Summary
RMC No. 126-2019, issued November 26, 2019, extends the use of the old versions of BIR Form Nos. 2306, 2307 and 2316 withholding certificates.
Key points
- Extended use. Withholding agents who generate the certificates through their Computerized Accounting System (CAS) may keep using the old versions for all transactions in the taxable year ending December 31, 2019.
- Pending reconfiguration. The extension applies pending reconfiguration of the CAS, which shall not go beyond December 31, 2019.
Who is affected
- Withholding agents generating certificates through a Computerized Accounting System
Deadlines and effectivity
- Transactions for the taxable year ending December 31, 2019
- CAS reconfiguration: not beyond December 31, 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.