Business Income practice, whose

competence can usually be

BIR Form measured against an
established set of
1901 - Self-employed (Single standards.
Proprietors/Professionals), Mixed-  Also refers to a person who
Income Individuals, etc. engages in some art or
1902 - Individuals Earning Purely sport for money, as a
Compensation Income means of livelihood, rather
1903 - Non-Individuals than as a hobby.
(Partnerships, Corporations,  Includes, but not limited to,
Cooperatives, etc.) doctors, lawyers, engineers,
1904 - One-Time Transaction architects, CPAs,
1905 - Registration Information professional entertainers,
Update/Correction/Cancellation artists, professional
1906 - Application for Authority to athletes, directors,
Print Receipts and Invoices producers, insurance
agents, insurance adjusters,
Business Income management and technical
consultants, bookkeeping
agents, and other recipients
 Sales or receipts of an of professional, promotional
individual or non-individual and talent fees
from rendering of services,
merchandising, trading or
manufacturing of goods,
self-employment, rent or Computation of Taxable Business
lease of property, and other Income
sources of income
Gross Business
Pxxx
Income
Self-employed x
Less: Deductions xxxx
 A sole proprietor or an Taxable Net Income xxxx
independent contractor who
reports income earned from
self-employment Sources of Business Income
 controls whom he/she works
for, how the work is done  Rendering services
and when it is done.  Merchandising or trading of
 Includes those hired under goods
a contract of service or job  Manufacturing of goods
order, and professionals  Practice of profession
whose income is derived  Rent or lease of property
purely from the practice of
profession and not under an
employer-employee Allowable Deductions
relationship.
 Allowable Itemized
Deductions (AID)
Professional  Optional Standard
Deduction (OSD)
 A person formally certified  Preferential Tax Deduction
by a professional body (PTD)
belonging to a specific
profession by virtue of
having completed a
required examination or
course of studies and/or Income Taxation Options
 1. Graduated Income Tax Computation of Taxable Net
Income
o Allowable Itemized
Deductions
o Optional Standard
Deduction

2. Preferential Income Tax

Graduated Income Tax

If taxable Tax Due is

income is
over but not plu of
over s excess
over
0 250,000 0
250,000 400,000 0 15 250,000
%
400,000 800,000 22,500 20 400,000
%
800,000 2,000,0 102,500 25 800,000
00 %
2,000,0 8,000,0 402,500 30 2,000,0
00 00 % 00
8,000,0 2,202,5 35 8,000,0
00 00 % 00

If taxable Tax Due is

income is
over but not plu of 1. GIT - Allowable Itemized
over s excess Deductions
over
0 250,000 0 Requisites for Allowable Itemized
250,000 400,000 0 20 250,000 Deductions
%
400,000 800,000 30,000 25 400,000 1. Ordinary and necessary
% 2. Paid or incurred during the year
800,000 2,000,0 130,000 30 800,000 3. Related to the conduct of trade,
00 % business or practice of
2,000,0 8,000,0 490,000 32 2,000,0 profession
00 00 % 00 4. Substantiated with sufficient
evidence
8,000,0 2,410,0 35 8,000,0
00 00 % 00 5. Subjected to withholding tax, if
applicable
6. Not contrary to law, morals,
Graduated Income Tax Deductions public policy or public order

1. Allowable Itemized Deductions

Ordinary allowable itemized
2. Optional Standard Deduction deductions, like
  Salaries, wages and
allowances
 Mandatory and other Major Difference Between
contributions Itemized and Optional Standard
 Fringe benefits Deduction
 Pension trusts
 Transportation and travel Allowable Optional
 Rental Itemized Standard
 Interest DeductionsDeductio
 Taxes and licenses n
 Losses
 Depreciation, Depletion and Applicable To all At the
Amortizations taxpayers, in option of
 Bad debts general qualified
 Charitable and other taxpayers
contributions Limit of Generally, no 40% of
 Entertainment, amusement Amount of limit Net
and recreation Deduction Sales/Rece
 Research and development ipts
Substantia Supporting No
tion documents, substantia
Requireme Ordinary and tion
Examples of Expenses Not Allowed nt necessary required
As Deduction From Gross Income expenses
Reporting  Financial No
 Bribes, kickbacks and other Requireme Stateme Financial
similar payments nt nt, if Statement
 Personal, living or family gross required
expenses income
 Interest, losses and bad does not
debts between members of exceed
the family, between a P3M
grantor and a fiduciary of a  Audited
trust Financial
Stateme
nt, if
gross
income
exceeds
2. GIT - Optional Standard
P3M
Deduction

