Index for Withholding Tax: Withholding Tax on Compensation is the tax withheld from income payments to individuals arising from an employer-employee relationship. Final Withholding Tax is a kind of withholding tax which is prescribed on certain income payments and is not creditable against the income tax due of the payee on other income subject to regular rates of tax for the taxable year.

Income Tax withheld constitutes the full and final payment of the Income Tax due from the payee on the particular income subjected to final withholding tax. Sections 57 to 58 and 78 to 83 of the National Internal Revenue Code NIRC. Monthly Remittance of Taxes Withheld on Compensation. Monthly Remittance Return of Income Taxes Withheld on Compensation. Every registered withholding agent on compensation, which includes, but not limited to the following:.

Read instructions indicated in the tax return. Accomplish correctly BIR Form No. Group A - Fifteen 15 days following end of the month Group B - Fourteen 14 days following end of the month Group C - Thirteen 13 days following end of the month Group D - Twelve 12 days following end of the month Group E - Eleven 11 days following end of the month. The staggered manner of filing is only allowed to taxpayers using the Electronic Filing and Payment System EFPS based on the industry classification groupings per RR No.

On or before the fifteenth 15th day of the month following the month withholding was made, except for taxes withheld for the month of December which shall be paid on or before January 20 of the succeeding year. Provided however that, in the case of NGAs, all returns must be electronically filed e-filed and payment of the tax due must also be made on the same day the return is e-filed which shall be on or before the 10th day following the month in which withholding was made, except for taxes withheld for the month of December of each year, which shall be filed on or before January 15 of the succeeding year.

On or before the tenth 10th day of the month following the month the withholding was made, except for taxes withheld for the month of December which shall be filed and paid on or before January 15 of the succeeding year. Z-Zero exemption S-Single ME-Married Employee 1;2;3;4-Number of qualified dependent children.

Married Employee Husband or Wife whose spouse is unemployed. Married Employee Husband or Wife whose spouse is a non-resident citizen receiving income from foreign sources 3.

Married Employee Husband or Wife whose spouse is engaged in business 4. Zero Exemption for employees with multiple employers for their 2 nd3 rd …. Zero Exemption for those who failed to file Application for Registration.

Employed husband and husband claims exemptions of children 2. Employed wife whose husband is also employed or engaged in business; husband waived claim for dependent children in favor of the employed wife 3. Single with qualified dependent children. Monthly Remittance Of Income Taxes Withheld Expanded [Except for Transactions Involving Onerous Transfer of Real Property Classified as Ordinary Asset]. Monthly Remittance Return of Income Taxes Withheld Expanded [Except for Transactions Involving Onerous Transfer of Real Property Classified as Ordinary Asset].

Every registered withholding agent on Expanded Withholding Tax, which may include, but not limited to the following:. However, insofar as taxable sale, exchange or transfer of real property is concerned, individual buyers who are not engaged in trade or business are also constituted as withholding agents. Return previously filed and proof of remittance, if amended return. Monthly Alphalist of Payees MAPexcept income payments made by political parties, candidates and income payments made by individual or juridical person on the purchase of goods and services as campaign contributions to political parties and candidates.

Electronic Tax Remittance Advice eTRA previously Tax Remittance Advice TRA for National Government Agencies NGAs as required under DOF- DBM Joint Circular No.

Accomplish BIR Form No. On or before the fifteenth 15th day of the month following the month withholding was made, except for taxes withheld for the month of December which shall be paid on or before January 20th of the succeeding year.

Monthly Remittance Of Value-Added Taxes And Other Percentage Taxes Withheld. Payors of income subject to Value-Added Tax to Non-residents. Alphabetical list of payees MAP indicating the following:. Return previously filed and proof of tax payments, if amended return. Certificate of Tax Treaty Relief, if applicable.

