BIR Form 2306 Archives

13 Mar 2021

Here’s the reason why you need to stop issuing BIR Form 2306

Do you still prepare BIR Form 2306 until now? Do you still issue it to your suppliers and the same is still accepted? If it is, then you and your suppliers might not have read the Circular of the Bureau of Internal Revenue (BIR) which discontinued the use of the form. In your next transaction, stop using the form as it is no longer required to be prepared and issued. The BIR issued Revenue Memorandum Circular (RMC) No. 36-2021 to discontinue the use of BIR Form 2306 and provides guidelines on shifting from Final to a Creditable System on the...

Appropriate Withholding Tax Certificate for Non-VAT Suppliers

Question: Taxpayer po is NonVat, meron siyang Sales to Government, babawasan siya ni Govt Agency ng 3% and 1%, anong BIR form po ang makukuha niya para sa deduction? may nagsasabi po kasi 2306 at 2307, pero ang nasa form po kasi para maallow siya madeduct is parehong 2307 po. Salamat po sa sagot. Answers | Comments Read more forums on #WithholdingTax: https://gabotaf.com/tag/withholding-tax/ Post Views: 877

Are you already using the new version of BIR Form 2306 and 2307?

In case you might have missed it, but do you know that the Bureau of Internal Revenue (BIR) has issued new formats for BIR Form Nos. 2306 and 2307 in July this year? (This is specially true to those agencies who are preparing the forms manually or through Excel) The forms were circularized through Revenue Memorandum Circular No. 74-1019 dated July 23, 2019 as shown below: Source: Bureau of Internal Revenue (BIR) Hence, if you’re still using the old version of the forms, stop using them and visit the following links to download the latest prescribed format and start using...