 Allowable deduction is 40%

of net sales/receipts in lieu
of the itemized deductions
 Must be explicitly signified Exercise 1
Maria is a non-VAT registered owner of a
in the income tax return by
burger stand business. During the previous
marking the check box for year, her gross receipts totaled P900,000
availing the option and the cost of sales and operating
 Must be signified at the first expenses totaled P400,000. How much is
income tax return of the the total amount of taxes that Maria should
year, and used for the have paid last year?
whole year
 No substantiation nor Annual Registration P
financial statement Fee 500
reporting is required P900,0
Percentage Tax x 3% 27,000
00
 Not allowed for non-resident
Income Tax
aliens engaged in trade or
400,00
business (NRA-ETB) 0 30,000
 100,00 NOTE: Yung pagpili ng option;
0 25,000 55,000 kailangan kung ano pinili mo sa first
quarter, if pinili mo OSD sa first
Total Amount of P82,5
Taxes 00
quarter, yun na gagamitin mo for the
second to third quarter, then sa 4 th
quarter ay annual tax return.

If AID naman, di pwede magpalit.

Exercise 2
Determine the income tax due for the year
of the following taxpayers:
Exercise 4
Resident taxpayer, Jose AssetPro
Taxpay Taxable Income Tax
Manalo had the following data for the
er Income Due
year:
A P 250,000 P 0
B 300,000 7,500 P12,000,0
C 400,000 22,500 Gross Sales
00
D 500,000 42,500 Sales Discounts, Returns
400,000
E 900,000 127,500 and Allowances
F 1,500,000 277,500 Cost of Sales 7,000,000
G 3,000,000 702,500 Salaries Expense 900,000
H 6,000,000 1,502,500 SSS, HDMF and PHIC
45,000
I 10,000,000 2,902,500 Contributions
J 12,000,000 3,602,500 Depreciation Expense 500,000
Rent Expense 600,000
Bad Debts 45,000
Rent Income 150,000
Exercise 3 Miscellaneous Income 340,000
Determine the income tax due for the year of
the following taxpayers: Capital gains from
600,000
GIT - GIT - OSD properties sold
AID Interest income from
300,000
Tax Net Cost of Itemiz Taxa Inco Taxa Incom Savings Deposit
pay Sales Sales/S ed ble me ble e Tax
er / ervices Dedu Net Tax Net Due
Recei ctions Inco Due Inco Assume that he has paid P600,000
pts me me income taxes for the first 3 quarters of
A 1,000 500,00 100,0 400, 22, 600,0 52,5 the year.
,000 0 00 000 500 00 00
(1M- (NOT Required: Determine the taxable net
500 E: income and income tax due, and
K- 1M x prepare the income tax return using
100 60%)
K) cos
tata
ngga
1. Allowable itemized deduction
lan 2. Optional standard deduction
ng
40%.
B 2,000 600,00 150,0 1,25 215 1,200 202,
,000 0 00 0,00 ,00 ,000 500
0 0
Allowable Itemized Deductions:
C 3,000 1,500, 600,0 900, 127 1,800 352,
12,000,0
,000 000 00 000 ,50 ,000 500 Gross Sales
0 00
D 7,000 2,000, 700,0 4,30 1,0 4,200 1,06 Less: Sales
,000 000 00 0,00 92, ,000 2,50 Discounts, Returns
0 500 0 400,000
and Allowances
E 10,00 2,500, 1,500 6,00 1,6 6,000 1,60
0,000 000 ,000 0,00 02, ,000 2,50 11,600,0
Net Sales
0 500 0 00
*Highlighted amount indicates the lower income Less: Cost of
tax due between the 2 options.
Sales 7,000,000
Gross Income 4,600,00
 0 Operating Income
Less Allowable Rent Income 150,000
Itemized Miscellaneous
Deductions: 340,000
Income
Salaries Total Other
900,000
Expense Non-Operating 490,000
SSS, HDMF and Income
PHIC 45,000
Contributions Taxable Net 7,450,00
Depreciation Income 0
500,000
Expense
Rent Expense 600,000 Income Tax on
Bad Debts 2,000,000 402,500
45,000
Total Itemized 5,450,000 1,744,00
2,090,00
Deductions 0
0
Income Tax 2,037,5
Net Income from
2,510,000 Due 00
Operations
Other Non-
NOTE:
Operating Income
 Salaries Expense to Bad Debt-
Rent Income 150,000 are AID.
Miscellaneous  Allowable Itemized
Income 340,000 Deductions:
Total Other 1. Must be ordinary and necessary.
Non-Operating 2. Substantiated.
490,000
Income  Salaries expense- meron kang
payroll computations na I-aattach
Taxable Net 3,000,00 and makikita na rin dun ang
Income 0 contributions.
 Depreciation Expense- walang
resibo so mag-aattach ka ng
Income Tax on
schedule of computation ng
2,000,000 402,500 depreciation.
1,000,000  Rent Expense- May resibo dun sa
300,000 pinagbayaran ng lessor. Required
Income Tax Due mag-withhold ng tax which is 5%.
702,500  Bad Debt- Hindi pwede yung
estimated. Ito yung actual na di
ma-collect or written-off na.