Authorization Letter, if the return is filed by the authorized representative. Read instructions indicated at the back of the tax return. Form in triplicate copies. On or before the tenth 10th day of the month following the month the withholding was made, whether EFPS or manual filing and payment.

Monthly Remittance of Final Income Taxes Withheld. Monthly Remittance Return of Final Income Taxes Withheld. Electronic Tax Remittance Advice eTRA previously Tax Remittance Advice TRA for National Government Agencies NGAs as required under DOF-DBM Joint Circular No.

On or before the fifteenth 15 th day of the month following the month withholding was made, except for taxes withheld for the month of December which shall be paid on or before January 20 of the succeeding year. Remittance Return of Percentage Tax On Winnings And Prizes Withheld By Race Track Operators. Remittance Return of Percentage Tax on Winnings and Prizes Withheld by Race Track Operators. Accomplish BIR Form WP in triplicate copies. Within twenty 20 days from the date the tax was deducted and withheld.

Quarterly Remittance Of Final Income Taxes Withheld On Fringe Benefits Paid To Employees Other Than Rank And File. Return previously filed and proof of tax paymentsif amended return. On or before the fifteenth 15th day of the month following the end of the calendar quarter in which the fringe benefits were granted to the recipient. Provided however that, in the case of NGAs, it shall be e-filed and paid on or before the 10 th day of the month following the quarter.

On or before the tenth 10th day of the month following the end of the calendar quarter in which the fringe benefits were granted to the recipient. Monthly Remittance Of Final Income Taxes Withheld On Interest Paid And Yield On Deposit Substitutes, Trust, Etc. On or before the fifteenth 15th day of the month following the month withholding was made.

On or before the fifteenth 15 th day of the month following the month withholding was made, except for taxes withheld for the month of December which shall be paid on or before January 20th of the succeeding year. Alphalist of Payees subjected to Expanded Withholding Tax. Alphalist of Other Payees Whose Income Payments Are Exempt from Withholding Tax but subject to Income Tax. Return previously filed and proof of tax payment for amended return.

Above alphalists are to be submitted in accordance with RR as amended. Proceed to the Revenue District Office where you are registered and present the duly accomplished BIR Form No.

Receive your copy of the duly stamped and validated form from the RDO representative. On or before March 1 of the year following the calendar year in which the income payments subjected to expanded withholding taxes or exempt from withholding tax were paid. Annual Information On Income Taxes Withheld On Compensation And Final Withholding Taxes.

Annual Information Return of Income Taxes Withheld on Compensation and Final Withholding taxes. Alphalist of Employees as of December 31 With no Previous Employer within the year.

Alphalist of Employees Terminated Before December Alphalist of Employees Whose Compensation Income Are Exempt from Withholding Tax But Subject to Income Tax. Alphalist of Employees other than Rank and File Who Were Given Fringe Benefits During the Year.

Alphalist of Payees Subjected to Final Withholding Tax. On or before January 31 following the calendar year in which the compensation payment and other income payments subjected to final withholding taxes were paid or accrued. There are two main classifications or types of withholding tax. It means any remuneration received for services performed by an employee from his employer under an employee-employer relationship. Remuneration as an incident of employment, such as the following:.

Any amount received by an official or employee or by his heirs from the employer due to death, sickness or other physical disability or for any cause beyond the control of the said official or employee such as retrenchment, redundancy or cessation of business.

Social security benefits, retirement gratuities, pensions and other similar benefits.

Payment of benefits due or to become due to any person residing in the Philippines under the law of the US administered by the US Veterans Administration. Payment of benefits made under the SSS Act ofas amended. Benefits received from the GSIS Act ofas amended, and the retirement gratuity received by the government official and employees. Remuneration paid for agricultural labor and paid entirely in products of the farm where the labor is performed.

Remuneration for casual labor not in the course of an employer's trade or business. Compensation for services by a citizen or resident of the Philippines for a foreign government or pricing and hedging quanto options in energy markets international organization.

