Tax Compliance and Registration Quiz

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Questions and Answers

What form is required for self-employed individuals to apply for a Taxpayer Identification Number (TIN)?

BIR Form 1903

BIR Form 1901 (correct)

BIR Form 1902

BIR Form 1904

Where should an applicant register for a TIN before commencing business?

Tax Identification Center

Online with the Bureau of Internal Revenue

Any local government office

The appropriate Revenue District Officer (correct)

What is the consequence of failing to register for a TIN before commencing business?

Issuance of Certificate of Registration is withheld (correct)

No need for TIN application

Automatic cancellation of business operations

Increased tax rate for the first year

What form should a taxpayer use for canceling their registration due to business closure?

BIR Form 1905 Signup and view all the answers

Who is required to pay the annual registration fee?

All registered taxpayers except those earning purely compensation income Signup and view all the answers

What is the registration fee amount per establishment upon registration?

P500 Signup and view all the answers

When must the annual registration fee be filed?

January 31 Signup and view all the answers

Which of the following serves as a proper identification for tax purposes?

Taxpayer Identification Number (TIN) Signup and view all the answers

What can a taxpayer do within three years of filing a return?

Amend the return Signup and view all the answers

What is a 'Stop filer case'?

A case involving a taxpayer who has not filed required returns Signup and view all the answers

What is the primary purpose of the Electronic Bureau of Internal Revenue Forms (eBIRForms)?

To provide an alternative method for preparing and filing tax returns Signup and view all the answers

What happens to a Tentative Return if a final amended return is not filed?

It is treated as a final return Signup and view all the answers

What is the purpose of the Online Registration and Update System (ORUS)?

To manage taxpayer registrations and updates Signup and view all the answers

Which of the following is NOT included in the BIR eServices?

Tax benefit application processing Signup and view all the answers

What payment methods are supported by BIR ePayment Channels?

Online, credit/debit/prepaid cards, and mobile payments Signup and view all the answers

Which of the following statements about amending returns is true?

Amended returns must be filed within three years of the original filing Signup and view all the answers

Which BIR form is required for Individual Income Tax Returns due on April 15?

BIR Form 1700 Signup and view all the answers

What is the due date for the BIR Form 1701Q for quarterly tax returns?

November 15 Signup and view all the answers

Which form must be filed for Domestic Stocks Capital Gains Tax Returns and what is its due date?

BIR Form 1707, due 30 days from date of sale Signup and view all the answers

What is the deadline for filing BIR Form 2000 for Documentary Stamp Tax?

5 days from the close of the month Signup and view all the answers

What is the due date for BIR Form 2550Q for VAT returns?

25 days following end of Quarter Signup and view all the answers

BIR Form 1601C must be filed by which of the following for withholding taxes?

10th day following end of month Signup and view all the answers

When is BIR Form 1800 for Donor's Tax due?

30 days from the date of donation Signup and view all the answers

What is the filing deadline for BIR Form 1604CF concerning compensation withholding taxes?

January 31 of the year following the calendar year Signup and view all the answers

Which of the following is true about eFiling?

It allows electronic submission of returns over the internet Signup and view all the answers

What is the due date for payment of Excise Tax using BIR Form 2200?

Before Removal to the Customs Signup and view all the answers

Study Notes

Forms, Filings, and Compliances

Taxpayer Identification Number (TIN) is required for individuals and juridical persons to comply with Internal Revenue Code. This TIN is indicated on tax documents submitted to the Bureau of Internal Revenue (BIR).
Different application forms (BIR Forms 1901-1904) are for different types of applicants including self-employed, those with mixed income, purely compensation income, Overseas Filipino Workers/Seamen earning foreign-sourced income, corporations, partnerships, and one-time taxpayers.
Taxpayers must register with the appropriate Revenue District Office (RDO) before commencing business or operation with jurisdiction over head office, branch offices, place of production, and storage place.
Registration can also be done through the BIR's Online Registration and Update System (ORUS).
Certificate of Registration (BIR Form 2303) is issued upon successful registration.
Cancellation of registration is possible due to business closure, cessation, or termination using BIR Form 1905 (Application for Registration Information Update).
Annual registration fees (BIR Form 0605) are due on January 31 and amount to P500 for each separate or distinct establishment or place of business.
Income tax returns have different forms and deadlines. Individual income tax returns (BIR Form 1700, 1701, 1701Q) are due on April 15, May 16, Aug 15, and Nov 15. Corporate income tax returns (BIR Form 1702, 1702Q) are due on the 15th day of the 4th month and 60 days from the quarter's close.
Capital gains tax returns for domestic stocks (BIR Form 1707, 1707A) are due 30 days from the sale date and 15th day of the 4th month. Capital gains tax returns for real properties (BIR Form 1706) are also due 30 days from the sale date.
Documentary stamp tax returns (BIR Form 2000, 2000-OT) are due 5 days after the end of the month.
Transfer taxes (VAT, Percentage Tax, Excise Tax, Donor's Tax, Estate Tax) have different forms and deadlines. VAT is due 20th, 25th days after the month end for Monthly and Quarterly taxes. Percentage tax is due 25 days after quarter end. Excise tax is due before removal to customs; Donor's Tax is due 30 days from the donation date, and Estate tax is due one year after the decedent’s death.
Withholding taxes (compensation, expanded) have forms and deadlines. Compensation tax is due 10th day of the following month for most tax return filings. December compensation is due on the 15th. Expanded is due on the 10th of the following/next month.
Withholding tax certificates (BIR Form 2304, 2306, 2307, 2316) have specific requirements/purposes.

Tax Filing

Manual filing is an offline method using eBIRForms.
eFiling is the electronic method using the internet (eFPS or Online eBIRForms).

Rule on Amendment of Returns

Returns, statements, and declarations cannot be withdrawn but can be modified, changed, or amended within three (3) years from the date of filing.
No modifications after a tax audit/investigation notice.
Tentative returns become final unless a final amended return is submitted.

Open Cases

"Stop filer case" refers to cases wherein the Returns Compliance System (RSC) identifies registered taxpayers that failed to file their tax returns by the due date.

BIR eServices

eRegistration System (eReg) handles TIN issuance, registration fee payment, and certificate generation.
Electronic Filing and Payment System (eFPS) processes and submits tax returns and payments electronically.
eBIRForms allows taxpayers to prepare and submit tax returns. eAFS (Electronic Audited Financial Statements) are used to submit ITR(Income Tax Return), Audited Financial Statements (AFS) and required attachments online.
ePayment Channels for AABs (e.g., online payment, credit/debit cards, mobile) provide electronic means for paying taxes.
eONETT System facilitates One-Time Transactions (e.g., sale of real properties) transactions pertaining to real properties.
ORUS (Online Registration and Update System) for registration and updates.

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Description

Test your knowledge on tax compliance and registration processes in the Philippines. This quiz covers the necessary forms, Taxpayer Identification Numbers (TIN), and the registration procedures with the Bureau of Internal Revenue (BIR). Understand the different types of taxpayers and their requirements.