revenue Code (NIRC) and related statutes

Revenue Memorandum Orders (RMOs) are issuances that provide directives or instructions; prescribe guidelines; and outline processes, operations, activities, workflows, methods and procedures necessary in the implementation of stated policies, goals, objectives, plans and programs of the Bureau in all areas of operations, except auditing.

Revenue Memorandum Rulings (RMRs) are rulings, opinions and interpretations of the Commissioner of Internal Revenue with respect to the provisions of the Tax Code and other tax laws, as applied to a specific set of facts, with or without established precedents, and which the Commissioner may issue from time to time for the purpose of providing taxpayers guidance on the tax consequences in specific situations. BIR Rulings, therefore, cannot contravene duly issued RMRs; otherwise, the Rulings are null and void ab initio

Revenue Memorandum Circular (RMCs) are issuances that publish pertinent and applicable portions, as well as amplifications, of laws, rules, regulations and precedents issued by the BIR and other agencies/offices.

Revenue Bulletins (RB) refer to periodic issuances, notices and official announcements of the Commissioner of Internal Revenue that consolidate the Bureau of Internal Revenue's position on certain specific issues of law or administration in relation to the provisions of the Tax Code, relevant tax laws and other issuances for the guidance of the public.

BIR Rulings are official position of the Bureau to queries raised by taxpayers and other stakeholders relative to clarification and interpretation of tax laws.
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