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Clubs , Association , Management Corporation Or Similar Instituitions

  • Complete the association’s yearly tax return (Form TF), submit it to the Inland Revenue Board (IRB), and also prepare the income tax computation.
  • should provide guidance on paying the remaining tax, depending on the association’s yearly tax return.
  • To provide information on the deadline for submitting the original estimated tax return (Form CP 500) and compliance requirements in relation to the estimated tax amount.
  • To serve as a reminder for the revised tax liability estimations
  • Prepare and submit the updated Form CP502 tax payment estimate, if necessary.
  • To transfer the CP 500 or the tax instalment plan to the business and to obtain a receipt of the same.

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