Amount received by the insured as a return of premium. Thirteenth 13th month pay and other benefits not to exceed P 30, The following shall be considered "De Minimis" benefits not subject to income tax, hence not subject to withholding tax on compensation income of both managerial and rank and file employees:. Substituted Filing of ITR is the manner by which declaration of income of individuals receiving purely compensation income the taxes of which have been withheld correctly by their employers.

Employees who satisfies all of the following conditions:. Receiving purely compensation canadian birth certificate on stock market regardless of amount.

Working for only one employer in the Philippines for the calendar year. Tax has been withheld correctly by the employer tax due equals tax withheld. The employer files the annual information return BIR Form No. Stock market crash 1929 effects on people employer issues BIR Form No.

For those employees qualified under the substituted filing, the employer. Filling, demolition and salvage work contractors and operators of mine drilling apparatus. Persons engaged in the installation of water system, and gas or electric light, heat or power.

Operators of stevedoring, warehousing or forwarding establishments. Printers, bookbinders, lithographers and publishers, except those principally engaged in the publication or printing of any newspaper, magazine, review or bulletin which appears at regular intervals, with fixed prices for subscription and sale. Advertising agencies, forex broker in bangladesh of payments to media.

Independent producers of television, radio and stage performances or shows. Persons engaged in the installation of elevators, central air conditioning units, computer machines and other equipment and machineries and the maintenance services forex.

online manual for successful trading. Persons engaged in the collection and disposal of garbage. TV and radio station operators on sale of TV and radio airtime, and. TV and radio blocktimers on sale of TV and radio commercial spots. Persons exempt from VAT under Sec. A withholding agent is any person or entity who is required to deduct and remit the taxes withheld to the government.

The following are the duties and obligations of the withholding agent:. Top twenty thousand 20, private corporations shall include a corporate taxpayer who has been determined and notified by the Bureau of Internal Revenue BIR as having satisfied any of the following criteria:.

However, casual purchase of goods shall not be subject to withholding tax unless the amount of purchase at any one time involves P10, or more, in which case, it shall then be required to withhold the tax. Provided, however, that for purchases involving agricultural products in their original state, the tax required to be withheld shall only apply to purchases in excess of the cumulative amount of P, within the same taxable year.

For this purpose, agricultural products in their original state shall only include corn, coconut, copra, palay, rice cassava, sugar cane, coffee, fruits, vegetables, marine food products, poultry and livestocks. Filing shall be done on a staggered basis provided under RR and payment shall be made every 15 make money writing fiction ebooks day following the end of the month for Jan-Nov and Jan.

Deadline for submission of the list is not later than July 31 and January 31 of each year. However, initial list of 777 how are binary options taxed suppliers should be submitted within fifteen 15 days from actual receipt hereof. Top 5, Individual Taxpayers buy bre-x stock certificate refer to individual taxpayers engaged in trade or business or exercise of profession who have been determined and notified by the Bureau of Internal Revenue BIR as having satisfied any of the following criteria:.

The following officials are duty stock market 4/18 to deduct, withhold and remit taxes:. Menu Site Map Accessibility Contact Us BIR Trunkline Directory National Office Regional Offices Revenue District Offices Revenue Data Centers. Home Tax Information Withholding Tax. PH Customs ng Bayan Full Disclosure Policy Portal LGUs.

Description Codal Reference Monthly Remittance of Taxes Withheld on Compensation Monthly Remittance Of Income Taxes Withheld Expanded [Except for Transactions Involving Onerous Transfer of Real Property Classified as Ordinary Asset] Monthly Remittance Of Value-Added Taxes And Other Percentage Taxes Withheld Monthly Remittance of Final Income Taxes Withheld Remittance Return of Percentage Tax On Winnings And Prizes Withheld By Race Track Operators Quarterly Remittance Of Final Income Taxes Withheld On Fringe Benefits Paid To Employees Other Than Rank And File Monthly Remittance Of Final Income Taxes Withheld On Interest Paid And Yield On Deposit Substitutes, Trust, Etc.

