Major Changes in 2025/26 Paper Profits Tax Return [BIR51, BIR52 & BIR54]

BIR51, BIR52 or BIR54 must be submitted together with the Control List for Supplementary Form Uploaded (IR1477) (if applicable) to the Department.

The following Items are added/amended in the paper Profits Tax Returns this year: 

• Items 3.9 to 3.9.1 of BIR51 and Items 2.8 to 2.8.1 of BIR52 are added to indicate whether the taxpayer is a specified person under section 51AAB of and Schedule 65 to the Inland Revenue Ordinance (i.e. Part 4AA Entity) mandating to file the return in the form of an electronic record; and whether the taxpayer is qualified for filing the return in paper form under the specified circumstances or conditions.  If the taxpayer is a specified person and does not fall within the exception cases where filing of returns in paper form is still permitted, the return must be filed in the form of an electronic record.
• Item 10.20 of BIR51 and Item 10.20 of BIR52 are added to state the amount of foreign tax paid claimed as a unilateral tax credit. If not applicable, please enter “0”.