BIR Issuances – RMC 122-2023

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The BIR announces the availability of the Offline Electronic Bureau of Internal Revenue Forms (eBIRForms) package Version 7.9.4.1.

 

Revenue Memorandum Circular (RMC) No. 122-2023

1 December 2023

 

This Circular is issued to announce the availability of the Offline eBIRForms Package Version 7.9.4.1 that can be downloaded from the following websites:

  1. bir.gov.ph
  2. knowyourtaxes.ph/ebirforms

The Offline eBIRForms Package v7.9.4.1. contains the following modifications:

  1. Additional Alphanumeric Tax Codes (ATCs) in BIR Form No. 1702-RTv2018C, to wit:
ATC Description
IC 101 Regional Operating Headquarters
IC190 Offshore Banking Units
IC191 Foreign Currency Deposit Units
  1. Updated 2023 Income Tax Rates on the following BIR Forms:
BIR Form No. Form Name
1700v2018 Annual Income Tax Return For Individuals Earning Purely Compensation Income (Including Non-Business/Non-Profession Related Income)
1701v2018 Annual Income tax Return For Individuals (including MIXED Income Earner), Estates and Trusts
1701A Annual Income Tax Return For Individuals Earning Income PURELY from Business/Profession (Those under the graduated income tax rates with OSD as a mode of deduction OR those who opted to avail of the 8% flat income tax rate)
  1. Bug Fixes for BIR Form No. 1702-MXv2018C.

Copy of the RMC can be accessed below.

RMC No. 122-2023.pdf

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