BIR 11 to use new ITR forms

Taxpayers in Davao City will be using a new set of forms when they file their Income Tax Returns this year.

Regional director Atty. Glen Geraldino in Wednesday’s Club 888 at Marco Polo Davao explained that these forms are necessary as the bureau prepares to replace manual recording and start marking use of optical machines.

Taxpayers will then be briefed on how to use the new BIR forms 1700 and 1701, wherein additional information are required to be declared.

Geraldino explained that BIR will soon have the Optical Character Reader Scanning machine which will be easier to handle on the part of the bureau personnel as this requires lesser human intervention in the filing process.

BIR 11 is now doubling its information campaign to urge taxpayers to file their ITR before April 15.

This year’s theme in the 2012 Tax Campaign of the bureau is “ I Love Philippines, I Pay Taxes”. A kick-off ceremony is set on March 6 at SM City Davao Event Center where all revenue district officers from the region will be around to campaign for a religious paying of taxes.

Since Geraldino started office in Davao, forty establishments were ordered closed under the Polan Kandado Program of the BIR.

The bureau is also keen in monitoring the tax payment of professionals and top taxpayers in the region.

“ We have processes plenty of doctors and lawyers here in the region already and we will continue being keen on the tax payment of these individuals,” he said. (PIA)

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