BIR Tax

• Income Tax


  A tax on a person's income, emoluments, profits arising from property, practice of profession, conduct of trade or business or on the pertinent items of gross income specified in the Tax Code of 1997 (Tax Code), as amended, less the deductions if any, authorized for such types of income, by the Tax Code, as amended, or other special laws

  
• Who are required to File Income Tax Returns

  • Individuals
  • Non-Individuals

  
• Individuals required to file Income Tax Returns

  • Resident citizens receiving income from sources within or outside the Philippines
  • Non-resident citizens receiving income from sources within the Philippines
  • Aliens, whether resident or not, receiving income from sources within the Philippines

  
• Individuals earning purely compensation income required to file Income Tax Returns

  • Employees deriving purely compensation income from two or more employers, concurrently or successively at any time during the taxable year
  • Employees deriving purely compensation income regardless of the amount, whether from a single or several employers during the calendar year, the income tax of which has not been withheld correctly (i.e. tax due is not equal to the tax withheld) resulting to collectible or refundable return
  • Self-employed individuals receiving income from the conduct of trade or business and/or practice of profession
  • Individuals deriving mixed income, i.e., compensation income and income from the conduct of trade or business and/or practice of profession
  • Individuals deriving other non-business, non-professional related income in addition to compensation income not otherwise subject to a final tax
  • Individuals receiving purely compensation income from a single employer, although the income of which has been correctly withheld, but whose spouse is not entitled to substituted filing

  
• Non-Individuals required to file Income Tax Returns

  • Corporations including partnerships, no matter how created or organized
  • Domestic corporations receiving income from sources within and outside the Philippines
  • Foreign corporations receiving income from sources within the Philippines
  • Estates and trusts engaged in trade or business

  
• BIR Form 1700


  Annual Income Tax For Individuals Earning Purely Compensation Income (Including Non-Business/Non-Profession Related Income)

  
• Documentary Requirements for BIR Form 1700


  • Certificate of Income Tax Withheld on Compensation (BIR Form 2316)
  • Duly approved Tax Debit Memo, if applicable
  • Proofs of Foreign Tax Credits, if applicable
  • Income Tax Return previously filed and proof of payment, if filing an amended return for the same taxable year

  
• Procedures for eFPS Filer of BIR Form 1700


  1. Fill-up applicable fields in the BIR Form No. 1700

  2. Pay electronically by clicking the "Proceed to Payment" button and fill-up the required fields in the "eFPS Payment Form" click "Submit" button

  3. Receive payment confirmation from eFPS-AABs for successful e-filing and e-payment
• Procedures for Non-eFPS Filer of BIR Form 1700


  1. Fill-up applicable fields in the BIR Form No. 1700 in the downloaded Electronic Bureau of Internal Revenue Form (eBIRForm) Package

  2. Print the duly accomplished BIR Form No. 1700

  3. Proceed to the nearest Authorized Agent Bank (AAB) under the jurisdiction of the Revenue District Office where you are registered and present the duly accomplished BIR Form 1700, together with the required attachments and your payment

  4. In places where there are no AABs, proceed to the Revenue Collection Officer or duly Authorized City or Municipal Treasurer located within the Revenue District Office where you are registered and present the duly accomplished BIR Form 1700, together with the required attachments and your payment

  5. Receive your copy of the duly stamped and validated form from the teller of the AABs/Revenue Collection Officer/duly Authorized City or Municipal Treasurer
• Procedures for Manual Filer of BIR Form 1700


  1. Fill-up the BIR Form No. 1700 in triplicate copies

  2. Proceed to the Revenue District Office where you are registered or to any Tax Filing Center established by the BIR and present the duly accomplished BIR Form 1700, together with the required attachments

  3. Receive your copy of the duly stamped and validated form from the RDO/Tax Filing Center representative
• Deadline for BIR Form 1700: On or before the 15th day of April of each year covering taxable income for calendar year 2018 and thereafter
• BIR Form 1701


  Annual Income Tax Return Individuals, Estates and Trusts
• Documentary Requirements for BIR Form 1701


