FIRB Issuances – FIRB Advisory 16-2023

The Fiscal Incentive Review Board (FIRB) announces the availability of the updated templates for the Annual Tax Incentives Report (ATIR) and Annual Benefits Report (ABR) of Cooperatives as prescribed under the Department of Finance – Department of Trade and Industry Joint Administrative Order (DOF-DTI JAO) No. 001-2023

(FIRB Advisory 16-2023 dated 14 September 2023)

The FIRB secretariat is pleased to inform the Cooperative Development Authority (CDA) and all registered cooperatives that the updated templates for the ATIR and ABR of Cooperatives (i.e., FIRB Form No. 3003AS v2.0 dated 14 September 2023) may now be downloaded from the FIRB website through the following link:

https://firb.gov.ph/download/firb-form-no-3003as-atir-and-abr-of-cooperatives/

The updated templates shall be used by registered cooperatives availing of tax incentives in submitting the complete ATIR and ABR (Annexes A and B) to the CDA, and by the CDA in submitting the consolidated ATIR and ABR and master list of cooperatives (Annexes C, D and E), beginning Taxable Year 2023 as prescribed under DOF-DTI JAO No. 001-2023 1 and under FIRB Advisory No. 007-2023.

Nonetheless, the deadlines for the submission of these reports as mandated in the aforementioned issuances shall remain to be strictly followed.

A copy of the FIRB Advisory can be accessed thru this file (FIRB Advisory 16-2023)