Summary
RMC No. 105-2017, issued on December 29, 2017, prescribes the Revised Withholding Tax Table on Compensation under the NIRC amendments introduced by RA No. 10963 (TRAIN Law).
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Key points
- Withholding on compensation. Beginning January 1, 2018, every employer paying compensation deducts and withholds tax from it in accordance with the Revised Withholding Tax Table.
Who is affected
- Employers paying compensation to employees
Deadlines and effectivity
- Effective beginning January 1, 2018
Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.
Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.