  • Certificate of Income Tax Withheld on Compensation (BIR Form 2316), if applicable
  • Certificate of Income Payments Not Subjected to Withholding Tax (BIR Form 2304), if applicable
  • Certificate of Creditable Tax Withheld at Source (BIR Form 2307), if applicable
  • Duly approved Tax Debit Memo, if applicable
  • Proof of Foreign Tax Credits, if applicable
  • Income Tax Return previously filed and proof of payment, if filing an amended return for the same year
  • Account Information Form (AIF) or the Certificate of the independent Certified Public Accountant (CPA) with Audited Financial Statements if the gross annual sales, earnings, receipts or output exceed three million pesos (P3,000,000.00)
  • Account Information Form or Financial Statements not necessarily audited by an independent CPA if the gross annual sales, earnings, receipts or output do not exceed P3,000,000.00 and is subject to graduated income tax rates under Section 24(A)(2)(a)
  • Proof of prior year's excess tax credits, if applicable

  
• Deadline for BIR Form 1701: Final Adjustment Return or Annual Income Tax Return - On or before the 15th day of April of each year covering income for calendar year 2018 and thereafter
• BIR Form 1701 AIF


  Account Information Form for Self-Employed Individuals, Estates and Trusts (Including those with Mixed Income, i.e., Compensation Income and Income from Business and/or Practice of Profession) and Estates and Trusts (Engaged in Trade or Business)
• Pursuant to Sec. 71 of RA 10963, otherwise known as Tax Reform Acceleration and Inclusion Act, amending Sec. 232 of the Tax Code, as amended, in relation to Revenue Memorandum Circular No. 6 – 2001, corporations, companies or persons whose gross annual sales, earnings, receipts or output exceed P3,000,000 may not accomplish this form. In lieu thereof, they may file their annual income tax returns accompanied by balance sheets, profit and loss statement, schedules listing income-producing properties and the corresponding income therefrom, and other relevant statements duly certified by an independent CPA.

  
• Procedures for BIR Form 1701 AIF

  1. Accomplish BIR Form 1701 AIF in triplicate

  2. Attach the same to BIR Form 1701
• Deadline for BIR Form 1701 AIF: Same deadline as BIR Form 1701 - On or before the 15th day of April of each year covering taxable income for calendar year 2018 and thereafter
• BIR Form 1701Q


  Quarterly Income Tax Return For Individuals, Estates and Trusts

  
• Documentary Requirements for BIR Form 1701Q


  • Certificate of Creditable Tax Withheld at Source (BIR Form 2307), if applicable
  • Duly approved Tax Debit Memo, if applicable
  • Proof of other payment/s made, if applicable
  • Summary Alphalist of Withholding Agents of Income Payments Subjected to Withholding Tax at Source (SAWT), if applicable

  
• Procedures for eFPS Filer of BIR Form 1701Q


  1. Fill-up applicable fields in the BIR Form No. 1701Q

  2. Pay electronically by clicking the "Proceed to Payment" button and fill-up the required fields in the "eFPS Payment Form" then click "Submit" button

  3. Receive payment confirmation from eFPS-AABs for successful e-filing and e-payment
• Procedures for Non-eFPS Filer of BIR Form 1701Q


  1. Fill-up applicable fields in the BIR Form No. 1701Q in the downloaded Electronic Bureau of Internal Revenue Form (eBIRForm) Package

  2. Print the duly accomplished BIR Form No. 1701Q

  3. Proceed to the nearest Authorized Agent Bank (AAB) under the jurisdiction of the Revenue District Office where you are registered and present the duly accomplished BIR Form 1701Q, together with the required attachments and your payment

  4. In places where there are no AABs, proceed to the Revenue Collection Officer or duly Authorized City or Municipal Treasurer located within the Revenue District Office where you are registered and present the duly accomplished BIR Form 1701Q, together with the required attachments and your payment

  5. Receive your copy of the duly stamped and validated tax return and BIR prescribed deposit slip from the teller of the AABs or Electronic Revenue Official Receipt (eROR) from the Revenue Collection Officer/duly Authorized City or Municipal Treasurer
• Procedures for Manual Filer of BIR Form 1701Q


  1. Fill-up the BIR Form No. 1701Q in triplicate copies (Compensation Income need not be reported in the Quarterly Income Tax Return and is to be declared only on the Annual Income Tax Return)

  2. Proceed to the Revenue District Office where you are registered or to any Tax Filing Center established by the BIR and present the duly accomplished BIR Form 1701Q, together with the required attachments

  3. Receive your copy of the duly stamped and validated form from the RDO
• Deadlines for BIR Form 1701Q: May 15 of the current taxable year– for the first quarter, August 15 of the current taxable year – for the second quarter, November 15 of the current taxable year – for the third quarter
• BIR Form 1702


