Withholding Tax

SUBJECT:

Amending Pertinent Provisions of Revenue Regulations Nos. 1-98, 2-98, as Amended, and 7-95, as Amended, and Revenue Memorandum Circular No. 1-98 Relative to the Inclusion of Additional Taxpayers to be Subject to Final Withholding Tax, Revision of the Withholding Tax Rates on Certain Income Payments Subject to Creditable Withholding Tax, Time for the Filing of Various Tax Returns and Payment of the Taxes Due Thereon And Others

Date of Issuance: 31 July 2001

SUBJECT:

Amendment to the Pertinent Provisions of Revenue Regulations No. 1-98, as Amended, Revenue Regulations No. 2-98, as Amended, and Revenue Regulations No. 6-2001, Relative to the Revision of Withholding Tax Rates on Certain Income Payments Subject to Withholding Tax, the Deferment of the New Deadline Dates For Filing Selected Tax Returns, the Reporting Requirements for Recipients of Talent Fees, and for Other Purposes

Date of Issuance: 7 September 2001

SUBJECT:

Amending Section 2.58 and Further Amending Section 2.83 of Revenue Regulations No. 2-98 as Amended, Relative to the Submission of the Alphabetical Lists of Employees/Payees in Diskette Form and the Substituted Filing of Income Tax Returns of Payees/ Employees Receiving Purely Compensation Income from Only One Employer for One Taxable Year Whose Tax Due is Equal to Tax Withheld and Individual-Payees Whose Compensation Income is Subject to Final Withholding Tax

Annex B

Date of Issuance: 22 March 2002

(Published in Manila Bulletin on 28 March 2002)

SUBJECT:

Amending Further Pertinent Provisions of Revenue Regulations No. 2-98, as amended

Date of Issuance: 9 September 2002

(Published in Manila Bulletin on 14 September 2002)

SUBJECT:

Amending  Revenue Regulations No. 3-2002 and Further Amending Section 2.83 of Revenue Regulations No. 2-98 as Amended, Relative to Substituted Filing of Income Tax Return of Employees Receiving Purely Compensation Income from Only One Employer for One Taxable Year Whose Tax Due is Equal to Tax Withheld and Individual-Payees Whose Compensation Income is Subject to Final Withholding Tax

Date of Issuance: 11 October 2002

(Published in Phil. Daily Inquirer on 26 November 2002)

SUBJECT:

Amending Revenue Regulations No. 2-98, as amended, in order to simplify the collection of tax, through withholding tax at the source, on sales of goods or services subject to the 3% percentage tax under Section 116 of the Code, and/or to the value-added tax (VAT) under Sections 106 and 108 of the same Code.

Date of Issuance: 26 March 2003

(Published in Manila Bulletin on 4 April 2003)

SUBJECT:

Amending Further Pertinent Provisions of Revenue Regulations No. 2-98, as Amended, Providing for Additional Transactions Subject to Creditable Withholding Tax; Re-Establishing the Policy that the Capital Gains Tax on the Sale, Exchange or Other Disposition of Real Property Classified as Capital Assets Shall be Collected as a Final Withholding Tax, Thereby Further Amending Revenue Regulations Nos. 8-98 and 13-99, as Amended by Revenue Regulations No. 14-2000; and for Other Purposes

Date of Issuance: 31 March 2003

(Published in Manila Bulletin on 8 May 2003)

SUBJECT:

Amending Further Pertinent Provisions of Revenue Regulations No. 2-98, as Last Amended by Revenue Regulations No. 17-2003, and Revenue Regulations No. 8-98, as Amended, Providing for the Imposition of Final Withholding Tax on the Sale, Exchange or Other Disposition of Real Property Classified as Capital Assets by Non-resident Aliens, Increasing the Withholding Tax Rates on Certain Income Payments, Sanctions to be Imposed on Payees Who Refuse the Withholding of Tax on Their Income/Receipts, and for Other Purposes. 

Date of Issuance: 12 December 2003

(Published in Manila Bulletin on 16 December 2003)

SUBJECT:

Amending Further Sec. 2.57.2(S) of Revenue Regulations No. 2-98, as Last Amended By Revenue Regulations No. 30-2003, Exempting Marginal Income Earners From Creditable Withholding Tax on Payments Made By Hotels, Restaurants, Resorts, Caterers, Food Processors, Canneries, Supermarkets, Livestock, Poultry, Fish and Marine Product Dealers, Hardwares, Factories, Furniture Shops, and All Other Establishments

Date of Issuance: 14 January 2004

(Published in Manila Times on 22 January 2004) 

SUBJECT:

Suspending the implementation of withholding tax on income payments made to suppliers of agricultural products under Section 2.57.2(S) of Revenue Regulations 2-98, as amended by RR 17-2003, further amended RR 30-2003 and 1-2004

Date of Issuance: 1 March 2004

(Published in Manila Standard on 17 March 2004) 

SUBJECT:

Amending further pertinent provisions of Revenue Regulations No. 2-98, as last amended by Revenue Regulations 3-2004, as Amended, providing for the inclusion of Income Payments subject to Creditable Withholding Tax under Section 2.57.2(U) on Manila Electric Company (MERALCO) Refund arising from Supreme Court Case G.R. No. 14814 of April 9, 2003 to Customers under Phase IV as approved by Energy Regulatory Commissioner (ERC)

Annex A

Date of Issuance: 23 February 2005

(Published in Manila Bulletin on 19 May 2005) 

SUBJECT:

Amendments to Sections 2.78.1(B), Section 2.79(A) and (F), 2.83.1(C) and 2.83.5 of Revenue Regulations No. 2-98, as amended

Date of Issuance: 29 December 2005 

SUBJECT:

Mandatory Attachments of the Summary Alphalist of Withholding Agents of Income Payments Subjected to Tax Withheld at Source (SAWT) to Tax Returns With Claimed Tax Credits due to Creditable Tax Withheld At Source and of the Monthly Alphalist of Payees (MAP) Whose Income Received Have Been Subjected to Withholding Tax to the Withholding Tax Remittance Return Filed by the  Withholding Agent/Payor of Income Payments

Annex A

Annex B

Date of Issuance: 1 December 2005 

SUBJECT:

Amending The Venue For The Payment of Capital Gains Tax, Creditable Withholding Tax and Documentary Stamp Taxes Due on Onerous Transfers of Real Properties Owned By Taxpayers Classified As Large Taxpayers Pursuant To Revenue Regulations No. 1-98, As Amended, Thereby Amending For This Purpose Pertinent Provisions of Revenue Regulations No. 8-98

Date of Issuance: 19 February 2008

(Published in Philippine Star on 18 April 2008) 

SUBJECT:

Implementing Pertinent Provisions of Republic Act No. 9504, “An Act Amending Sections 22, 24, 34, 35, 51, and 79 of Republic Act No. 8424, as Amended, Otherwise Known as The National Internal Revenue Code” Relative to the Withholding of Income Tax on Compensation and Other Concerns

Date of Issuance: 8 July 2008

(Published in Philippine Star on 25 September 2008) 

SUBJECT:

Amending Further Section 2.57.2(M) of Revenue Regulations No. 8-98, as Amended, Increasing the Coverage of Withholding Tax Agents Required to Withhold 1% from Regular Suppliers of Goods and 2% from Regulation Suppliers of Services from the Top 10,000 Private Corporations to Top 20,000 Private Corporations

Date of Issuance: 26 November 2008

(Published in Manila Bulletin on 10 December 2008) 

SUBJECT:

Amending Further Secs. 2.57.2 and 2.58 of Revenue Regulations No. 2-98, As Amended, Subjecting To Creditable Withholding Tax the Interest Portion of the Refund of Meter Deposits By MERALCO and Other Distribution Utilities To Residential And Non-Residential Electricity Consumers/Customers 

Date of Issuance: 4 February 2009 

(Published in Philippine Star on 28 February 2009)

SUBJECT:

Reverting The Venue For the Filing of Returns and Payment of Capital Gains Tax, Creditable Withholding Tax and Documentary Stamp Tax Due on Sale, Transfer or Exchange of Real Property of Large Taxpayers To The Place Where the Property is Located

Date of Issuance: 16 March 2009 

(Published in Manila Bulletin on 16 May 2009)

SUBJECT:

Amending Further Pertinent Provisions of Revenue Regulations (RR) No. 2-98, as Amended, Providing for an Additional Criteria in the Determination of Top 20,000 Private Corporations, Including the Threshold on their Purchases of Agricultural Products, and Additional Transactions Subject to Creditable Withholding Tax on Income Payments Made by the Top Five Thousand (5,000) Individual Taxpayers Engaged in Trade/Business or Practice of Profession  

Date of Issuance: 3 June 2009 

(Published in Manila Bulletin on 15 July 2009)

SUBJECT:

Amending Further Secs. 2.57.2 and 2.57.3 of Revenue Regulations  No. 2-98, as amended, Subjecting to Creditable Withholding Tax the Income Payments Made by Political Parties and Candidates of Local and National Elections of All Their Campaign Expenditures and Income Payments Made by an Individual or Juridical Person Forming Part of Their Campaign Contributions to Candidates of Local and National Elections and to Political Parties

Date of Issuance: 22 October 2009 

(Published in Philippine Star on 27 October 2009)

SUBJECT:

Amending Further Secs. 2.57.2 and 2.58 of Revenue Regulations  No. 2-98, as amended, clarifying that sub-paragraph (W) as recently issued under Revenue Regulations No. 8-2009 should be sub-paragraph (X), and Other Concerns

(Published in Manila Bulletin on 31 December 2009)

SUBJECT:

Further Amendments to Revenue Regulations Nos. 2-98 and 3-98, as Last Amended by Revenue Regulations No. 5-2008, with Respect to “De Minimis Benefits”

Date of Issuance: 16 March 2011

(Published in Manila Bulletin on 18 March 2011)

SUBJECT:

Further Amendments to Revenue Regulations Nos. 2-98 and 3-98, as Last Amended by Revenue Regulations No. 5-2008, with Respect to “De Minimis Benefits”

Date of Issuance: 11 May 2012

(Published in Manila Bulletin on 14 May 2012)

SUBJECT:

Amending Further Pertinent Provisions of Revenue Regulations (RR) No. 2-98, as Last Amended by Revenue Regulations No. 30-2003, Providing for the Inclusion of Real Estate Service Practitioners (i.e. Real Estate consultant, Appraiser and Broker) Who Passed the Licensure Examination given by the Real Estate Service under the Professional Regulations Commission as defined in Republic Act No. 9646, “The Real Estate Service Act of the Philippines” as Among Those Professionals Falling Under Section 2.57.2(A)(1) of RR 2-98, as Amended, and RR 14-2002 as Regards Income Payments to Certain Brokers and Agents

Date of Issuance: 2 May 2013

(Published in Manila Bulletin on 8 June 2013)

SUBJECT:

Filing/Submission of Hard Copy of the Certificate of Compensation Payment/Tax Withheld (BIR Form 2316) Covering Employees Who are Qualified for Substituted Filing, thereby Amending Revenue Regulations (RR) No. 2-98, as last amended by RR No. 010-08. 

Date of Issuance: 20 May 2013

(Published in Manila Bulletin on 8 June 2013)

SUBJECT:

Amending Section 2.58.5 or Revenue Regulations No. 2-98, as amended, Relative to the Requirements for Deductibility of Certain Income Payments 

Date of Issuance: 12 July 2013

(Published in Manila Bulletin on 13 July 2013)

SUBJECT:

Amending Pertinent Provisions of Revenue Regulations No. 02-98, as Last Amended by Revenue Regulations No. 30-2003 and Revenue Regulations No. 17-2003

Date of Issuance: 20 September 2013

(Published in Manila Bulletin on 24 September 2013)

SUBJECT:

Amending the Provisions of Revenue Regulations (RR) No. 2-98, as Further Amended by RR No. 10-2008, Specifically on the Submission of Alphabetical List of Employees/Payees of Income Payments

Date of Issuance: 17 December 2013 

(Published in Manila Bulletin on 13 January 2014)

SUBJECT:

Amending Further the Provisions of Section 2.57.2 of Revenue Regulations No. 2-98, as Amended, Particularly Subsection (M), (S), and (W), Creating a Separate Sub-Section for the Withholding of Creditable Income Tax on Real Estate  Investment Trust (REIT) and Reclassifying the Treatment of Locally Produced Raw Sugar as a Separate Subsection for Purposes of the Creditable Withholding Tax

Date of Issuance: 5 December 2014 

(Published in Manila Bulletin on 23 December 2014)

SUBJECT:

Further Amendments to Revenue Regulations Nos. 2-98 and 3-98, as Last Amended by Revenue Regulations Nos. 5-2008, 5-2011 and 8-2012, with Respect to “De Minimis Benefits”

Date of Issuance: 5 January 2015 

(Published in Manila Bulletin on 6 January 2015) 

SUBJECT:

Amending the Pertinent Provisions of Revenue Regulations No. 2-2006 and No. 11-2013 With Respect to the Submission of Copies of BIR Form Nos. 2307 and 2316

Date of Issuance: 17 December 2014 

(Published in Manila Bulletin on 6 March 2015) 

SUBJECT:

Implementing the Provisions of Republic Act No. 10653, More Particularly on the Increase of the Total Amount of Exclusion to P82,000.00 for the 13th Month Pay and Other Benefits from Gross Income Effectively Further Amending the Pertinent Provisions of Revenue Regulations No. 2-98

Date of Issuance: 3 March 2015 

(Published in Manila Bulletin on 16 March 2015) 

SUBJECT:

Amending Further the Provision of Section 2.57.2 of Revenue Regulations No. 2-98, as amended, particularly Subsection (AA) as introduced by Revenue Regulations No. 11-2014, Relative to the Income Payments on Locally Produced Raw Sugar and Other Matters

Date of Issuance: 31 March 2015 

(Published in Manila Bulletin on 1 April  2015) 

SUBJECT:

Amending Further the Provisions of Section 2.57.2 of Revenue Regulations (RR) No. 2-98, as Amended RR No. 7-2015

Date of Issuance: 12 October 2015 

(Published in Manila Bulletin on 30 October 2015) 

SUBJECT:

Amending Certain Provisions Revenue Regulations No. 2-98, as Amended, to Implement Further Amendments Introduced by Republic Act No. 10963, Otherwise Known as the “Tax Reform for Acceleration and Inclusion (TRAIN)” Law, Relative to Withholding of Income Tax

Date of Issuance: 31 January 2018 

(Published in Manila Bulletin on 19 March 2018) 

SUBJECT:

Amending the Provisions Revenue Regulations No. 11-18, Particularly Sections 2 and 14

Date of Issuance: 28 March 2018 

(Published in Manila Bulletin on 7 April 2018)