Monthly Remittance Return of Income Taxes Withheld on Compensation Who Are Required To File Every registered withholding agent on compensation, which includes, but not limited to the following: Procedures for Filing and Payment 1. If there is tax required to be remitted: If there is no tax required to be remitted: Deadline Filing Via EFPS Group A - Fifteen 15 days following end of the month Group B - Fourteen 14 days following end of the month Group C - Thirteen 13 days following end of the month Group D - Twelve 12 days following end of the month Group E - Eleven 11 days following end of the month Note: Payment Via EFPS On or before the fifteenth 15th day of the month following the month withholding was made, except for taxes withheld for the month of December which shall be paid on or before January 20 of the succeeding year.

Professionals lawyers, CPAs, engineers, etc. Management binary options broker swiss technical consultants paid to individuals. Income distribution to beneficiaries of estates and trusts. Payments to medical practitioners by a duly registered professional partnership for the practice of the medical profession - If the currents year's income payments to the medical practitioner is P, and below.

Payments to medical practitioners by a duly registered professional partnership for the practice of the medical profession - If the currents year's income payments to the medical practitioner exceeds P, Payment by the general professional partnerships GPP to its partners - If the current year's income payments to the partners is Pand below.

Payment by the general professional partnerships GPP to its partners - If the current year's income payments to the partners exceeds PAdditional payments to government personnel from importers, shipping and airline companies or their agents for overtime services. Payments made by pre-need companies to funeral parlors - Individual. Payments made by pre-need companies to funeral parlors - Corporate.

Income payments made to suppliers of Agricultural products - Individual. Income payments made to sanofi aventis stock price paris exchange of Agricultural products - Corporate.

On gross amount of refund given by Meralco to customers with active contracts as classified by Meralco - Individual. On gross amount of refund given by Meralco to customers with active contracts as classified by Meralco - Corporate. On gross amount of refund given by Meralco to customers with terminated contracts as classified by Meralco - Individual. On gross amount of refund given by Meralco to customers with terminated contracts as classified by Meralco - Corporate.

Withholding on gross amount of interest on the refund trade binary options from scratch meter deposit whether paid directly to the customers or applied against customer's billing - Residential and General Service customers whose monthly electricity consumption exceeds kwh as classified by MERALCO - Individual.

Withholding on gross amount of interest on the refund of meter deposit whether paid directly to the customers or applied against customer's billing - Residential and General Service customers whose monthly electricity consumption exceeds kwh as classified by MERALCO - Corporate. Withholding on gross amount of interest on the refund of meter deposit stock option tax withholding paid directly to the customers or applied against customer's billing - Non-Residential customers whose monthly electricity consumption exceeds kwh as classified by MERALCO currency trading firms toronto Individual.

Withholding on gross amount of interest on the refund of meter deposit whether paid directly to the customers or applied against customer's billing - Non-Residential customers whose monthly electricity consumption exceeds kwh as classified by MERALCO - Corporate.

Withholding money activities for 1st graders gross amount of interest on the refund of meter deposit whether paid directly to the customers or applied against customer's billing - Residential and General Service customers whose monthly earn money listening songs consumption exceeds kwh as classified by other electric Distribution Utilities DU - Individual.

Withholding on gross amount of interest on the refund of meter deposit whether paid directly to the customers or applied against customer's billing - Residential and General Service customers whose monthly electricity consumption exceeds kwh as classified by other electric Distribution Utilities DU - Corporate.

Withholding on gross amount of interest on the refund of meter deposit whether paid directly to the customers or applied against customer's billing - Non-Residential customers whose monthly electricity consumption exceeds kwh as classified by other electric Distribution Utilities DU - Individual. Withholding on gross amount of interest on the refund of meter deposit whether paid directly to the customers or applied against customer's billing - Non-Residential customers whose monthly electricity consumption exceeds kwh as classified by other electric Distribution Utilities DU - Corporate.

