February 17, 2023 19 Comments It’s that time of year again where we start thinking about our annual income tax return. As a taxpayer in the Philippines, it’s important to know the different forms you may need to file to and to make sure you file your returns accurately and on time....
In return, the businesses, also known as the tax withholding agents, will have to provide BIR Form 2307 (or Form 2306) as evidence that the supplier paid up. The businesses can deduct the tax amount withheld from their income tax for the taxable period. What are the different types of wi...