Those given to persons, except an internal revenue official or employee, or other public official or employee or his relative within the sixth degree of consanguinity, who voluntarily gives definite and sworn information not yet in the possession of the bir, leading to the discovery of frauds upon the. Amending further pertinent provisions of revenue regulations no. This regulation shall apply to installment payments or loans with interest rate lower than twelve per cent 12%. Rr 298, as amended, every employer is required to furnish its employees including minimum wage earners bir form 2316 on or before january 31 of the succeeding calendar year, or if employment is terminated before the close of such calendar year, on the day on which last payment of compensation is made. Bureau of internal revenue m a n i l a march 25, 1968 revenue regulations no. Published in manila bulletin on august 1, 2018 digest full text. Amended, to implement further amendments introduced by. Any amount collected for and paid to medical practitioners which include doctors of medicine, doctors of veterinary science and dentists by hospitals and clinics or paid directly to the medical practitioners by health maintenance organizations hmos andor similar establishments shall be subject to creditable withholding tax of 15%, if the income payments to the medical practitioner for the. Amends further pertinent provisions of revenue regulations rr no. Implements section 33 of the national internal revenue code nirc, as amended by ra no. A large taxpayer is a taxpayer who has been classified as such by the bir having satisfied any or a combination of the following criteria.
The bureau of internal revenue bir recently issued revenue memorandum circular no. All internal revenue officers and others concerned pursuant to the provisions of section 244 of the national internal revenue code and the provisions of republic act no. Prescribes the electronic filing of tax returns and payment of taxes. On december 17, the department of finance dof and bureau of internal revenue bir issued revenue regulation no. Finally, settled is the rule that the tax assessments by tax examiners are presumed correct and made in good faith cagayan robina sugar milling co. It will be applied on all income paid beginning january 1, 1998. Ltsrr rdo having jurisdiction over such hospital or clinic about any. Revenue regulation 112018 has designated the following. Pursuant to the provisions of section 244, in relation to section 245, of the national internal revenue code nirc of 1997, as amended, these regulations are hereby promulgated to amend the specific provisions of section 2. The first filing of tenants profile will cover tenants as of july 31, 2011. Final regulations regarding the application of the modified carryover basis rules of section 1022 of the internal revenue code. The employer agency could do the same in behalf of the professional, if the service of the professional is exclusive to such government. Anent the second issue, the applicable provision of administrative order no. Withholding tax rr 298 bir tax information, business.
Bir tax information, business solutions and professional. The bir drafted a revenue regulation entitled amending pertinent provisions of revenue regulations no. The bureau of internal revenue has issued revenue regulation no. These regulations will govern the collection of taxes at source. The internal revenue bulletin is the authoritative instrument of the commissioner of internal revenue for announcing official rulings and procedures of the internal revenue service and for publishing treasury decisions, executive orders, tax conventions, legislation, court decisions, and other items of general interest. Amends the coverage of the electronic filing and payment system efps by making it mandatory for large taxpayers and optional for certain identified nonlarge taxpayers to avail of the efps in the filing of their tax returns and the payment of taxes due thereon. Specifically, the final regulations modify provisions of the treasury regulations involving basis rules by including a reference to section 1022 where appropriate.
These regulations govern the venue and date of filing of the tax returns of taxpayers classified as large taxpayers. The hiring of new personnel whether on a permanent, temporary, substitute, co. Republic of the philippines department of finance bureau of internal revenue september 3, 2001 revenue regulations no. Further amendments to revenue regulations nos 298 and 398, as last amended by revenue regulations nos. Private retirement benefit plan regulations to all internal revenue officers and others concerned. Republic of the philippines department of finance bureau of internal revenue quezon city march 16, 2011 revenue regulations no. Rr 102008 amends the pertinent portions of rr 298, the latter being the consolidated regulation for all withholding taxes. This is to certify that the employees listed below are qualified for substituted filing of their income tax return pursuant to the provisions of section 2. The inclusion of this additional item was described as a. Withholding tax of government on job order personnel under. Withholding tax in ph are you aware of your obligations. All owners sublessorsare required to comply with these regulations by submitting the ff. Revenue regulation 298 remains effective and should be complied with in the matter of taxability of the monetized leave credits.
Pursuant to section 79 b of the revised administrative code, the following regulations are hereby promulgated prescribing the terms and. The alphalist data entry and validation module must first be downloaded from the bir. In accordance with section 244 of the national internal revenue code nirc and the provisions of ra no. Amending certain provisions of revenue regulations rr no. Amending the provisions of revenue regulations rr no. Amending pertinent provisions of revenue regulations nos. Bir tax information, business solutions and professional system for cpa, professional, entrepreneur, employee, student. Bir amends the rules on submission of alphalist by rey mata 110 comments under revenue regulations 12014 rr 12014, all employers are now required to submit a digital copy of the alphabetical list of their employees and payees. In the meantime the bureau of internal revenue bir now requires the use of their ebirforms, for more information about the birs new memorandum read our article. Bureau of internal revenue bir revenue regulations no. It is the taxpayer and not the bureau of internal revenue who has the duty. Amending certain provisions of revenue regulations no. Rr 298 withholding tax taxes free 30day trial scribd.
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