Creating and Designating a Building to be Known as Circuit Corporate Center 1 in Barangay Carmona, Makati City, as an Information Technology Center

February 25, 2014 BANK BULLETIN NO. 06-14 TO : All BIR Authorized Agent Banks SUBJECT : New Annual Income Tax Return Forms (BIR Forms 1700, 1701, 1702-RT, 1702-EX & 1702-MX) All taxpayers who are required to file their annual Income Tax Returns with taxable year ending December 31, 2013 which are due for filing on or before April 15, 2014 are mandated to use the following new Annual Income Tax Return Forms pursuant to Revenue Regulations No. 2-2014: 1. BIR FORM 1700 version June 2013 (Annual Income Tax Return for Individuals Earning Purely Compensation Income); 2. BIR FORM 1701 version June 2013 (Annual Income Tax Return for Self-Employed Individuals, Estates and Trusts); 3. BIR FORM 1702-RT version June 2013 (Annual Income Tax Return for Corporation, Partnerships and Other Non-Individual Taxpayers Subject Only to the Regular Income Tax Rate); 4. BIR Form No. 1702-EX version June 2013 (Annual Income Tax Return for Use Only by Corporations, Partnerships and Other Non-Individual Taxpayers EXEMPT under the Tax Code, as amended, [Sec. 30 and those exempted in Sec. 27 (C)] and Other Special Laws, with NO Other Taxable Income); and 5. BIR Form No 1702-MX version June 2013 (Annual Income Tax Returns for Corporations, Partnerships and Other Non-Individuals with Mixed Income Subject to Multiple Income Tax Rates or with Income Subject to Special/Preferential Rate) HTcADC Relative thereto, all Authorized Agent Banks are hereby advised to accept the tax payments covered by the abovementioned revised annual income tax returns for taxable year ending December 31, 2013. It is informed that in the preparation of the Batch Control Sheets (BCS) using the Limited Bank Data Entry System (LBDES) for corporate income tax returns, only the form type code of 1702 should be reflected in the said report and the suffixes "RT", "EX", and "MX" must be disregarded. This requirement must be strictly observed until such time that a new advisory is issued by this Office. Please be advised accordingly. (SGD.) KIM S. JACINTO-HENARES Commissioner of Internal Revenue