Optional Standard Deduction: NOTE:

12,000,0
Gross Sales Rent Income and
00 

Less: Sales Miscellaneous Income- are

Discounts, ordinary incomes. But these are
Returns and 400,000 incomes not related to the primary
Allowances activities. These two will fall under
11,600,0 non-operating income.
Net Sales
00
NOTE:
Less: Optional
 Capital gains from properties
Standard
4,640,00 sold- already subjected to CGT.
Deduction (40%
0 Therefore, di na need i-include pa
of Net Sales)
sa annual ITR na subjected to
Net Income from income tax kasi magdodoble.
6,960,000
Operations  Interest income from Savings
Other Non- Deposit- di na iinclude sa ITR
 because interest income is an Self-Employed
income subjected to final tax. Individuals, Estates and
Trusts)
NOTE: 2. Annually – BIR Form
 Books of Account- Recording is 1701 (Annual Income
everyday but the closing is every Tax Return For
month. Individuals, Estates and
Trusts)

Preferential Income Tax

During the year
Benefits
 Irrevocable and no
1. Exemption from paying Percentage amendment shall be made
Tax  If gross sales/receipts and
2. Exemption from submission of non-operating income
Financial Statements exceeded P3 million, the
taxpayer shall

Qualification 1. File BIR From

1905 to update
1. Non-VAT taxpayer his registration
2. Gross sales/receipts and other non- from Non-VAT to
operating income do not exceed P3 VAT
million 2. Revert to
3. Engaged in business or practice of graduated
profession income tax.
Previous tax
payments are
allowed as
income tax credit
Signify intention
3. Pay percentage
tax for the first
1. New taxpayer: BIR P3 million
Form 1901 (Application 4. Pay value-added
for Registration) tax for the
2. Existing taxpayer: BIR excess of P3
Form 1905 (Application million and
for Registration succeeding
Information sales/receipts
Update/Correction/Canc and other non-
ellation) operating
3. 1st Quarterly Income income.
Tax Return: mark the
8% Option

Not Qualified to avail of the 8%

Income Tax Rate
File income tax returns,
mark the 8% Option 1. Purely compensation income
earners
1. Quarterly – BIR Form 2. VAT-registered taxpayers
1701Q (Quarterly
Income Tax Return For
 3. Non-VAT taxpayers whose cial
State
gross sales/receipts and other
ment,
non-operating income if
exceeded P3 million gross
4. Taxpayers subject to Specific incom
e
Percentage Taxes excee
5. Partners of a General ds
P3M
Professional Partnership
6. Exempt individuals (like BMBEs)
Income Tax BIR Form No. BIR BIR Form
Return 1701 Form 1701A
(Pure 1701A
Business
Income)

