How the BIR uses the SLS and SLP. Data generated from this SLS and SLP is used by the BIR in matching of sales and purchases from among the taxpayers so the same has been a source of numerous tax assessments and deficiency internal revenue taxes.

Mar 3, 2025 · Overview of SLSP (Summary List of Sales and Purchases) The Summary List of Sales and Purchases (SLSP) is a mandatory report in the Philippines that certain taxpayers—particularly VAT-registered persons—are required to …

Jun 28, 2021 · The Summary Listing of Sales and Purchases also known as SLSP is one of the documentary requirements that the BIR requires all VAT-registered taxpayers.

The Bureau of Internal Revenue (BIR) Website (www.bir.gov.ph) is a transaction hub where the taxpaying public can conveniently access anytime, anywhere updated information on the Philippine tax laws and their implementing regulations and revenue issuances, including information on BIR Programs and Projects.

Mar 26, 2015 · Compromise penalties are amounts that a taxpayer may pay for certain offenses punishable under the Tax Code, which, if accepted by the BIR, will be in lieu of criminal prosecution.

The Quarterly Summary List of Sales and Purchases (SLSP) shall be received from VAT taxpayers in magnetic form. Hence, hard copies of SLSP need not be submitted.

Also known as Summary Lists of Sales and Purchases, SLSP files support the third-party information program of the BIR via cross-referencing with the information presented in the taxpayer’s list of sales/purchases.

The document discusses the Summary List of Sales and Purchases (SLSP) filing requirements for VAT registered taxpayers in the Philippines. It explains what an SLSP is, who needs to file, when it must be filed, and how to file using the BIR RELIEF system.

Aug 15, 2022 · Summary List of Sales and Purchases (SLSP) is the attachment to VAT Forms–2550Q. As the term suggests, it is a summary of third party information (clients and suppliers) the Bureau of Internal Revenue uses for cross-referencing.

The Quarterly Summary List of Sales and Purchases (SLSP) shall be received from VAT taxpayers in magnetic form. Hence, hard copies of SLSP need not be submitted.