The Bureau of Internal Revenue (BIR) Website (www.bir.gov.ph) is a transaction hub where the taxpaying public can conveniently access anytime, anywhere updated information on the Philippine tax laws and their implementing regulations and revenue issuances, including information on BIR Programs and Projects.

2020年10月4日 · Other Percentage Tax or OPT is a business tax imposed on INDIVIDUALS or BUSINESSES that sell or lease goods or services with an annual revenue that doesn’t exceed P3 million and is NOT VAT registered.

2024年10月22日 · To file your Other Percentage Tax (OPT) in the Philippines, you can use the BIR’s eFPS or eBIRForms platforms online. These options are designed to streamline the process, ensuring you’re complying with tax regulations without the hassle of visiting a BIR office. Here’s how to make the most out of online filing:

As the Bureau of Internal Revenue (BIR) defines it, Other Percentage Tax (OPT or non-VAT as commonly termed) is a business tax imposed on persons or entities who sell or lease goods, properties or services in the course of trade or business whose gross annual sales or receipts do not exceed P1,919,500 (effective 2012), and are not value-added ta...

Tax on Persons Exempt from Value-Added Tax (VAT).

Understanding the bank payment procedures for Other Percentage Tax (OPT) is crucial to ensure timely and accurate settlements with the Bureau of Internal Revenue (BIR). If your transaction or industry falls under OPT, it’s essential to know that the applicable rate will apply to your business’s gross annual sales or receipts.

2025年1月21日 · Freelancers and self-employed individuals, don’t miss your chance to opt for the 8% income tax rate—a simplified tax option designed to make tax compliance easier and lighter on your pocket! The deadline to avail this option is May 15, 2025. Here’s everything you need to …

2024年10月22日 · Percentage Tax (OPT) is a business tax in the Philippines imposed on individuals and entities engaged in trade or services. OPT is applicable to businesses with gross sales or receipts that do not exceed P3 million annually and are not registered for VAT. The tax rate for Percentage Tax is 3% of the quarterly gross sales or receipts.

For the initial registration with the Bureau of Internal Revenue (BIR) in the Philippines, the simple rules to determine whether an entrepreneur or an entity should register under Other Percentage Tax (OPT) or Value Added Tax (VAT) may be enumerated as follows:

The BIR is mandated to develop an EOPT and Digitalization Roadmap to ensure ease of compliance of tax laws, rules and regulations, such as the adoption of simplified tax returns, streamlining of tax