Enhanced VAT Forms

December 1, 2005 REVENUE MEMORANDUM CIRCULAR NO. 68-05 SUBJECT : Enhanced VAT Forms BIR Form No. 2550M (Monthly Value Added Tax Declaration) and BIR Form No. 2550Q(Quarterly Value Added Tax Return) - September 2005 Version TO : All Internal Revenue Officials, Employees and Others Concerned Relative to the implementation of Republic Act 9337, the act that amends certain sections of the National Internal Revenue Code of 1997, as amended, including the Sections in Title IV of said Code on Value Added Tax, taxpayers who, hereafter, are required to file Value Added Tax Declaration and Value-added Tax Return shall use the September-2005 enhanced VAT Forms as enumerated hereunder, copies of which are likewise hereto attached as annexes, to wit: 1) BIR Form No. 2550M (Version September 2005 ENCS) - the Monthly Value Added Tax Declaration (Annex A); and 2) BIR Form No. 2550Q (Version September 2005 ENCS) - the Quarterly Value Added Tax Return (Annex B). All Revenue Officials are hereby enjoined to give this Circular as wide a publicity as possible. cDCIHT (SGD.) JOSE MARIO C. BUAG OIC-Commissioner of Internal Revenue ANNEX A BIR Form No. 2550M ANNEX B BIR Form No. 2550Q