So we have just filed our first BIR Form No. 1601EQ. It would be hard to miss that the new expanded withholding tax rates for individuals are already reflected in the new form pursuant to Revenue Regulations No 11-2018 (RR 11-2018) and Revenue Regulations 14-2018 (RR 14-2018). Here’s a comparison between the new tax rates… Read More
Revenue Regulations No. 11-2018 amended several tax regulations on withholding tax to implement further the provisions in Republic Act No. 10963 (TRAIN). Here are items highlighted in Navarro Amper & Co. DTTL Tax News April 2018.
So there’s new BIR Form 1601EQ as BIR previously announced in a tax advisory. Make sure to do things right the first time. Here’s a detailed guide.
New friends for your storage and filing cabinets, BIR Forms 1601EQ and 1601FQ.