  Annual Income Tax Return (For Corporations and Partnerships)

  
• Documentary Requirements for BIR Form 1702


  • Certificate of Income Payments Not Subjected to Withholding Tax (BIR Form 2304), if applicable
  • Certificate of Creditable Tax Withheld at Source (BIR Form 2307), if applicable
  • Duly approved Tax Debit Memo, if applicable
  • Proof of Foreign Tax Credits, if applicable
  • Income tax return previously filed and proof of payment, if amended return is filed for the same taxable year
  • Account Information Form (AIF) or the Certificate of the independent CPA with Audited Financial Statements, if the gross annual sales, earnings, receipts or output exceed P3,000,000
  • Proof of prior year's excess tax credits, if applicable

  
• Procedures for eFPS Filer of BIR Form 1702


  1. Fill-up applicable fields in the BIR Form No. 1702

  2. Pay electronically by clicking the "Proceed to Payment" button and fill-up the required fields in the "eFPS Payment Form" then click "Submit" button
• 15 of the current taxable year – for the third quarter
• Annual Income Tax For Corporations And Partnerships

  
• BIR Form 1702 - Annual Income Tax Return (For Corporations and Partnerships)

  
• Documentary Requirements

  • Certificate of Income Payments Not Subjected to Withholding Tax (BIR Form 2304), if applicable
  • Certificate of Creditable Tax Withheld at Source (BIR Form 2307), if applicable
  • Duly approved Tax Debit Memo, if applicable
  • Proof of Foreign Tax Credits, if applicable
  • Income tax return previously filed and proof of payment, if amended return is filed for the same taxable year
  • Account Information Form (AIF) or the Certificate of the independent CPA with Audited Financial Statements, if the gross annual sales, earnings, receipts or output exceed P3,000,000
  • Proof of prior year's excess tax credits, if applicable

  
• Procedures for eFPS Filer

  1. Fill-up applicable fields in the BIR Form No. 1702

  2. Pay electronically by clicking the "Proceed to Payment" button and fill-up the required fields in the "eFPS Payment Form" then click "Submit" button

  3. Receive payment confirmation from eFPS-AABs for successful e-filing and e-payment
• Procedures for Non-eFPS Filer

  1. Fill-up fields in the BIR Form No. 1702 in the downloaded Electronic Bureau of Internal Revenue Form (eBIRForm) Package

  2. Print the duly accomplished BIR Form No. 1702

  3. Proceed to the nearest Authorized Agent Bank (AAB) under the jurisdiction of the Revenue District Office where you are registered and present the duly accomplished BIR Form 1702, together with the required attachments and your payment

  4. In places where there are no AABs, proceed to the Revenue Collection Officer or duly Authorized City or Municipal Treasurer located within the Revenue District Office where you are registered and present the duly accomplished BIR Form 1702, together with the required attachments and your payment

  5. Receive your copy of the duly stamped and validated form from the teller of the AABs/Revenue Collection Officer/duly Authorized City or Municipal Treasurer
• Procedures for Manual Filer

  1. Fill-up the BIR Form No. 1702 in triplicate copies

  2. Proceed to the Revenue District Office where you are registered or to any Tax Filing Center established by the BIR and present the duly accomplished BIR Form 1702, together with the required attachments

  3. Receive your copy of the duly stamped and validated form from the RDO/Tax Filing Center representative
• Deadline: Final Adjustment Return or Annual Income Tax Return - On or before the 15th day of the fourth month following the close of the taxpayer's taxable year
• BIR Form 1702 AIF - Account Information Form (For Corporations and Partnerships)
• Pursuant to Sec. 71 of RA 10963, otherwise known as Tax Reform Acceleration and Inclusion Act, amending Sec. 232 of the Tax Code, as amended, in relation toRevenue Memorandum Circular No. 6 – 2001, corporations, companies or persons whose gross annual sales, earnings, receipts or output exceed P3,000,000 may not accomplish this form. In lieu thereof, they may file their annual income tax returns accompanied by balance sheets, profit and loss statement, schedules listing income-producing properties and the corresponding income therefrom, and other relevant statements duly certified by an independent CPA.

  
• Documentary Requirements: None
• Procedures for BIR Form 1702 AIF


  1. Accomplish BIR Form 1702 AIF in triplicate

  2. Attach the same to BIR Form 1702
• Deadline: Same deadline as BIR Form 1702 - On or before the 15th day of the fourth month following the close of the taxpayer's taxable year