Salient Features of the Graduated

and 8% Preferential Income Tax

GIT - AID GIT - 8% Computation of Taxable Net

OSD Preferen Income and Income Tax Due
tial
Income
Tax
Applicabilit In general, all At the At the
y individual option option of
taxpayers of qualified
qualifie taxpayers
d
taxpaye
rs
Tax base Net Taxable Net Gross
Income Taxable sales/rece
Income ipts and
other
non-
operating
income
Allowed Itemized Optional P250,000
Deductions Deductions Standar
d
Deducti
on
Business Percentage Percent Exempt Exercise 5
Tax Tax or VAT age Tax from Maria is a non-VAT registered owned of a
or VAT Percentag burger stand business. During the previous
e Tax year, her gross sales totaled P900,000 and
Required  Finan No No the cost of sales and operating expenses
Financial cial Financia Financial totaled P400,000. She opted to use the 8%
Statement State l Statemen Preferential Income Tax Rate. How much is
ment, Statem t required
the total taxes that Maria should have paid
if ent
require for last year?
gross
incom d
e P
Annual Registration Fee
does 500
not Percentage Tax1 Note:
excee Walang babayaran na PT if 0
d P3M
nag-avail ng 8%.
 Audit
ed Income Tax
Finan Sales 900,0
 00 Note: 1M x
Preferential Tax 250,0 3%
Deduction2 00 250,000 PT=60,000 310,000
650,0 430,000 PT=90,000 520,000
Taxable Net Income
00 1,194,000 VAT=600,0 1,794,000
Preferential Income Tax 00
8% 52,000
Rate 1,170,000 VAT=900,00 2,670,000
0
P52,5
Total Amount of Taxes 8% Preferential Income Tax
00
Notes: Taxable Net Income Business Total
Income Tax Tax Taxes
750,000 60,000 0 60,000
1. Under this option, the taxpayer is Note: 750K- Note: 750K
exempt from paying percentage 250K x 8%
taxes 1,750,000 140,000 0 140,000
2. Standard amount of deduction; 2,750,000 220,000 0 220,000
equal to the exempt taxable NA
income under the TRAIN Law NA
Graduated Income Tax

Answers to Exercises 7 to 9 are

Exercise 6 found in the BIR Revenue
Determine the income tax due for the year Regulation 08-2018. Click and
of the following taxpayers:
download the RR using the link
below.
Taxpay Net Sales/ Cost of Itemized Exercise 7 = Illustration 2 and 3
er Receipts Sales/ Deductions Exercise 8 = Illustration 4
Services Exercise 9 = Illustration 6
A 1,000,000 500,000 100,000
B 2,000,000 600,000 150,000 BIR Revenue Regulation 8-2018
C 3,000,000 1,500,000 600,000
Exercise 10
D 7,000,000 2,000,000* 700,000
Resident taxpayer, Jose AssetPro Manalo
E 10,000,00 2,500,000* 1,500,000 had the following data for the year:
0
*Assumed to be VAT purchases P2,400,0
Gross Sales
D: VAT = (7M-2M) x 12% = P600,000 00
E: VAT = (10M-2.5M) x 12% = P900,000 Sales Discounts, Returns and
Taxpayers D and E can no longer avail the 80,000
Allowances
8% PIT rate because their gross 1,400,00
sales/receipts exceeded P3 million. Cost of Sales
0
Salaries Expense 180,000
SSS, HDMF and PHIC
GIT - AID 9,000
Contributions
Income Business Tax Total
Depreciation Expense 100,000
Tax Taxes
Rent Expense 120,000
30,000 PT=30,000 60,000
Note: PT is based on net Bad Debts 9,000
sales. (1M x 3%) Rent Income 30,000
265,000 PT=60,000 325,000 Miscellaneous Income 68,000
160,000 PT=90,000 250,000 Capital gains from properties
120,000
1,226,00 VAT=600,000 1,826,00 sold
0 Note: 7M-2M x 12% 0 Interest income from Savings
60,000
1,770,00 VAT=900,000 2,670,00 Deposit
0 0
Required: Determine the taxable income
GIT - OSD and income tax due, and prepare the
Income Business Total income tax return using the 8%
Tax Tax Taxes preferential income tax option.
80,000 PT=30,000 110,000
 P2,400,00 00
Gross Sales
0 1,500,00
Less: Cost of Sales
Less: Sales Discounts, 0
Returns and 80,000 1,300,00
Allowances Gross Income
0
P2,320,00 Less: AID 700,000
Net Sales
0 Operating Income 600,000
Add Other Non- Add: Non-Operating
Operating Income 200,000
Income
P30,00 Taxable Business Income P800,000
Rent Income
0
Miscellaneous
68,000 Income Tax Due P130,000
Income
Total Other Non- Less: Tax Credits
98,000 Creditable P10,0
Operating Income
Withholding Tax 00
P
Total Taxable Income Income Tax
2,418,000 100,0
Payments - Previous 110,000
Less: 00
Quarters
Exemption/Preferential 250,000
Income Tax Deduction
P Income Tax Payable P20,000
Taxable Net Income
2,168,000
Preferential Income Income Tax P130,000
8%
Tax Rate Percentage Tax
84,000
P (P2,800,000 x 3%)
Income Tax Due
173,440 Total Business and P214,00
Income Taxes 0
Download the Income Tax Return:
Exercise 10. Manalo BIR Form B.
1701A Income Tax Return - 8%
Income Tax Option GIT-AID GIT-OSD 8PIT
Taxable Net P800,00 P1,880,0 P2,750,0
Exercise 11 Income 0 00 00
Fernando is a Filipino residing in the
Philippines. He earns income as the sole Income Tax P130,00
proprietor of a merchandising business. For P454,000 P220,000
Due 0
the taxable year, he had the following
Percentage
results of operations: 84,000 84,000 0
Tax Due
Total
Business P214,0 P538,00 P220,00
Gross sales P2,800,00 and Income 00 0 0
0 Taxes
Cost of sales 1,500,000
Operating expenses 700,00 GIT-OSD Taxable Net Income =
Other non-operating income 200,000 (P2,800,000 x 60%) + P200,000
Creditable withholding tax 10,000 8PIT Taxable Net Income = (P2,800,000 +
Income tax payments for the P200,000) - P250,000
100,000
previous quarters

