ANNEX B

Filing and Payment of Taxes

A.

Income Tax
e-FILING

DEADLINE
e-PAYMENT

(to be filed through the

EFPS facility of the
BIR)

(to be paid through the

EFPS facility of the
BIR)

1. Quarterly Income Tax

Returns (BIR Form
1702Q)

Within 60 days after the

end of each of the first
three quarters of the
taxable year

Within 60 days after the

end of each of the first
three quarters of the
taxable year

Within 60 days after the

end of each of the first
three quarters of the
taxable year

2. Annual Income Tax

Returns (BIR Form
1702)

On or before the 15th

day of the 4th month
following the close of the
taxable year (April 15)

On or before the 15th

day of the 4th month
following the close of the
taxable year (April 15)

On or before the 15th

day of the 4th month
following the close of the
taxable year (April 15)

3. Capital Gains Tax

Return for Onerous
Transfer of Real
Property Classified
as Capital Asset
(both Taxable and
Exempt) (BIR Form
1706)
4. Capital Gains Tax
Return for Onerous
Transfer of Shares of
Stock Not Traded
Through the Local
Stock Exchange (BIR
Form 1707)
5. Annual Capital Gains
Tax Return for
Onerous Transfer of
Shares of Stock Not
Traded Through the
Local Stock
Exchange (BIR Form
1707-A)

Within 30 days following each sale, exchange or disposition of lands and/or

buildings classified as capital assets made to the AAB located within the
RDO having jurisdiction over the place where the property being
transferred is located1

BIR Forms

Manual filing and

payment
(to be filed and paid in
RDO having
jurisdiction over the
taxpayers principal
place of business)

Filed within thirty (30) days after each cash sale, barter, exchange or other
disposition of shares of stock not traded through the local stock exchange.

On or before the 15th day of the 4th month following the close of the taxable
year covering all transactions of the preceding taxable year

This is an exception to the general rule wherein payments will be made to the AAB within the RDO
having jurisdiction over the taxpayer.

ANNEX B

B.

Value Added Tax (VAT)

DEADLINE
e-FILING

BIR Forms

Manual filing and

payment

(to be filed through

the EFPS facility of
the BIR)

e-PAYMENT
(to be paid through the
EFPS facility of the BIR)

(to be filed and paid

in RDO having
jurisdiction over the
taxpayers principal
place of business

1. Monthly VAT
Declaration Return
(BIR Form 2550M)

Within the dates

specified under the
staggered filing system
depending on the
business industry
classification

Within twenty-five (25)

days after the end of
each month.

Within twenty (20)

days after the end of
each month.

2. Quarterly VAT Return

(BIR Form 2550Q)

Within twenty-five (25)

days following the
close of the calendar
quarter.

Within twenty-five (25)

days following the close
of the calendar quarter.

Within twenty-five (25)

days following the
close of the calendar
quarter.

3. Withholding VAT
Return (BIR Form
1600)

Within ten (10) days

after the end of each
month

Within ten (10) days after

the end of each month

Within ten (10) days

after the end of each
month

4. Summary List of
Sales, Purchases
and Importation

Within thirty (30) days

following the close of
the calendar or fiscal
quarter (through esubmission).

N/A

5. Annual Registration
(BIR Form 0605, for
computerized RDO
and BIR Form 1558
for non-computerized
RDO).

Within twenty-five (25)

days following the
close of the calendar
or fiscal quarter.

st

st

On or before the 31 day

of January of each year.

On or before the 31
day of January of
each year.

On or before the 31st

day of January of each
year.

ANNEX B

C.

Expanded Withholding Tax (EWT)

DEADLINE

BIR Forms

e-PAYMENT

e-FILING
(to be filed through the
EFPS facility of the BIR)

1. Monthly Return of Taxes

Withheld (BIR Form
1601-E)

2. Annual Information
Return of Taxes
Withheld (BIR Form
1604-E)
Attach Alphabetical List
of Income Payments
subjected to EWT, the
Company has to submit
3.5 diskette in the format
prescribed by the BIR.

