BIR Upgrades Docu Stamp Use
The Bureau of Internal Revenue (BIR) has upgraded its electronic documentary stamp tax (eDST) system to facilitate the generation of the stamps used by taxpayers in selected transactions.
The upgrade consisted of changing certain policies on their usage as well as distributing the electronic machines to the agency's collection and audit offices nationwide.
The electronic gadgets were previously available only in banks authorized by the BIR to accept tax payments and at the collection service and collection programs division in the national office.