Required:
Exercise 12
Felipe is a Filipino residing in the
1. What is the taxpayer’s income tax Philippines. He earns income as the sole
payable? proprietor of a merchandising business. For
2. In which income tax option will the the taxable year, he had the following
taxpayer pay the lower amount of results of operations:
income and business taxes?
Gross sales P2,900,00
0
Solution: Cost of sales 1,500,000
A. Operating expenses 700,000
Gross Sales P2,800,0 Other non-operating income 200,000
Creditable withholding tax 10,000 Income tax on
Income tax payments for the compensation:
100,000
previous quarters on P800,000 P130,000
on excess
What is the taxpayer’s income tax due? 240,000
(P800,000 x 30%)
Can the taxpayer avail of the 8% income Income tax on P370,0
tax option? compensation 00
Solution:
P2,900,0
Gross receipts
P2,900,0 00
Gross Sales Less: Exemption 0
00
1,500,00 P2,900,0
Less: Cost of Sales Taxable net income
0 00
1,400,00 Income tax rate 8%
Gross Income
0 Income tax on business 232,000
Less: AID 700,000
Operating Income 700,000 P602,0
Total Income tax due
Add: Non-Operating 00
200,000
Income Less: Tax Credits
Taxable Business Income P900,000 Tax payments for
P150,00
the First Three
0
Quarters
Income Tax Due P160,000
Creditable tax
Less: Tax Credits
withheld per BIR 6,000
Creditable P10,0 Form 2307
Withholding Tax 00
Creditable tax
Income Tax withheld per BIR 350,000
100,0
Payments - Previous 110,000 Form 2316
00
Quarters
Total tax credits 506,000

Income Tax Payable P50,000

P96,00
Income Tax Payable
0

Exercise 13
Josefa is a resident Filipino working as an
employee in a private company while
doing some freelance bookkeeping jobs.
Her compensation and income from online Mixed Income
services for the last taxable year are as
follows: Sources of Income

Taxable compensation income P1,600,00  Compensation income

0  Income from business or self-
Withholding tax on employment
350,000  Income from practice of
compensation
profession
Gross receipts 2,900,000
 Capital gains from sale of
Cost of services and operating properties
1,200,000
expenses  Passive income
Creditable taxes withheld on
6,000
rental payments
Exclusions from Gross Income
Income tax payments for the
150,000
previous quarters
The following items shall not be included in
Required: gross income and shall be exempt from
If the taxpayer can avail of the 8% income taxation:
income tax option, what is her income
tax due? 1. Proceeds of Life Insurance