Income payments made by political parties and candidates of local and national elections of all their purchase of goods and services as campaign expenditures, and income payments made by individuals or juridical persons for their purchases of goods and services intended to be given as campaign contribution to political parties and candidates - Individual. Income payments made by political parties and candidates of local and national elections of all their purchase of goods and services as campaign expenditures, and income payments made by individuals or juridical persons for their purchases of goods and services intended to be given as campaign contribution to political parties and candidates - Corporation.

Income payments received by Real Estate Investment Trust REIT. Interest income derived from any other debt instruments not within the coverage of deposit substitutes and Revenue Regulations No. Lease or use of properties or property rights owned by non-residents Government Withholding Agent. Lease or use of properties or property rights owned by non-residents Private Withholding Agent. Other services rendered in the Philippines by non-residents Government Withholding Agent.

Other services rendered in the Philippines by non-residents Private Withholding Agent. Tax on overseas dispatch, message or conversation originating from the Philippines.

Tax on Banks and Non-Bank Financial Intermediaries Performing Quasi-Banking Functions. On interest, commissions and discounts from lending activities as well as income from financial leasing, on the basis of remaining maturities of instruments from which such receipts are derived: On dividends and equity shares and net income of subsidiaries.

On royalties, rentals of property, real or personal, profits from exchange and all other items treated as gross income under the Code. On net trading gains within the taxable year on foreign currency, debt securities, derivatives, and other similar financial instruments. Tax on Other Non-Banks Financial Intermediaries Not Performing Quasi-Banking Functions. On interest, commissions and discounts from lending activities as well as income from financial leasing, on the basis of the remaining maturities of instrument from which such receipts are derived: On all other items treated as gross income under the Code.

Business Tax on Agents of foreign insurance co. Tax on amusement places, such as cabaret, night or day clubs, videoke bars, karaoke bars, karaoke television, karaoke boxes, music lounges and other similar establishments. Tax on sale, barter or exchange of shares of stocks listed and traded through the Local Stock Exchange.

VAT Withholding on Purchase of Goods with waiver of privilege to claim input tax credit creditable. Vat Withholding on Purchase of Goods with waiver of privilege to claim input tax credit final. VAT Withholding on Purchase of Services with waiver of privilege to claim input tax credit creditable. VAT Withholding on Purchase of Services with waiver of privilege to claim input tax credit final.

Persons exempt from VAT under Section v creditable - Private Withholding Agent. Interest on foreign loans payable to non-resident foreign corporations NRFCs. Cash dividend payments by domestic corporation to citizens and resident aliens. Property dividend payments by domestic corporation to citizens and resident aliens. Cash dividend payment by domestic corporation to Non-Resident Foreign Corporations.

Property dividend payment by domestic corporation to Non-Resident Foreign Corporations. Cash dividend payment by domestic corporation to Non-Resident Foreign Corporations whose countries allow tax deemed paid credit subject to tax sparing rule.

Property dividend payment by domestic corporation to Non-Resident Foreign Corporations whose countries allowed tax deemed paid credit subject to tax sparing rule. Cash dividend payment by domestic corporation to non-resident alien engaged in trade or business NRAETB.

Property dividend payment by domestic corporation to non-resident alien engaged in trade or business NRAETB. Share of a NRAETB in the distributable net income after tax of a partnership except GPP of which he is a partner, or share in the net income after tax of an association, joint account, or a joint venture taxable as a corporation of which he is a member or a co-venturer.

On other payments to non-resident foreign corporations NRFCs. Distributive share of individual partners in a taxable partnerships, association, joint account, or joint venture or consortium. All kinds of royalty payments to citizens, resident aliens and non-resident aliens engaged in trade or business other than WI and WI All kinds of royalty payments to domestic and resident foreign corporation.

