RMC No. 03-2006: Circularizes the required file structure in the submission of the Summary Alphalist of Withholding Agents of income payments subjected to Tax Withheld at Source as mandatory attachments to tax returns with claimed tax credits due to Creditable Withholding Tax at Source and of the Monthly Alphalist of Payees whose income received have been subjected to Withholding Tax in the remittance return filed by the withholding agent/payor of income payment

Summary

RMC No. 3-2006 circularizes the required file structure for submitting the SAWT with tax returns claiming creditable withholding tax credits and the MAP with withholding tax remittance returns.

Key points

1. Submission options. The SAWT or MAP is attached to the return in the prescribed electronic format. The options are Microsoft Excel Format, the taxpayer’s own extract program, or the BIR Data Entry Module, available on request or downloadable from the BIR website.
2. Validation module. Users of the Excel format or their own extract program must use a BIR validation module, which can be downloaded from the BIR web or provided in diskette form on request.
3. Steps in the Circular. The steps for creating the data file, labeling the diskette and submitting are specified in the Circular.

Who is affected

• Taxpayers submitting the SAWT or MAP

Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.