Solution:
2. Amount Received by Insured as
Return of Premium
Taxable compensation P1,600,0
income 00 3. Gifts, Bequests, and Devises
 4. Compensation for Injuries or 1. Total income tax due = P513,000
Sickness 2. Total income tax due = P589,200
5. Income Exempt under Treaty
6. Retirement Benefits, Pensions,
Gratuities, etc.
7. Miscellaneous Items: Exercise 15
The following year, Mr. MAG tendered his
resignation from his employment to
1. Income derived by Foreign concentrate on his business. His total
Government; compensation for the year amounted to
2. Income Derived by the P150,000, inclusive of benefits of P20,000.
Government or its Political
Subdivisions; His business operations for the taxable
3. Prizes and Awards year had gross sales of P2,400,000. His
cost of sales and operating expenses are
4. Prizes and Awards in P1,000,000 and P600,000, respectively,
Sports Competition and with non-operating income of
5. 13th month pay and other P100,000.
benefits not exceeding
P90,000 Required: Compute for the total income
6. GSIS, SSS, Medicare and tax due of Mr. MAG.
Other Contributions
7. Gains from the Sale of Answer key: Total income tax due:
P200,000
Bonds, Debentures or
other Certificate of
Indebtedness with a
maturity of more than five
(5) years
8. Gains from Redemption of
Shares in Mutual Fund

Exercise 14
Exercise 16
Mr. MAG, a financial controller of JAB
Mr. WBV, an officer of ABX CBX
Company, earned annual compensation
International Corp., earned an annual
last year of P1,500,000, inclusive of 13th
compensation of P1,200,000, inclusive of
month and other benefits in the amount of
P120,000 received as 13th month pay and
P90,000, but net of mandatory
other benefits. Aside from his employment
contributions.
income, he owns a farm, which earned a
gross sales of P3,500,000. His cost of sales
Aside from his employment income, he
and operating expenses are P1,000,000
owns a convenience store, with gross sales
and P600,000, respectively, and with non-
of P2,400,000. His cost of sales and
operating income of P100,000.
operating expenses are P1,000,000 and
P600,000, respectively, and with non-
Required: Compute for the total income
operating income of P100,000.
tax due of Mr. WBV.

Answer key: Total income tax due:

Required: Compute for the total income
P845,200
tax due of Mr. MAG if

The complete solutions for the

1. He signified his intention to avail of
exercises in this page are found in BIR
the 8% income tax option.
RR 8-2018, Illustrations 7 and 8.
2. He did not signify his intention to
avail of the 8% income tax option. BIR Revenue Regulation 8-2018

Answer keys:
Mixed Income
Filing and Payment of Taxes of
professi
on
Registratio 0605 [No longer For GIT- 1701A Annuall April 15 of
n required OSD and y the following
under the 8% year
Ease of Option
Payment (For
Taxes Law] pure
business
income
Business Taxes earners)
Value- 2550 Monthly 20th day For GIT- 1701 Annuall April 15 of
Added M following the AID and y the following
Tax end of the mixed year
month income
2550Q Quarterl 25th day earners
y following the
close of each For 1700 Annuall April 15 of
quarter individu y the following
Percenta 2551Q Quarterl 25th day als with year
ge Tax y following the income
close of each purely
taxable from
quarter compen
sation

Remittance of Taxes Withheld

Compen 1601- Monthly Jan to Nov:
sation C 10th day of
the following Other Examples of Tax Calendars:
month
Dec:
BIR Tax Calendar
15th day of
January of
the following PwC Tax Calendar
year
1604- Annuall January 31 of
C y the following Mode of Filing and Payment of Taxes
year
Expande 0619- Monthly 10th day Manual e-BIR EFPS
d E following the Forms
end of the Data Manual Electronic Electroni
month entry using forms c forms
1601- Quarterl last day of paper/
EQ y the month hard-copy
following the forms
close of the Filing of BIR Office Online Online
quarter tax
1604- Annuall March 1 of Returns
E y the following Payment Collection Collection Fund
year of taxes agents/ e- agents/ e- Transfer
Payment Payment s
Income Tax facilities facilities
For 1701Q Quarterl 1st Quarter:
individu y May 15 1. Manual Filing
als with 2nd Quarter:
income August 15  Paper-based filing of tax
solely 3rd Quarter: returns
from November 15  Payment of taxes to
business 1. Duly authorized e-
or
payment gateways
practice
 (LBP, DBP, GCash,
PayMaya, etc.)
2. Authorized Agent Bank
(LBP, DBP, PNB, China
Bank, Security Bank,
etc.)
3. Revenue Collection
Officer
4. Duly authorized city or
municipal treasurer

2. e-BIR Forms

 BIR software-based submission

of tax returns
 Payment of taxes to AAB, e-
payment gateways, RCO or
local government treasurer

3. Electronic Filing and Payment

System (EFPS)

 BIR web-based submission of

tax returns
 Payment of taxes through fund
transfer or credit from
registered bank accounts