May 3, 2018
BANK BULLETIN NO. 11-18
| TO | : | All Authorized Agent Banks |
| SUBJECT | : | New/Revised Withholding Tax Forms and the Corresponding Procedures for Updating the Limited Bank Data Entry System (LBDES) |
Pursuant to Republic Act (R.A.) No. 10963, otherwise known as the Tax Reform Acceleration and Inclusion (TRAIN) Law and as clarified in Revenue Regulations (RR) 11-2018, the following new/revised withholding tax forms have been prepared and modified: ETHIDa
1. BIR Form No. 0619 E — Monthly Remittance Form of Creditable Income Taxes Withheld, (Expanded)
2. BIR Form No. 0619 F — Monthly Remittance Form of Final Income Taxes Withheld
Accordingly, all AABs are hereby advised to follow the procedures in Bank Bulletin No. 2018-01 for updating of the BIR Forms in the forms codes table under the Limited Data Bank Entry System (LBDES) as shown below:
Form | Form Description | Tax | Tax Type | Frequency |
0619 E | Monthly Remittance Form of Creditable Income Taxes Withheld, (Expanded) | WE | Withholding Tax Expanded | M |
0619 F | Monthly Remittance Form of Final Income Taxes Withheld | WF | Withholding Tax Final | M |
For further queries on the above procedures, please contact Mr. Sean Neil S. Sabado of this Bureau's Systems Development...