(to be paid through

the EFPS facility of
the BIR)

Manual filing and

payment
(to be filed and paid
in RDO having
jurisdiction over the
taxpayers principal
place of business)

Within the dates specified

under the staggered filing
system depending on the
business industry
classification

Within fifteen (15) days

after the end of the
month except taxes
withheld for the month
of December, which
shall be filed within 20
days of January of the
following year.

Within ten (10) days

after the end of each
month except for taxes
withheld for December
of each year, which
shall be filed on or
before January 15 of
the following year.

On or before March 1 of
the year following the
calendar year in which the
income payments subject
to expanded withholding
taxes or exempt from
withholding tax were paid
or accrued (through esubmission).

N/A

On or before March 1
of the year following
the calendar year in
which the income
payments subject to
expanded withholding
taxes or exempt from
withholding tax were
paid or accrued.

(Note: The submission

of the 3.5 diskette in
format prescribed by the
BIR is also required for
manual taxpayers if the
company has 10 or more
income payees.)
Also attach Alphabetical
List of Income Payments
Not Subject to EWT.

ANNEX B
DEADLINE

BIR Forms

e-PAYMENT

e-FILING
(to be filed through the
EFPS facility of the BIR)

On or before the 25th day

3. Withholding Tax
Remittance Return for of the following month
Onerous Transfer of
Real Property Other
Than Capital Asset
(Including Taxable and
Exempt) (BIR Form
1606)

(to be paid through

the EFPS facility of
the BIR)
On or before the 25th
day of the following
month

Manual filing and

payment
(to be filed and paid
in RDO having
jurisdiction over the
taxpayers principal
place of business)
Within ten (10) days
following the end of
the month in which the
transaction occurred,
provided, however,
that taxes withheld in
December shall be
filed on or before
January 25 of the
following year with the
AAB located within
the RDO having
jurisdiction over the
place where the
property being
transferred is
located.2

4. Certificate of
Creditable Tax
Withheld at Source
(BIR Form 2307) to be
given to each recipient
of income payment.

To be given to income recipient within 20 days following the close of the

taxable quarter unless the payee requests for the statement to be given
simultaneously with the payment.

5. Certificate of Income
Payments Not Subject
to Withholding Tax
(BIR Form 2304) to be
given to each recipient
of income payment.

To be given to income recipient on or before January 31 of the succeeding

year in which the income payment was made or upon the request of the
payee

6. Semestral List of
Regular Suppliers

To be filed on or before January 31 and July 31 of each year.

This is an exception to the general rule wherein payments will be made to the AAB within the RDO
having jurisdiction over the taxpayer.

ANNEX B

D.

Withholding Tax on Wages (WTW)

DEADLINES
e-PAYMENT

e-FILING
BIR Forms
(to be filed through the
EFPS facility of the BIR)

(to be paid through

the EFPS facility of
the BIR)

Manual filing and

payment
(to be filed and paid
in RDO having
jurisdiction over the
taxpayers principal
place of business)

1. Monthly Remittance
Return on Income Taxes
Withheld on
Compensation (BIR
Form 1601 C)

Within the dates specified

under the staggered filing
system depending on the
business industry
classification

Within fifteen (15) days

following the month in
which withholding was
made except for the
return in December
which should be paid
on or before January
20 of the succeeding
year.

Within ten (10) days

following the month in
which withholding was
made except for the
return in December
which should be filed
on or before January
15 of the succeeding
year.

2. Annual Information
Return on Income Taxes
Withheld on
Compensation and Final
Withholding Tax (BIR
Form 1604 CF) together
with Alphabetical list of
employees3.

On or before January 31
of succeeding year
(through e-submission).

N/A

On or before January
31of succeeding year.

Moreover, the Company

is required to submit the
alphabetical list of
employees in magnetic
form using 3.5 - inch
floppy diskette [since it
has more than ten (10)
employees].
3. Certificate of Income
Tax Withheld on
Compensation (BIR
Form 2316)

On or before January 31 of the succeeding calendar year; if employment is

terminated before the close of such calendar year, on the day when the last
payment of compensation is made.

