BIR NEW ISSUANCE – RMC 70-2023

Thursday, June 22, 2023

Bureau of Internal Revenue (BIR) has recently issued Revenue Memorandum Circular No. 70-2023 which circularizes the Lists of Withholding Agents required to deduct and remit the 1% or 2% Creditable Withholding Tax for the purchase of goods and services under RR No. 31-2020.

Source: BIR Website: https://www.bir.gov.ph/index.php/home.html

https://www.bir.gov.ph/images/bir_files/internal_communications_2/RMCs/2023%20RMCs/RMC%20No.%2070-2023.pdf

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