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Bureau of Internal Revenue

 

The Bureau of Internal Revenue (BIR) issued the following:

Revenue Memorandum Circular (RMC) No. 88 - 2018, 16 October 2018, to circularize the availability of the revised BIR Form No. 2000 (Monthly Documentary Stamp Tax Declaration/Return) January 2018.

The revised return is already availale under the BIR Forms-Documentary Stamp Return section of the BIR website (www.bir.gov.ph). However, it is not yet availbale in the Electronic Filing and Payment System (eFPS) and Electronic Bureau of Internal Revenue Forms (eBIRForms).

Thus, eFPS/eBIRForms filers shall continue to use the existing BIR Form No. 2000 in eFPS and in Offline eBIRForms Package v7.1 filing the Monthly Documentary Stamp Tax Declaration/Return.

Manual filers shall download the PDF version of the form, print and fill our the applicable fields. Payment of the tax due thereon for manual eBIRForms filers, if any, shall be made thru manual or online payment. 

 

RMC No 86 - 2018, 26 September 2018, to circularize the lists of Withholding Agents reuired to deduct and remit the 1% or 2% Creditable Withholding Tax (CWT) for the purchase of goods and services under Revenue Regulations (RR) No. 11-2018.

Pursuant to RR 11-2018, as implemented by Revenue Memorandum Order No. 26-2018, the list of withholding agents is further classified into (1) list of existing withholding agens; (2) list of additional withholding agents; (3) list of withholding agents for deletion from existing list. The lists are posted and provided with search facility at www.bir.gov.ph.

The obligation to deduct and remit shall continue, commence or cease, as the case may be, effective 1 November 2018. All lists of withholding agents issued pursuant to RR No. 11-2018 that may have been previously published in any newspaper or any other form of publication are repealed and superseded. Moreover, should any taxpayer be not found in any of the published lists, the taxpayer is deemed excluded and therefore not required to deduct and remit the 1% or 2% CWT under RR No. 11-2018.

 

Attached are the full text of the issuances.

Revenue Memorandum Circular No. 86-2018

Revenue Memorandum Circular No. 88-2018

 

 

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