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Main Office:

5th

, 7th

& 8th

Floors, Don Jacinto Bldg., Dela Rosa

cor. Salcedo Streets, Legaspi Village, Makati City

Tel no. +63 (2) 894-5892 to 95

Regional Offices:

Batangas Branch

Unit-4 YCP Business Center, J.P. Laurel,

Lipa City, Batangas

Tel no. +63 (043) 757-5241

Davao Branch

3rd

Floor Bldg. B. Plaza Luisa,

Ramon Magsaysay Ave., Davao City

Tel. no +63 (82) 222-6636

Cebu Branch

Unit 504 Cebu Holdings Center,

Cebu Business Park,

Mabolo, Cebu City

Tel no. +63 (32) 415-8108 to 10

2013 YEAR-END TAX REMINDERS visit us on www.dmdcpa.com.ph

Tax and Corporate Services Division

YEAR-END REMINDERS DUE DATE

Registration of Books of Accounts

� RMC 82-08 provides that manual books that have been registered by a taxpayer but have not yet been fully utilized can still be used in the succeeding years without the need for re-stamping. The only requirement is to label the pages applicable to a particular period for proper monitoring. In other words, a new set of books shall be registered only when the previously registered books have been fully utilized. Therefore, taxpayers are not required to register a new set of books every year.

� Registration of Permanently Bound Computer - Generated/Loose Leaf Books

of Accounts and other Accounting Records

� Registration of Computerized Books of Accounts and Other Accounting Records in CD-R, DVD-R or other optical properly labelled with the information required

January 15, 2014

(Wednesday)

January 30, 2014

(Thursday)

Local Business Permits and Licenses

Renewal of Business Permits and Licenses with Local Government Unit concern

January 20, 2014

(Monday)

Refund of excess taxes withheld Refund of excess taxes withheld on compensation by employer, whether Private or Government, as a result of the Year-end adjustment

January 25, 2014

(Saturday)

Annualization of Withholding Taxes of Employees

This process involves the preparation of the following:

� Monthly withholding tax return (BIR Form 1601-C) for December

January 15, 2014

(Wednesday)

(Filing and remittance)

For manual filers

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Main Office:

5th

, 7th

& 8th

Floors, Don Jacinto Bldg., Dela Rosa

cor. Salcedo Streets, Legaspi Village, Makati City

Tel no. +63 (2) 894-5892 to 95

Regional Offices:

Batangas Branch

Unit-4 YCP Business Center, J.P. Laurel,

Lipa City, Batangas

Tel no. +63 (043) 757-5241

Davao Branch

3rd

Floor Bldg. B. Plaza Luisa,

Ramon Magsaysay Ave., Davao City

Tel. no +63 (82) 222-6636

Cebu Branch

Unit 504 Cebu Holdings Center,

Cebu Business Park,

Mabolo, Cebu City

Tel no. +63 (32) 415-8108 to 10

� Annual Information Return of Income Taxes Withheld on Compensation (BIR Form 1604-CF) including the alphabetical listing of employees

� Distribution of Certificates of Compensation Payment/Tax Withheld (BIR Form 2316) to employees

� Submission of duplicate copy of form 2316 to BIR by the employer-withholding agent (RR 11-2013)

Those preparing these returns have to remember the increased amount of basic personal and additional exemptions of individual taxpayers amounting to P50,000 and P25,000, respectively, regardless of status (i.e., single, head of family or married) and the tax exemption of minimum wage earners.

Annualization of Expanded Withholding Taxes

� Monthly withholding tax return (BIR Form 1601-E) for December

E-filing:

January 11 to 15, 2014 for

EFPS depending on

industry group

E-payment: January

20,2014

January 31, 2014

(Friday)

January 31, 2014

(Friday)

February 28, 2014

(Friday)

January 15, 2014

(Wednesday)

(Filing and remittance)

For manual filers

E-filing:

January 11 to 15, 2014 for

EFPS depending on

industry group

E-payment: January

20,2014

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Main Office:

5th

, 7th

& 8th

Floors, Don Jacinto Bldg., Dela Rosa

cor. Salcedo Streets, Legaspi Village, Makati City

Tel no. +63 (2) 894-5892 to 95

Regional Offices:

Batangas Branch

Unit-4 YCP Business Center, J.P. Laurel,

Lipa City, Batangas

Tel no. +63 (043) 757-5241

Davao Branch

3rd

Floor Bldg. B. Plaza Luisa,

Ramon Magsaysay Ave., Davao City

Tel. no +63 (82) 222-6636

Cebu Branch

Unit 504 Cebu Holdings Center,

Cebu Business Park,

Mabolo, Cebu City

Tel no. +63 (32) 415-8108 to 10

� Annual Information Return of Income Taxes Withheld on Compensation (BIR Form 1604-E) including the alphabetical listing of payees

March 1, 2014

(Saturday)

Inventory List

Submission of Inventory List of finished goods, work in process, raw materials, supplies and stock-in trade. In preparing the inventory list, taxpayers should ensure that the amount of ending inventory declared in the list will be the same amount reported in the audited financial statements as well as in the annual income tax return.

January 30, 2014

(Thursday)

Tenants Profile

Submission of tenants profile including the following documents: (1) Building/space layout of the entire area being leased with proper unit/space address or reference; (2) Certified True Copy of Contract of Lease per tenant; and (3) Lessee Information Statement as of December 31, 2013.

January 31, 2014

(Friday)

List of Regular Suppliers

Submission of List of Regular Suppliers by the Top 5,000/20,000 Individual/Private

Corporations including Large Taxpayers for second semester of 2013.

January 31, 2014

(Friday)

Annual Registration Fee

Annual Registration Fee of P 500

January 31, 2014

(Friday)

Annual Tax Certificates

� Distribution to payee of Certificate of Income Payment not Subject to

Withholding Tax (Excluding Compensation Income) (Form 2304)

� Distribution to payee of Certificate of Final Income Tax Withheld (Form

2306) including qualified employees whose purely compensation income and

fringe benefits were subjected to Final Withholding Tax

� Distribution to employee of Certificate of Compensation Payment/Tax

Withheld (Form 2316)

January 31, 2014

(Friday)

January 31, 2014

(Friday)

January 31, 2014

(Friday)

SEC Guidelines in the filing of AFS (SEC Memorandum Circular no. 16, s. 2013)

� For corporations under fiscal year ending December 31 and files at the SEC Head office, observe the following:

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Main Office:

5th

, 7th

& 8th

Floors, Don Jacinto Bldg., Dela Rosa

cor. Salcedo Streets, Legaspi Village, Makati City

Tel no. +63 (2) 894-5892 to 95

Regional Offices:

Batangas Branch

Unit-4 YCP Business Center, J.P. Laurel,

Lipa City, Batangas

Tel no. +63 (043) 757-5241

Davao Branch

3rd

Floor Bldg. B. Plaza Luisa,

Ramon Magsaysay Ave., Davao City

Tel. no +63 (82) 222-6636

Cebu Branch

Unit 504 Cebu Holdings Center,

Cebu Business Park,

Mabolo, Cebu City

Tel no. +63 (32) 415-8108 to 10

Filing Period Last Numerical Digit of SEC Registration License Number April 14, 15, 16, 17, 18 “1” and “2”

April 21, 22, 23, 24, 25 “3” and “4”

April 28, 29, 30 and May 2 “5” and “6”

May 5, 6, 7, 8, 9 “7” and “8”

May 12, 13, 14, 15, 16 “9” and “0”

� Prior to April 14, 2014, all corporations may file their AFS regardless of

the last numerical digit of their registration or license number.

� Late filings shall be accepted starting May 19, 2014 and shall be subjected to the prescribed penalties which shall be computed from the date of the last day of filing schedule.

Stamping of BIR copy for AFS

Per RMO 13-2011, all concerned AABs and BIR offices shall receive the income tax returns by stamping the official receiving seal or stamp of receipt of an internal revenue office where the said returns are filed on the space provided for in the three copies of the returns. In case of Corporations and other Juridical Persons, there should be stamped "RECEIVED" in at least two (2) extra copies of the AFS for filing with the SEC.

NOTE: According to BIR, deadlines which fall on weekends/holidays and non-working days shall automatically be moved to the next working day. However, in case of failure to beat the bank cut-off time will no longer be considered as a reason for abatement of penalties and/or interest arising from one day late payment of national internal revenue tax liabilities (RR 4-2012).

DISCLAIMER:

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