A very common question is: "Can I get a free, downloadable Excel version of BIR Form 1702-RT v2018?"
Less: Tax Credits/Payments (such as creditable withholding taxes or prior gross income tax payments) Net Tax Payable / (Overpayment) Penalties (Surcharge, Interest, Compromise), if applicable 3. Computation of Tax This area calculates the base liability: Less: Cost of Sales/Services Gross Income from Operation Add: Non-Operating and Other Taxable Income Total Gross Income
Method of Deduction (Itemized Deduction vs. Optional Standard Deduction or OSD). 2. Part II – Total Tax Payable bir form 1702 rt version 2018 excel format free
Your unique 9-to-12-digit corporate identifier.
Generally, the deadline for filing the annual income tax return (Form 1702) is on or before April 15th of every year, unless extended by the BIR. A very common question is: "Can I get
Managing corporate taxes in the Philippines requires strict adherence to Bureau of Internal Revenue (BIR) regulations. For corporations, partnerships, and other non-individual taxpayers subject to regular income tax, is the primary filing document.
While an Excel sheet is excellent for internal workflows, always cross-reference your calculations with the absolute latest guidelines on the official BIR website to ensure compliance with sudden revenue regulations or circulars. Managing corporate taxes in the Philippines requires strict
The "Version 2018" design was introduced to incorporate the sweeping structural changes mandated by Republic Act No. 10963, otherwise known as the Tax Reform for Acceleration and Inclusion (TRAIN) Law. It replaced older versions to reflect updated tax rates, revised computational schemas, and new scheduling structures. Who Must File Form 1702-RT?
If you are looking at this form, it is likely to see the changes implemented by the TRAIN Law compared to pre-2018 forms: