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For BIR Use Only BCS/ Item 1702-RT06/13P1 Republika ng Pilipinas Kagawaran ng Pananalapi Kawanihan ng Rentas Internas Annual Income Tax Return 1702-RT For Corporation, Partnership and Other Non-Individual.

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16:45 18:03 Suggested clip How to Fill-up BIR Form 1601-C - YouTubeYouTubeStart of suggested clipEnd of suggested clip How to Fill-up BIR Form 1601-C - YouTube

1601-C Monthly Remittance Return of Income Taxes Withheld on Compensation. Guidelines and Instructions. Who Shall File. This return shall be filed in triplicate by every withholding agent (WA)/payor who is either an individual or non-individual, required to deduct and withhold taxes on compensation paid to employees.

Minimum Corporate Income Tax (MCIT) It is imposed from the beginning of the fourth taxable year immediately following the commencement of the business operations of the corporation.

In the case of a change in the annual accounting period of a taxpayer, a separate return must be filed for the short period of less than 12 months beginning with the day following the close of the old taxable year and ending with the day preceding the first day of the new taxable year.

Tax returns need not be filed by the following categories of individual: those earning purely compensation income whose taxable income does not exceed two hundred fifty thousand pesos (250,000.00 Philippine peso (PHP))

BIR form 1702-RT, or also known as Annual Income Tax Return for Corporation, Partnership and Other Non-Individual Taxpayer Subject Only to REGULAR Income Tax Rate is a tax form which is filed by non-individual taxpayers whose earnings are subject to income tax rate of 30%.

Minimum wage earners are exempted from income tax and consequently from withholding tax. Those whose annual income does not exceed P250,000 are also not subject to withholding tax. But even then, employers still must file a BIR Form No. 1601-C to report to the Bureau of Internal Revenue that they have employees.

1702-MX to be used by non-individuals with mixed income subject to multiple income tax rates, or with income subject to special or preferential rate in filing the annual income tax return and paying the income tax due on or before 15 April 2019.

0:24 52:33 Suggested clip Guide in filing BIR Form 1702-MX - YouTubeYouTubeStart of suggested clipEnd of suggested clip Guide in filing BIR Form 1702-MX - YouTube

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232