4. Application for
Registration for
Individuals Earning
Purely Compensation
Income, Non-Resident

Within ten (10) days from the date of commencement of employment

BIR Form 1604 CF includes information related to the taxable fringe benefits given to non-rank and file
employees and income payments subjected to FWT.

ANNEX B
DEADLINES
e-PAYMENT

e-FILING
BIR Forms
(to be filed through the
EFPS facility of the BIR)

(to be paid through

the EFPS facility of
the BIR)

Manual filing and

payment
(to be filed and paid
in RDO having
jurisdiction over the
taxpayers principal
place of business)

Citizens/ OCWs/
Seamen Earning Purely
Foreign-Sourced Income
(BIR Form 1902)
5. Certificate of Update of
Exemption and of
Employer's and
Employee's Information
(BIR Form 2305)

Within ten (10) days after any changes in personal and additional
exemptions, employment/working status of the spouse of the employee,
multiple employment status and the amount of compensation income.

Extension of Time for Furnishing Statements to Employee An extension of time, not exceeding thirty (30)
days, within which to furnish the Certificate of Income Tax Withheld on Compensation (BIR Form 2316)
required upon termination of employment may be granted to any employer with respect to any employee
whose employment is terminated during the calendar year.

E.

Fringe Benefits Tax (FBT)

DEADLINE

BIR Forms

Quarterly Remittance
Return of Final Income
Taxes Withheld on Fringe
Benefits Paid to
Employees Other than
Rank and File (BIR Form
1603)

e-FILING

e-PAYMENT

(to be filed through the

EFPS facility of the
BIR)

(to be paid through the

EFPS facility of the
BIR)

Within fifteen (15) days

from the close of each
calendar quarter

Within fifteen (15) days

from the close of each
calendar quarter

Manual filing and

payment
(to be filed and paid in
RDO having
jurisdiction over the
taxpayers principal
place of business)
Within ten (10) days
from the close of each
calendar quarter

ANNEX B

F.

Final Withholding Tax (FWT)

DEADLINE
e-PAYMENT

e-FILING
BIR Forms
(to be filed through the
EFPS facility of the BIR)

(to be paid through the

EFPS facility of the
BIR)

Manual filing and

payment
(to be filed and paid in
RDO having
jurisdiction over the
taxpayers principal
place of business)

1. Monthly Remittance
Return of Final
Income Taxes
Withheld (BIR Form
1601 F)

Within the dates specified

under the staggered filing
system depending on the
business industry
classification

Within fifteen (15) days

after the end of each
month except for taxes
withheld for December
which shall be filed on
or before January 20 of
the following year.

Within ten (10) days

after the end of each
month except for taxes
withheld for December
which shall be filed on
or before January 15 of
the following year.

2. Annual Information
Return on Income
Taxes Withheld on
Compensation and
Final Withholding Tax
(BIR Form 1604 CF)

On or before January
31of succeeding year
(through e-submission)

On or before January
31of succeeding year

On or before January
31of succeeding year

Moreover, the
Company is required
to submit the
alphabetical list of
employees in
magnetic form using
3.5 - inch floppy
diskettes [since it
has more than ten
(10) employees].

ANNEX B

G.

Documentary Stamp Tax

DEADLINE
e-PAYMENT

e-FILING
BIR Forms

(to be filed and paid in

RDO having
jurisdiction over the
taxpayers principal
place of business)
Within five (5)4 days after the close of the month when the taxable document
was made, signed, accepted or transferred to the AAB having jurisdiction over
the taxpayer.
(to be filed through the
EFPS facility of the BIR)

1. Documentary Stamp
Tax
Declaration/Return
(One Time
Transactions) (BIR
Form 2000 OT)
2. Documentary Stamps
Tax Declaration/
Return (BIR Form
2000)

Manual filing and

payment

(to be paid through the

EFPS facility of the
BIR)

In cases of transfer or exchange of real property, the filing and payment of DST
shall be in the RDO having jurisdiction over the place where the property being
transferred is located
Within five (5) days after the close of the month when the taxable document was
made, signed, accepted or transferred to the AAB having jurisdiction over the
taxpayer
In cases of transfer or exchange of real property, the filing and payment of DST
shall be in the RDO having jurisdiction over the place where the property being
transferred is located

H.

