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Posts Tagged ‘tax’


29
Sep

Finally, after 3 months after the public hearing was held, the Revenue Regulation for Republic Act 9504, a.k.a “Tax Relief Code” has been approved and released thru Philippine Star last September 25, 2008 by Dept. of Finance.

Employers are given only up to November 28, 2008 to submit all employee updates (BIR Form 1902 or 2305 whichever is applicable). Transitional Table for 2008 was also provided given that the implementation of the new tax rate is pro-rated.

RR 10-2008 for R.A. 9504 revised-withholding-tax-tables2009 Transitional Table For 2008