RMC No. 79-2023: Announces the availability of BIR Form Nos. 1600-PT, 1600-VT, 1602Q, 1603Q, 2551Q and 2552 in the Electronic Filing and Payment System (eFPS)

Key points

1. Monthly withholding returns. Forms 1600-PT (Other Percentage Taxes Withheld) and 1600-VT (Value-Added Tax Withheld) are due on or before the 10th day of the month following the month of withholding.
2. Quarterly withholding returns. Form 1602Q (final taxes withheld on interest on deposits and yield on deposit substitutes) and Form 1603Q (final taxes withheld on fringe benefits of employees other than rank and file) are due not later than the last day of the month following the close of the quarter of withholding.
3. Percentage tax returns. Form 2551Q is due within 25 days after the end of each taxable quarter. Form 2552 is due within 5 banking days from collection for shares sold through the Local Stock Exchange, within 30 days from listing for primary public offering, and within 5 banking days from collection for secondary public offering.
4. Mandatory use. Taxpayers required to use eFPS file these returns and pay any tax due through eFPS, effective immediately.

Who is affected

• Taxpayers mandated to use eFPS

Deadlines and effectivity

• Effective immediately