BIR RR 2-98 PDF

Doutilar The deficiency tax when the amount of tax computed in Step 5 is greater than the amount bjr cumulative tax already deducted and withheld or when no tax has been withheld from the beginning of the calendar year shall be deducted from rrr last payment of compensation for the calendar year. If the income tax collected at source is less than the tax due on his return, the difference shall be paid in accordance with the provisions of Sec. Newer Post Older Post Home. Compensation is constructively paid within the meaning of these Regulations when it is credited to the account of or set apart for an employee so that it may be drawn upon by him at any time although not then actually reduced to possession. Provided, that no withholding of tax shall be required where the total compensation income of an individual does not exceed the statutory minimum wage or five thousand pesos P5, In general, an individual is not considered an employee if he is subject to the control or direction of another merely on to the result to be accomplished by the work, and not on to the means and methods for accomplishing the result. House Bills 17th Congress 16th Congress.

Author:Grogal Zulkigore
Country:Burkina Faso
Language:English (Spanish)
Genre:Marketing
Published (Last):9 November 2017
Pages:236
PDF File Size:17.32 Mb
ePub File Size:1.69 Mb
ISBN:651-5-15244-743-1
Downloads:13126
Price:Free* [*Free Regsitration Required]
Uploader:Nikogami



The computation and the scheme for withholding the ta. OO per case whicbever is lower. The reward shall be paid under the rules and regulations issued by the Secretary of Finance, upon the recommendation of the Commissioner. However, such person shall not be entItled to a reward, should no revenue, surcharges or fees be actually recovered or collected nor shall apply to a case already pending or previously investigated or examined by the Commissioner or any of his deputies or agents or examiners, or the Secretary of Finance or any ofrus deputies or agents.

OO per case whichever is lower. The amounts subject to withholding under this paragraph shall include not only fees, but also per diems, allowances and any other form of income payments. In the case of professional entenainers, atWetes, and all recipient of talent fees, the amount subject to withholding tax shall also include amounts paid to them in consideration for the use of their names or pictures in print, broadcast, or other media or for public appearances, for purposes of advertisements or sales promotion.

B Professional fees, talent fees, etc. OO or less With a seIJing price of more than five hundred thousand pesos p, Where the consideration or part thereof is payable on installment, no withholding of tax is required to be made on the periodic installment payments where the buyer is an individual not engaged in trade or business.

In such a case, the applicable rate of tax based on the entire consideration shall be withheld on the last installment or installments to be paid to the seller. However, if the buyer is engaged in trade or business, whether a corporation or otherwise, the tax shall be deducted and withheld by the buyer on every installment.

K Additional income payments to government personnel from importers. It does not include intangible personal property as well as real property. As a general rule, this tenn does not include a casual purchase of goods.

OO or more shall be subjet to a withholding tax. However, insof. Time of withholding- The obligation of the payor to deduct and withholdtne tax under Section 2. Upon request of the payee, however, the payor must furnish such statement to the payee simultaneously with the income payment. Collection Agent in the city or municipality where the payor has his legal residence or principal place of business. If the payor is the Government of the Philippines or any political subdivision or agency thereof, or any government-owned or controUed corporation, the return shall be made by the officer or employee having control of the payments or by any designated officer or employee.

Income 01 recipient. Income upon which any creditable tax is required to be withheld at source shall be? The excess of the withheld tax over the tax due on his return shall be refunded to him subject to the authority of the Commissioner to refund taxes under Sec.

If tne income tax collected at source is less than the tax due on his return, the difference shall be paid in accordance with the provisions of Sec. The taxes withheld.

They shall be considered as a trust fund held for government until they are rcniitted. The Register of Deeds shall annotate on the T ransfet Certificate of Title of the said property such infomlation required under Section 58 E of the Code. In case of any violation of the said requirement, he shall be liable to the penalties provided under Section of the said Code.

The excess expanded withholding tax so determined.

CUORE GUERRIERO SAM SHERIDAN PDF

BIR Revenue Regulation No. 02-98 Dated 17 April 1998

The computation and the scheme for withholding the ta. OO per case whicbever is lower. The reward shall be paid under the rules and regulations issued by the Secretary of Finance, upon the recommendation of the Commissioner. However, such person shall not be entItled to a reward, should no revenue, surcharges or fees be actually recovered or collected nor shall apply to a case already pending or previously investigated or examined by the Commissioner or any of his deputies or agents or examiners, or the Secretary of Finance or any ofrus deputies or agents. OO per case whichever is lower.

LA NOCHE BOCA ARRIBA JULIO CORTAZAR PDF

2019 Revenue Regulations

Such structure includes sewers and sewerage disposal plants and systems, parks, playgrounds, and other recreational works, refineries, chemical plants and similar industrial plants requiring specialized engineering knowledge and skills, powerhouse, power plants and other utility plants and installation, mines and metallurgical plants, cement and concrete works in connection with the above-mentioned fixed works. F Income distribution to the beneficiaries. H Income payments to partners of general professional partnerships. Hospitals, clinics, HMOs and similar establishments must ensure that correct taxes due on the professional fees of their medical practitioners have been withheld and timely remitted to the Bureau of Internal Revenue BIR. For this purpose, hospitals and clinics shall not allow their medical practitioners to receive payment of professional fees directly from patients who were admitted and confined to such hospital or clinic and, instead, must include the professional fees in the total medical bill of the patient which shall be payable directly to the hospital or clinic. Provided, however, that this fact is shown in a sworn declaration jointly executed by the medical practitioner, and the patient or his duly authorized representative, in case the patient is a minor or otherwise incapacitated. This sworn declaration, to be executed in the form presented in Annex "A" of these Regulations, shall form part of the records of the hospital or clinic and shall constitute as part of its records and shall be made readily available to any duly authorized Revenue Officer for tax audit purpose.

EPISODIC MEMORY AMNESIA AND THE HIPPOCAMPAL-ANTERIOR THALAMIC AXIS PDF

2018 Revenue Regulations

.

Related Articles