BIR Form No. 1700 Philippines

New 2013 Income Tax Returns – ITR Philippines

By: Tax and Accounting Center Philippines Few months prior to the last day of filing calendar year annual income tax return for taxable year 2013, the Bureau of Internal Revenue (BIR) issued Revenue Regulations No. 2-2014 dated 24 January 2014 entitled “New Income Tax Forms”. New Annual Income Tax Returns Philippines Starting the taxable year

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Supplementary Information on Individual Tax Returns in Philippines

By: Tax and Accounting Center Philippines Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular No. 21-2013 dated 28 February 2013 (RMC No. 21-2013) entitled “Amending Revenue Memorandum Circular No. 57-2011″ regarding the completion of the supplemental information for 2012 individual income tax returns due for filing not later than 15 April 2013. Under the

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Creditable Withholding Tax Certificate in the Philippines

By: Tax and Accounting Center Philippines Under Section 2.58(B) of Revenue Regulations No. 2-1998, as amended (RR 2-98), every payor required to deduct and withhold taxes under the regulations shall furnish each payee with a withholding tax statement using BIR Form No. 2307 showing the income payments made and the amount of taxes withheld therefrom,

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