Summary
RMC No. 36-2019 circularizes the additional lists of withholding agents required to deduct and remit the 1% or 2% Creditable Withholding Tax on purchases of goods and services under RR No. 11-2018, and the list of those to be deleted.
CollapseExpand
Key points
- The lists. The lists cover withholding agents under the jurisdiction of the Revenue Regions, including those no longer required to deduct the CWT. They are posted at www.bir.gov.ph with a search facility.
- Effectivity. The duty to deduct and remit the 1% or 2% CWT on payments to suppliers of goods and services continues, starts or ceases, as the case may be, effective April 1, 2019.
- Taxpayers not listed. A taxpayer not found in any published list of inclusions is deemed excluded and not required to deduct and remit the 1% or 2% CWT under RR No. 11-2018.
Who is affected
- Withholding agents under the Revenue Regions
- Suppliers of goods and services
Deadlines and effectivity
- Effective April 1, 2019
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.