Republic Acts1 min read
Section 19Sec./Art. 19
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A new Section 295-A shall be introduced in the National Internal Revenue Code of 1997, as amended. This new Section 205-A shall read as follows:
"Section 295-A. Registered Business Enterprises Taxpayer Service. - A separate service within the BIR is hereby created to support the end-to-end tax compliance of RBEs. The Commissioner shall prescribe the manner and place of filing returns and payment of taxes by RBEs through the said service. For ease of compliance with tax rules and regulations, simplified filing and payment processes shall be implemented for RBEs."
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