Know Your Taxes: BIR Form 2307

Know Your Taxes: BIR Form 2307

For Accountants, For SMEs
What is 2307? According to the Bureau of Internal Revenue, BIR Form 2307, or Certificate of Creditable Tax Withheld at Source, is a certificate issued by the withholding agent to the recipients of income subject to expanded withholding tax. Who should submit BIR Form 2307? Individuals or non-individuals who are subject to EWT. When is 2307 submission? The issuance of Form 2307 is upon payment to the supplier if WTAX is deducted. Otherwise, no 2307 is needed. What is the purpose of 2307? 2307 is proof that creditable tax and/or expanded tax have been withheld. Oojeema’s 2307 Did you know? Oojeema helps you generate 2307 fast.  If you’re using the traditional, the usual process is to look for a free download of BIR Form 2307 Excel format or a free…
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