(To be filled up by the BIR)
DLN: PSOC: PSIC:
BIR Form No.
Monthly Remittance Return
1600
Republika ng Pilipinas
Kagawa ran ng Pananalapi
Kawanihan ng Rentas Internas of Value- Added Tax and Other
July, 1999 (E NCS)
Under RAs 1051, 7649 ,8241 and 8424 Percentage Taxes Withheld
Fill in all applicable spaces. Mark all appropriate boxes with an “X”.
Part I Background Information
1 For the Month 2 Amended Return? 3 No. of Sheets Attached 4 Any Taxes Withheld?
(MM / YYYY) Yes No Yes No
5 TIN 6 RDO Code 7 Line of Business/
Occupation
8 Withholding Agent's Name (Last Name, First Name, Middle Name for Individuals)/(Registered Name for Non-Individuals) 9 Telephone No.
10 Registered Address 11 Zip Code
12 Category of Withholding Agent 13 Are there payees availing of tax relief under Special Law or
Private Government International Tax Treaty? Yes No If yes, specify
Part II ComputatIon of Tax
*ATC NATURE OF PAYMENT TAX BASE RATE TAX REQUIRED TO BE WITHHELD
APPLICABLE TO GOVERNMENT WITHHOLDING AGENTS ONLY:
WB 030 Tax on carriers and keepers of garages 3%
WB 040 Franchise Tax on Electric, Gas and Water Utilities 2%
WB 050 Franchise Tax on radio & TV broadcasting companies whose annual
gross receipts do not exceed P10 M & who are not VAT-registered taxpayers 3%
WB 070 Tax on life insurance premiums 5%
WB 080 Person exempt from VAT under Sec. 109 (Z) 3%
WB 090 Tax on Overseas Dispatch, Message or Conversation from the Phils. 10%
WB 101 Tax on interest, commissions and discounts paid to banks and
non-bank financial intermediaries
WB 103 Tax on royalties, rentals of property, and all other gross income
earned by banks & non-bank financial intermediaries 5%
WB 111 Tax on interest , discounts & other items of gross income paid to finance
companies & other financial intermediaries not performing quasi-banking functions 5%
WB 112 Tax on interest, commissions & discounts from lending activities
and income from financial leasing of finance companies, etc.
WB 120 Business Tax on Agents of foreign insurance co.- insurance agents 10 %
WB 120 Business Tax on Agents of foreign insurance co.- owner of the property 5%
WB 130 Tax on International Carriers 3%
WB 140 Tax on Cockpits 18 %
WB 150 Tax on Cabaret, night and day clubs 18 %
WB 160 Tax on Boxing exhibitions 10 %
WB 170 Tax on Professional basketball games 15 %
WB 180 Tax on jai - alai and race tracks 30 %
WB 200 Tax on sale, barter or exchange of stocks listed & traded through 1/2 of 1%
Local Stock Exchange
WB 201 Tax on shares of stock sold or exchanged through initial public offering
WB 202 Tax on shares of stock sold or exchanged through secondary public offering
WV 010 VAT Withholding on Purchase of Goods 3%
WV 020 VAT Withholding on Purchase of Services 6%
WV 030 VAT Withholding on Government Public Work Contracts 8.5%
APPLICABLE TO BOTH GOVERNMENT AND PRIVATE WITHHOLDING AGENTS:
WV 040 VAT Withholding from non-residents ( Government Withholding Agent) 10%
WV 050 VAT Withholding from non-residents (Private Withholding Agent) 10%
14 Total Tax Required to be Withheld and Remitted 14
15 Less: Tax Remitted in Return Previously Filed, if this is an amended return 15
16 Tax Still Due/(Overremittance) 16
17 Add: Penalties Surcharge Interest Compromise
17A 17B 17C 17D
18 Total Amount Still Due/(Overremittance) (Sum of Items 16 & 17D) 18
For late filers with overremittance, extend amount of penalties (Item 17D to 18)
If overremittance, mark one box only: To be Refunded To be issued a Tax Credit Certificate
I declare, under the penalties of perjury that this return has been made in good faith, verified by me, and to the best of my knowledge and belief,
is true and correct, pursuant to the provisions of the National Internal Revenue Code, as amended, and the regulations issued under authority thereof.
Stamp of Receiving
19 20 Office and
Authorized Agent Signature over Printed Name Title/Position of Signatory Date of Receipt
Part III D e t a i l s of P a y m e n t
Drawee Bank/ Date
Particulars Agency Number MM DD YYYY Amount
21 Cash/ Bank 21
Debit Memo
22 Check 22A 22B 22C 22D
23 Others 23A 23B 23C 23D
Machine Validation/Revenue Official Receipt Details (If not filed with the bank)
BIR FORM 1600 - MONTHLY REMITTANCE RETURN OF VALUE-ADDED TAX AND OTHER PERCENTAGE TAXES WITHHELD
GUIDELINES AND INSTRUCTIONS
Who Shall File a. Willful neglect to file the return within the period prescribed by
This return shall be filed in triplicate by the following: the Code or by rules and regulations; or
1) All government offices, bureaus, agencies or instrumentalities, local a. In case a false or fraudulent return is willfully made.
government units, government owned and controlled corporation on money 1. Interest at the rate of twenty percent (20%) per annum, or such higher rate
payments made to private individuals, corporations, partnerships, as may be prescribed by rules and regulations, on any unpaid amount of
associations and other juridical/artificial entities as required under RA Nos. tax, from the date prescribed for the payment until the amount is fully paid.
1051, 7649, 8241 and 8424. 2. Compromise penalty.
2) Payors to non-residents receiving income subject to value added tax. Violation of Withholding Tax Provisions by a Government Officer.
Treasurers of local government units, Treasurer/Chief Accountant of Every officer or employee of the government of the Republic of the
Government Agencies and Instrumentalities and Government-Owned and Philippines or any of its agencies and instrumentalities, its political subdivisions,
Controlled Corporations (GOCCs), or any person holding similar position and as well as government-owned or controlled corporation, including the Bangko
performing similar function , as withholding agents, shall deduct and withhold the Sentral ng Pilipinas, who, under the provisions of the Code, as amended, or
prescribed creditable value-added tax and other percentage taxes before making regulations promulgated thereunder, is charged with the duty to deduct and
any payment to the seller of goods and services. withhold any internal revenue tax and to remit the same in accordance with the
Where the government as herein defined has regional offices, branches or provisions of the Code as amended, and other laws shall be guilty of any offense
units, the withholding of the creditable VAT/other percentage taxes and the herein-below specified and upon conviction of each act or omission, be fined in a
remittance therefor may be done on a decentralized basis. As such, the treasurer sum not less than five thousand pesos (P = 5,000.00) but not more than fifty
or the chief accountant or any person holding similar position in said regional thousand pesos (P = 50,000.00) or imprisoned for a term of not less than six (6)
office, branch or unit shall deduct and withhold the creditable VAT/other months and one day but not more than two (2) years, or both:
percentage taxes before making any payment to the seller of goods and services. a) Those who fail or cause the failure to deduct and withhold any internal
revenue tax under any of the withholding tax laws and implementing
When and Where to File and Remit/Pay
regulations;
The withholding tax return shall be filed and the tax paid on or before the
th b) Those who fail or cause the failure to remit taxes deducted and
tenth (10 ) day of the month following the month the withholding was made.
withheld within the time prescribed by law, and implementing
Provided, that large taxpayers as determined by the Commissioner shall file/pay on
th regulations; and
or before the twenty fifth (25 ) day of the following month.
c) Those who fail or cause the failure to file a return or statement within
The return shall be filed and the tax paid with any Authorized Agent
the time prescribed, or render or furnish a false or fraudulent return
Bank (AAB) of the Revenue District Office (RDO) having jurisdiction over the or statement required under the withholding tax laws and regulations.
withholding agent's place of business/office. In places where there are no If the withholding agent is the government or any of its agencies, political
Authorized Agent Banks, the return shall be filed and the tax paid directly with subdivisions or instrumentalities, or a government-owned or controlled
the Revenue Collection Officer or the duly Authorized City or Municipal corporation, the employee thereof responsible for the withholding and remittance
Treasurer within the Revenue District where the withholding agent's place of of the tax shall be personally liable for the additions to the tax prescribed by the
business/office is located, who shall issue Revenue Official Receipt (BIR Form National Internal Revenue Code.
No. 2524) therefor. Attachment Required
Where the return is filed with an AAB, the lower portion of the return must Alphabetical list of payees using the format prescribed/reflected below (if
be properly machine-validated and duly stamped by the Authorized Agent Bank the same cannot be accommodated in the return).
to serve as the receipt of payment. The machine validation shall reflect the date of Note: All background information must be properly filled up.
payment, amount paid and transaction code, and the stamp mark shall also show § Box No. 1 refers to the transaction period and not the date of filing this
the name of the bank, branch code, teller’s code and teller’s initial. The AAB shall return.
also issue an official receipt or bank debit advice or credit document, whichever is § The last 3 digits of the 12-digit TIN refers to the branch code.
applicable, as additional proof of payment. § TIN = Taxpayer Identification Number.
A taxpayer may file a separate return for the head office and for each § The ATC in the Alphabetical List of Payees shall be taken from the ATC
branch or place of business/office or a consolidated return for the head office and listed under Part II of this form/return.
all the branches/offices except in the case of large taxpayers where only one § The rates of the following transactions shall be as follows:
consolidated return is required. ATC Description Rate
Penalties 1) WB101 & WB112 Short-term maturity (not in excess of 2 years) 5%
There shall be imposed and collected as part of the tax: Medium-term maturity (over 2 years but not
1. A surcharge of twenty five percent (25%) for each of the following exceeding 4 years) 3%
violations: Long-term maturity (over 4 years but not
a. Failure to file any return and pay the amount of tax or installment due exceeding 7 years) 1%
on or before the due date; (over 7 years) 0%
b. Unless otherwise authorized by the Commissioner, filing a return with
a person or office other than those with whom it is required to be filed; 2) WB201 & WB202 Proportion of stocks disposed to the total
c. Failure to pay the full or part of the amount of tax shown on the return, outstanding shares of stock after the listing in
or the full amount of tax due for which no return is required to be filed the local stock exchange
on or before the due date; Up to 25 % 4%
d. Failure to pay the deficiency tax within the time prescribed for its Over 25 % but not over 331/3 % 2%
payment in the notice of assessment. Over 331/3 % 1%
2. A surcharge of fifty percent (50%) of the tax or of the deficiency tax, in case
any payment has been made on the basis of such return before the discovery
of the falsity or fraud, for each of the following violations: ENCS
ALPHABETICAL LIST OF PAYEES Page ___ of ___
FOR THE MONTH OF : WITHHOLDING AGENT TIN : WITHHOLDING AGENT NAME : _______________________________
( MM/YYYY)
Schedule 1.1 ALPHABETICAL LIST OF PAYEES FROM WHOM TAXES WERE WITHHELD (Attach additional sheet/s, if necessary)
SEQ PAYEE DETAILS INCOME PAYMENT / TAX WITHHELD DETAILS TAX TAX REQUIRED
NO. TIN INDIVIDUAL / CORPORATION ATC * NATURE OF PAYMENT AMOUNT RATE TO BE WITHHELD
(1) (2) (3) (4) (5) (6) (7) (8)
(LAST NAME, FIRST NAME,
MIDDLE NAME FOR INDIVIDUALS
OR REGISTERED NAME
FOR NON-INDIVIDUALS)
Total P
FORM 1600
(Monthly Remittance Return of Value Added Tax
and Other Percentage Taxes Withheld)
NOTES:
a.) Computation of tax and explanations thereto are based on the items/numbers provided in the above
mentioned form
b.) Items 1 to 13 refer to the background information of the taxpayer
c.) After accomplishing Part II - Computation of Tax under BIR Form 1600, accomplish at the back of the
form Schedule 1.1 (Alphabetical List of Payees) for the prescribed format if the same cannot be
accommodated in the return.
Part II. Computation of Tax
14. Add all the amounts in the column "Tax Required to Be Withheld".
15. If this is an amended return, deduct Tax Remitted in Return Previously Filed, otherwise, proceed to Item 16.
16. To get the Tax Still Due (Overremittance) deduct Item 14 from Item 15. In case the amount in Item 15
is more than the amount in Item 14, enclose the amount of OVERPAYMENT in parenthesis ( ).
Example:
14. Total Tax Required to be Withheld and Remitted P 100,000.00
15. Less: Tax Remitted in Return Previously Filed, if this is an Amended Return 110,000.00
16. Tax Withheld Still Due (P 10,000.00)
17. For late filers with overremittance, extend amount of penalties which are as follows:
Surcharge:
A surcharge of fifty percent (50%) of the tax or of the deficiency tax, in case any payment has been made
a) Willful neglect to file the return within the period prescribed by the Code or by rules and regulations; or
b) In case a false or fraudulent return is willfully made.
on the basis of such return before the discovery of the falsity or fraud, for each of the following violations:
A surcharge of twenty-five percent (25%) for each of the following violations:
a) Failure to file any return and pay the amount of tax or installment due on or before the due date;
b) Unless otherwise authorized by the Commissioner, filing a return with a person or office other than
those with whom it is required to be filed;
c) Failure to pay the full or part of the amount of tax shown on the return, or the full amount of tax due for
which no return is required to be filed on or before the due date;
d) Failure to pay the deficiency tax within the time prescribed for its payment in the notice of assessment.
17A Surcharge
Interest: A twenty percent (20%) per annum, or such higher rate as may be prescribed by rules and
regulations (RMO 1-90), or any unpaid amount of tax, from the date prescribed for the payment until the
amount is fully paid.
17B Interest
Compromise: Compromise penalty based on RMO 1-90
17C Compromise
17D Add: Penalties (17A) + Interest (17B) + Compromise (17C) to get the Total Amount of Penalties.
18. To get the Total Amount Still Due (Overremittance) add Sum of Item 16 and 17D.
