BIR Form No. 1704

BIR Form 1704

BIR Form 1704

Improperly Accumulated Earnings Tax Return

Download Form 

This form is to be filed by every domestic corporation classified as closely-held corporation except banks and other non-bank financial intermediaries, insurance companies, taxable partnerships, general professional partnerships, non- taxable joint ventures and enterprises duly registered with the Philippine Economic Zone Authority (PEZA) under R.A. 7916, and enterprises registered pursuant to the Bases Conversion and Development Act of 1992 (R.A. 7227), and other similar laws, shall render a true and accurate tax return in accordance with the provision of the Tax code.

When to File?

The return shall be filed within 15 days after the close of the year immediately succeeding taxpayer's covered taxable year.