Download 2307 BIR Form: A Comprehensive Guide for Taxpayers and Withholding Agents
Download 2307 BIR Form: A Complete Guide for Taxpayers
If you are a taxpayer in the Philippines, you may have encountered or heard about the BIR Form 2307. This form is also known as the Certificate of Creditable Tax Withheld at Source, and it is one of the most common forms used by businesses and individuals who are subject to expanded withholding tax. But what exactly is this form and why do you need it? How can you download, fill out, and submit it? In this article, we will answer these questions and provide you with a complete guide on how to download 2307 BIR form.
What is BIR Form 2307 and why is it important?
Definition and purpose of BIR Form 2307
BIR Form 2307 is a certificate that shows the income that is subject to expanded withholding tax (EWT) paid by a withholding agent or payor on behalf of a payee or recipient. EWT is a type of withholding tax that applies to certain income payments, such as professional fees, commissions, rentals, royalties, interest, dividends, etc. The withholding agent deducts a certain percentage of the income payment and remits it to the Bureau of Internal Revenue (BIR) as an advance payment of the income tax liability of the payee.
download 2307 bir form
The purpose of BIR Form 2307 is to document and report the amount of income payment and tax withheld for each payee during a given period. The form also serves as proof of the withholding tax payment that can be claimed as a tax credit by the payee when filing their income tax returns.
Benefits of filing BIR Form 2307
Filing BIR Form 2307 has several benefits for both the withholding agent and the payee. Some of these benefits are:
It ensures compliance with the tax laws and regulations in the Philippines.
It helps avoid penalties and interest for late or non-filing of withholding tax returns.
It reduces the risk of audit and investigation by the BIR.
It provides a record of the income payments and taxes withheld for accounting and auditing purposes.
It allows the payee to claim a tax credit for the amount of withholding tax paid on their behalf.
It lowers the taxable income and income tax due of the payee.
Who needs to file BIR Form 2307 and when?
Withholding agents or payors of income subject to expanded withholding tax
If you are a withholding agent or a payor of income that is subject to EWT, you need to file BIR Form 2307 for every payee that you make an income payment to. You are considered a withholding agent if you are required by law or regulation to deduct and withhold taxes from certain income payments that you make to another person or entity. Examples of withholding agents are:
Employers who withhold taxes from their employees' compensation.
Government offices who withhold taxes from their suppliers' payments.
Banks who withhold taxes from their depositors' interest income.
Corporations who withhold taxes from their shareholders' dividends.
Individuals or entities who withhold taxes from their payments to professionals, contractors, lessors, etc.
You need to file BIR Form 2307 for each payee within ten (10) days after the end of each month or quarter, depending on the frequency of your withholding tax remittance. You also need to file a summary of all the BIR Form 2307 that you issued for the year using BIR Form 1604-E (Annual Information Return of Creditable Income Taxes Withheld) on or before March 1 of the following year.
Payees or recipients of income subject to expanded withholding tax
If you are a payee or a recipient of income that is subject to EWT, you need to receive BIR Form 2307 from your withholding agent or payor for every income payment that you receive. You are considered a payee if you are a person or entity who receives an income payment that is subject to EWT. Examples of payees are:
Employees who receive compensation from their employers.
Suppliers who receive payments from government offices.
Depositors who receive interest income from banks.
Shareholders who receive dividends from corporations.
Professionals, contractors, lessors, etc. who receive payments from individuals or entities.
You need to receive BIR Form 2307 from your withholding agent or payor within ten (10) days after the end of each month or quarter, depending on the frequency of their withholding tax remittance. You also need to attach the original copy of BIR Form 2307 to your income tax return when you file it with the BIR. This will allow you to claim a tax credit for the amount of withholding tax paid on your behalf by your withholding agent or payor.
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Deadlines for filing BIR Form 2307
The deadlines for filing BIR Form 2307 vary depending on whether you are a withholding agent or a payee, and whether you are remitting withholding tax monthly or quarterly. Here is a table that summarizes the deadlines for filing BIR Form 2307:
Withholding Agent/Payor
Payee/Recipient
Monthly Remittance
Quarterly Remittance
File BIR Form 2307 for each payee within 10 days after the end of each month
Receive BIR Form 2307 from withholding agent/payor within 10 days after the end of each month
January - November: On or before the 10th day of the following monthDecember: On or before January 15 of the following year
N/A
File BIR Form 2307 for each payee within 10 days after the end of each quarter
Receive BIR Form 2307 from withholding agent/payor within 10 days after the end of each quarter
N/A
First Quarter: On or before April 15Second Quarter: On or before July 15Third Quarter: On or before October 15Fourth Quarter: On or before January 15 of the following year
File BIR Form 1604-E (Annual Information Return of Creditable Income Taxes Withheld) with attached copies of BIR Form 2307 issued for the year
On or before March 1 of the following year
How to download BIR Form 2307?
Download from the BIR website
The easiest and most convenient way to download BIR Form 2307 is to visit the official website of the BIR at . On the homepage, click on the "BIR Forms" tab and select "Withholding Tax" from the drop-down menu. You will see a list of withholding tax forms that you can download in PDF format. Look for "BIR Form No. 2307 - Certificate of Creditable Tax Withheld at Source" and click on it. You will be able to view and download the form on your computer or device. You can also print it out if you need a hard copy.
Download from a BIR office
If you prefer to get a physical copy of BIR Form 2307, you can also visit any BIR office near you and request for a copy of the form. You can find the nearest BIR office by using the BIR locator tool on their website. Just enter your address or location and click on "Search". You will see a map and a list of BIR offices that are closest to you. You can also contact them by phone or email to inquire about the availability of the form.
Download from an online tax filing platform
Another option to download BIR Form 2307 is to use an online tax filing platform that offers this service. There are several online platforms that allow taxpayers to download, fill out, and submit various tax forms, including BIR Form 2307. Some examples of these platforms are:
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