Vat-registered taxpayers are no longer required to file the BIR Form No. 2550M (Monthly Value-Added Tax Declaration) or pay the VAT on a monthly basis starting January 1, 2023.
Hence, BIR From No. 2550M – Monthly Value-Added Tax Declaration shall no longer be registered as one of the form types under VAT tax type and shall not be reflected in the Certificate of Registration (COR) of taxpayers registering as VAT.