Staggered Filing of Returns

For purposes of filing returns under the EFPS, the taxpayers classified under the
following business industries shall be required to file the Monthly Withholding Tax
Returns, except withholding of Value-Added Tax; Monthly VAT Declarations on or
before the dates prescribed and presented herein-below:
Deadline for E-filing
Monthly
Withholding Tax
Monthly VAT
Returns Except
Declarations
Withholding VAT

Business Industry
Group A
Banking Institutions
Insurance and Pension Funding
Non-Bank Financial Intermediation
Construction
Hotels and Restaurants
Land Transport
Water Tranport

15 days

25 days

Under Section 200 of the Tax Code, the DST return shall be filed within 10 days after the close of the
month when the taxable document was made, signed, issued, accepted, or transferred. However, RR
No. 6-2001 issued on August 1, 2001 provides that DST shall be filed within 5 days after the close of the
month when the taxable document was made, signed, issued, accepted, or transferred. The
corresponding tax shall be paid at the same time the return is filed.

ANNEX B
Deadline for E-filing
Monthly
Withholding Tax
Monthly VAT
Returns Except
Declarations
Withholding VAT

Business Industry
Group B
Manufacturing
Mining
Group C
Retail, wholesale, and commission sale
Sale, Maintenance, Repair of Motor Vehicle
Sale of Automotive Fuel
Collection, Purification and Distribution of Water
Computer and Related Activities
Real Estate Activities
Group D
Air Transport
Electricity, Gas, Steam, & Hot Water Supply Postal &
Telecommunications
Publishing, Printing & Reproduction of Recorded Media
Recreational, Cultural & Sporting Activities
Recycling
Renting of Goods & Equipment
Supporting & Aux Transport Activities
Group E
Activities of Membership Organizations Inc.
Health and Social Work
Private Educational Services
Public Admin & Defense
Compulsory Social Security
Public Educational Services
Research and Development
Agricultural, Hunting, and Forestry
Farming of Animals
Fishing
Other Service Activities
Miscellaneous Business Activities
Unclassified

I.

14 days

24 days

13 days

23 days

12 days

22 days

11 days

21 days

Local Business Tax (LBT)

The tax may be paid on an annual basis within the first 20 days of January.
Alternatively, the tax may be paid on a quarterly basis as follows:
1st quarter - on or before the 20th day of January
2nd quarter - on or before the 20th day of April
3rd quarter - on or before the 20th day of July
4th quarter - on or before the 20th day of October
In case of late payment, the LGC imposes a surcharge of 25% on the amount of
taxes, fees, or charges not paid on time and an interest at the rate of two percent
(2%) per month of the unpaid taxes, fees or charges including surcharges, until such
amount is fully paid. However, the total of such interest on the unpaid amount or
portion thereof shall in no case exceed 36 months.

ANNEX B

J.

Real Property Tax (RPT)

The annual payment deadline for RPT is on or before January 31 of the succeeding
year.
However, the tax may also be paid in four (4) equal monthly installments as follows:
1st Installment
2nd Installment
3rd Installment
4th Installment

March 31
June 30
September 30
December 31

The above dates are prescribed under the LGC. However, the local ordinance
applicable to the Company may provide for an earlier deadline.
If the basic realty tax and the additional tax accruing to the SEF are paid in advance
in accordance with the prescribed schedule of payment above (annual or quarterly
basis), the Sanggunian concerned may grant a discount not exceeding twenty
percent (20%) of the annual tax due.
The RPT shall be paid to the locality where the real property is located.
K.

Amusement Taxes

Amusement taxes shall be paid at the end of each quarter and it shall be the duty of
the proprietor, lessee or operator concerned, as well as any party liable, within twenty
(20) days after the end of each quarter, to make a true and complete return (i.e., BIR
Form No. 2551 Quarterly Percentage Tax Return) of the amount of the gross
receipts derived during the preceding quarter and pay the tax due thereon.

10