30/10/2025
Laymanβs term: Ito ang resibo o patunay na may binawas na withholding tax saβyo ng iyong client o customer bago ka nila bayaran.
π§Ύ Para saan ang Form 2307?
Ginagamit ito para ipakita na may na-withhold na buwis mula sa iyong income (halimbawa, professional fee, rental income, commission, etc.) at ibinayad na ito ng iyong client sa BIR.
See more
π Laymanβs term: This is a receipt or proof that your client or customer has a reduced withholding tax on you before they pay you.
π§Ύ What is Form 2307 for?
This is used to demonstrate that there is a withheld tax from your income (e.g., professional fee, rental income, commission, etc.) ) and your client already paid for it in BIR.
π
When is it used?
You use this when:
Are you filing Quarterly Income Tax Return (1701Q) or Annual ITR (1701)
You can deduct this (tax credit) from your total tax due to reduce what you will pay in BIR.
πWhere does this come from?
This is from your client, lessor, or customer who taxed their fees to you.
They have the obligation to issue 2307 of you every quarter.
π§Ύ Got a 2307? Donβt let it go to waste!