NextGen Day

To enable them to meet their commitments while traveling abroad, overseas Filipino employees must be able to file their tax returns online.

The payment of real estate and estate taxes, among other taxes, would be simpler for non-residents or people working abroad, according to Senator Win Gatchalian, if they were allowed to use the Bureau of Internal Revenue’s Electronic Filing and Payment System (BIR).

“We must make it simpler for our citizens to pay their taxes if we are to increase the effectiveness of our tax collection. In a news release on Friday, Gatchalian stated that “We need to repair our system and give our taxpayers better tools to help us enhance tax compliance. Kailangan nating magkaroon ng maayos na sistema at mas maayos na pagtrato sa ating mga taxpayer.”

The idea is incorporated into Gatchalian’s Senate Bill 1346, also known as the Ease of Paying Tax, which amends various sections of the National Internal Revenue Code of 1997 to bring administrative tax reforms.

According to data from the BIR, just 43% of all tax returns were filed electronically in 2015, but that percentage significantly increased to 94% of all tax filings in 2020 due to the global pandemic.

The law aims to enable taxpayers to pay taxes to any authorized agent bank (AAB), not just AABs in the revenue district office where the taxpayer is registered, in addition to giving them the option of filing their returns and paying the taxes owed electronically.

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