(Revenue Memorandum Circular No. 36-2019, March 18, 2019)
This Tax Alert is issued to inform all concerned on the publication of BIR’s supplementary lists of additional and delisted Top Withholding Agents last March 18, 2019.
Under Revenue Regulations No. 11-2018, the publication shall serve as the “notice” to the top withholding agents to deduct and remit to the BIR 1% and 2% creditable withholding tax (CWT) from regular suppliers of goods and services, respectively. Under RMC No. 36-2019, said obligation shall continue, commence or cease, as the case may be, effective on April 1, 2019.
Taxpayers that cannot be found in any of the published lists of inclusions published in October 2018 and March 2019 are deemed to have been excluded and therefore, are not required to deduct and remit the 1% or 2% CWT on purchases of goods and services from regular suppliers.
https://www.bir.gov.ph/index.php/top-taxpayers/top-withholding-agents/supplementary-list-of-top-withholding-agents-published-on-march-18-2019.html
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