Get PH BIR 2000-OT 2018-2023

To compute the DST, divide the loan amount by P200. 00, then round off the amount to next higher number if there are decimals. As a shortcut, multiply the loan amount by . 005 and round off the amount to next higher number if there are decimals.

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Documentary stamp tax (DST) in the Philippines is generally, a tax imposed on the exercise of certain rights to enter into specific transactions, acts, and deeds relative to business or dealings or properties as manifested by related documents and papers.

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 1701, also known as Annual Income Tax Return for Self-Employed Individuals, Estates and Trusts is a tax form which summarizes all the transactions made over the tax calendar year.

The BIR Form 1700 is the form you file as an employee earning PURELY from your employment.

Part I - Background Information on Taxpayer. PreWork: ... Part II - Background Information on Spouse. Fill out this part if you are married. Part VI - Schedule. Yes, accomplish Part Six first and you'll find out in a moment why. ... Part V - Computation of Taxes. ... Part III - Total Tax Payable. ... Part VI - Details of Payment.

To compute DST, multiply the monthly rent by 12 months and then by the number of years stated in the contract. Subtract P2,000.00 and multiply the amount by . 001, then add P3. 00.

DST on loan agreements is computed as P1. 00 for every P200. Thus, if the company obtained a loan in the amount of P1,000,000, the DST on the loan agreement is P5,000 (1,000,000 divided by 200).

Fill-up applicable fields in the BIR Form No. 1700. Pay electronically by clicking the "Proceed to Payment" button and fill-up the required fields in the "eFPS Payment Form" click "Submit" button. Receive payment confirmation from eFPS-AABs for successful e-filing and e-payment.