THE TAX bureau's authorized agent banks will be open on Saturday and
Monday up to 5 p.m. to accommodate taxpayers beating the April 16
deadline for the payment of income tax and the filing of annual income
tax returns.
Taxpayers may go to the following banks:
• Allied Banking Corp.;
• Bank of Commerce;
• Bank of the Philippine Islands;
• China Banking Corp.;
• Chinatrust Commercial Bank Corp.;
• Citibank Philippines;
• Deutsche Bank;
• Development Bank of the Philippines;
• EastWest Banking Corp.;
• HSBC Philippines;
• Land Bank of the Philippines;
• Metropolitan Bank & Trust Co.;
• Philippine Bank of Communications;
• Philippine National Bank;
• Philippine Veterans Bank;
• Philippine Trust Co.;
• Rizal Commercial Banking Corp.;
• Security Bank Corp.;
• Standard Chartered Bank;
• Union Bank of the Philippines; and
• United Coconut Planters Bank.
Large taxpayers -- the top 20,000 corporations, top 5,000 individuals
and government bidders -- who use the Bureau of Internal Revenue's (BIR)
electronic filing and payment system can make over-the-counter payments
at the above banks, except Allied Bank, Bank of Commerce, EastWest Bank
and Philippine Veterans Bank.
Meanwhile, small taxpayers who will pay less than P10,000 can do so
using GCASH. They should text "PAYBIR" followed by the amount, personal
identification number, tax type ("IT" for "income tax"), tax form (1700,
1701 or 1702), return period, taxpayer identification number, taxpayer
branch code, revenue district office code and registered name, and send
to 2882.
Individual and corporate taxpayers are required to pay their income tax
and file their annual ITRs, covering their 2011 taxable income, on or
before April 16. The deadline is typically set on April 15, but it falls
on a Sunday this year.
The BIR is tasked to collect P122.815 billion this month, its highest
revenue target for the year due to the payment and filing deadline. --
Diane Claire J. Jiao
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CARLOS ANI - International Microfinance Consultant - SEEDFINANCE Corporation Chairman
Mailing address: PO Box 90 UPLB Los Banos Laguna, Philippines 4031
Emails: carlosani@gmail.com , carlosani@seedfinance.net
Landline Phone: +63495010127 (PLDT)
Cellphone Numbers: +639152919580 (Globe) and +639328590859 (Sun)
Websites:
CARLOSANI.COM - http://www.carlosani.com
DEVJOBS - http://www.devjobsmail.com
PHILDEVFINANCE - http://phildevfinance.posterous.com
My News Clippings - http://www.myclipps.posterous.com
Family website - http://www.anifamily.net
SEEDFINANCE Corporation - http://www.seedfinance.net
Skype name: carlosaniph
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