Get Bir Form 1927

Filling out the Bir Form 1927 online can streamline the application process for transferring properties to a controlled corporation. This comprehensive guide will walk you through each section and field of the form, ensuring you have the necessary information at your fingertips.

Follow the steps to successfully complete the Bir Form 1927 online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor. This will provide you with access to the Bir Form 1927 for online completion.
2. Begin by entering your information in Part I, Payment of Fees. State the amount you have paid in both numeric and word format, ensuring accuracy as this is a critical component of your application.
3. Complete Part II with the details of the Transferor/s and Transferee. Fill in all applicable fields including names, Tax Identification Numbers (TIN), addresses, and type of entity.
4. In Part III, provide details of the properties involved in the transfer. List each property’s nature, ownership percentage, Tax Declaration Number, and Original/Adjusted Basis. Ensure to include accurate values to avoid processing delays.
5. Continue to document any liabilities associated with the properties in the Schedule of Liabilities section. If there are none, explicitly state 'None' in the designated field.
6. Indicate the type of consideration for the properties being transferred in Part IV, checking the applicable box based on whether it involves shares from original, existing, or increased capital stock.
7. Complete the summary of capital structure after the exchange in the provided tables, detailing the number of shares before and after the transfer, including par values.
8. Gather all documentary requirements listed in Part V, ensuring you have original or certified true copies of each document, as these are crucial for the application’s acceptance.
9. Once all fields are filled out accurately, review your entries for completeness. Users can then save changes, download the completed form, print it, or share it according to their needs.

Start completing your Bir Form 1927 online today to ensure a smooth and efficient transfer process.