Skip to main content
BIR Issuancesby BetterGov.phBeta
Official source
Browse issuances
Revenue Memorandum Circular · RMC

RMC No. 80-2022 Corrected

To circularize the additional List of Withholding Agents (TWAs) required to deduct and remit either the 1% or 2% Creditable Withholding Tax (CWT) pursuant to RR No. 31-2020, including the list of TWAs for deletion from the existing list.

Bureau of Internal RevenueIndependent research copy
Document type
RMC
Number
80
Year
2022
Text quality
Not specified

Document text

Reference copy · verify against the official source
RMC No. 80-2022 (June 22, 2022) circularizes an additional list of withholding agents (TWAs) that are required to deduct and remit the 1% or 2% Creditable Withholding Tax (CWT) on income payments to their suppliers of goods and services, respectively, pursuant to RR No. 31-2020, together with a list of TWAs for deletion from the existing list. The obligation to deduct and remit the 1% and 2% CWT shall continue, commence or cease effective July 1, 2022. Taxpayers not found in any of the published lists are deemed excluded and are not required to deduct and remit the 1% or 2% CWT. The lists are posted on the BIR website (www.bir.gov.ph).