TAX ADVISORY: Circularizing the List of Withholding Agents Required to Deduct and Remit 1% or 2% Creditable Withholding Tax

The Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) No. 27-2022 regarding circularizing list of withholding agents required to deduct and remit.

The Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) No. 27-2022, which circularizes the list of withholding agents required to deduct and remit 1% or 2% Creditable Withholding Tax from their income payments to their suppliers of goods and services, respectively, which will commence effective April 1, 2022.

Please visit the BIR official website for the official list or you may check the link below.

https://www.bir.gov.ph/index.php/top-taxpayers/top-withholding-agents/additional-list-of-top-withholding-agents-published-on-march-16,-2022.html