BIR TIGHTENS WITHHOLDING TAX RULE ON AGRICULTURE PURCHASESSamonte, Angelo S
You may issue a certified true copy of the final BIR Form 2316 every time your employee would require one. You should not issue BIR Form 2316 to any active employee during the year unless the annualization is done. If an employee requests for proof of income or financial capacity, you may...
BIR Ruling Excluding Long-Term IOUs from 20% Withholding Tax LaudedThe Money Market Association of the Philippines (MART) welcomed the new ruling of the Bureau of...Sionil, Fil C
The Manila Electric Company (Meralco) is still awaiting implementing guidelines from the Bureau of Internal Revenue (BIR) on mandate for it to withhold a 25 percent creditable income tax on refunds to its commercial and industrial customers; and 32 percent for those which are already terminated ...