On prizes exceeding P10, and other winnings paid to individuals. On gross rentals, lease and charter fees derived by non-resident owner or lessor of foreign vessels. On the gross rentals, lease and charter fees derived by non-resident lessor of aircraft, machineries and other equipment. On payments to oil exploration service contractors and subcontractors OESS - Individual NRAETB.

On payments to oil exploration service contractors and subcontractors OESS - Corporate non-resident foreign corporation engage in trade or business.

Payments to NRANETB except on sale of shares in domestic corporation and real property. On payments to non-resident individual cinematographic film owners, lessors or distributors. On payments to foreign corporate cinematographic film owners, lessors or distributors.

Royalties paid to NRAETB on cinematographic films and similar works. Final tax on interest or other payments upon tax-free covenant bonds, mortgages, deeds of trust or other obligations under Sec. Royalties paid to citizens, resident aliens and NRAETB on books, other literary works and musical composition. Cash or property dividends paid by a Real Estate Investment Trust REIT to individuals. Cash or property dividends paid by a Real Estate Investment Trust REIT to corporations.

Payment of fringe benefits to Non-Resident Alien Not Engaged in Trade or Business NRAETB. Employees other than rank and file Fringe Benefit Tax based on the grossed up monetary value.

From Treasury Bills and Other Government Securities - Individual. From Treasury Bills and Other Government Securities - Corporate. From deposit substitutes, trusts funds and other similar arrangements - Individual. From deposit substitutes, trusts funds and other similar arrangements - Corporate.

Interest payments to taxpayers enjoying preferential tax rates i.

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On interest income from long-term deposit in the form of savings trust funds, deposit substitutes which was pre-terminated by the holder before the 5th year - individual Less than 3 years. On interest income from long-term deposit in the form of savings trust funds, deposit substitutes which was pre-terminated by the holder before the 5th year - individual 3 years to less than 4 years.

On interest income from long-term deposit in the form of savings trust funds, deposit substitutes which was pre-terminated by the holder before the 5th year - individual 4 years to less than 5 years.

On interest income from long-term deposit in the form of savings trust funds, deposit substitutes which was pre-terminated by the holder before the 5th year - corporate. All content is public domain unless otherwise stated. Republic of the Philippines Official Gazette Office of the President Official Directory Official Calendar.

Resources Project NOAH Official Calendar Official Directory. Executive Office of the President Office of the Vice President Department of Education Department of Interior and Local Government Department of Finance Department of Health Department of Science and Technology Department of Trade and Industry. Legislative Senate of the Philippines House of Representatives. Judiciary Supreme Court Court of Appeals Sandiganbayan Court of Tax Appeals Judicial Bar and Council.

List of Authorized Agent Banks. For BIR Employees Use Only Username Password Log in Forgot your username? Table for employees without qualified dependent.

Cinematographic film rentals - Individual. Cinematographic film rentals - Corporate.

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Payments made by credit card companies - Individual. Payments made by credit card companies - Corporate. Gross payments to embalmers by funeral parlors. Tolling fee paid to refineries - Individual.

Tolling fee paid to refineries - Corporate. FWVAT on payments for purchases of Goods. FWVAT on payments for purchases of Services.

Tax on carriers and keepers of garages. Franchise Tax on Gas and Water Utilities. Tax on professional basketball games. Persons exempt from VAT under Section v final. Informer's cash reward paid to individuals.

Informer's cash reward paid to juridical persons. On foreign currency deposits Resident - Individual. On foreign currency deposits Resident - Corporate. Money Claims Paid Tax Clearance Bank Bulletins Forfeited Properties Cannot Be Located Taxpayers Delinquent Taxpayers Lost Accountable Forms Proposed Revenue Issuances Security Alerts Bid Opportunities Vacant Positions BIR Employment Exam Passers Signed Appointments.

Tax Evasion Cases BIR Accreditations Top Taxpayers. Starting August 1,