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.
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.
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.
How to download 2307 bir form online
Download 2307 bir form pdf
Download 2307 bir form excel
Download 2307 bir form fillable
Download 2307 bir form sample
Download 2307 bir form for 2023
Download 2307 bir form for withholding tax
Download 2307 bir form for creditable tax withheld at source
Download 2307 bir form for compensation income
Download 2307 bir form for expanded withholding tax
Download 2307 bir form for final withholding tax
Download 2307 bir form for non-resident aliens
Download 2307 bir form for foreign corporations
Download 2307 bir form for government agencies
Download 2307 bir form for non-vat taxpayers
Download 2307 bir form for vat-exempt transactions
Download 2307 bir form for zero-rated sales
Download 2307 bir form for percentage tax
Download 2307 bir form for fringe benefits tax
Download 2307 bir form for capital gains tax
Download 2307 bir form for documentary stamp tax
Download 2307 bir form for estate tax
Download 2307 bir form for donor's tax
Download 2307 bir form for excise tax
Download 2307 bir form for income tax return
Where to download 2307 bir form
When to download 2307 bir form
Why download 2307 bir form
What is download 2307 bir form
Who can download 2307 bir form
Benefits of download 2307 bir form
Requirements of download 2307 bir form
Process of download 2307 bir form
Tips on download 2307 bir form
Guide on download 2307 bir form
Tutorial on download 2307 bir form
Video on download 2307 bir form
Blog on download 2307 bir form
Article on download 2307 bir form
Review on download 2307 bir form
Comparison on download 2307 bir form and other forms
Alternatives to download 2307 bir form
Problems with download 2307 bir form
Solutions to download 2307 bir form issues
FAQs on download 2307 bir form
Best practices on download 2307 bir form
Checklist on download 2307 bir form completion and submission
Template on download 2307 bir form
Software on download 2307 bir form
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:
: A cloud-based tax software that automates tax compliance and reporting for businesses and professionals.
: An online tax filing and payment platform that simplifies tax compliance for freelancers, self-employed individuals, and small businesses.
: A payroll and HR software that integrates with the BIR and other government agencies to streamline tax filing and remittance.
To use these platforms, you need to register for an account and provide some information about your business or profession. You can then access the BIR Form 2307 from their dashboard and download it on your computer or device. You can also fill out and submit the form online using their features and tools.
How to fill out BIR Form 2307?
Required information and fields
After downloading BIR Form 2307, you need to fill out the required information and fields on the form. The form has two parts: Part I and Part II. Part I contains the basic information of the withholding agent or payor and the payee or recipient. Part II contains the details of the income payment and tax withheld for each payee. Here are the information and fields that you need to fill out on BIR Form 2307:
Part I - Withholding Agent/Payor Information
Part II - Payee/Recipient Information
Name of Withholding Agent/PayorTINRegistered AddressZip CodeCategory of Withholding AgentATC (Alphanumeric Tax Code)Nature of Income PaymentPeriod CoveredDate of Withholding
Name of Payee/RecipientTINRegistered AddressZip CodeStatus of Filing (Single/Married)Exemption Status (S/ME/S1/ME1/etc.)Tax Rate (%)Amount of Income PaymentAmount of Creditable Tax Withheld
You need to fill out one form for each payee that you make an income payment to. You can use either a typewriter or a pen to fill out the form. Make sure that your handwriting is clear and legible. Do not erase, alter, or overwrite any information on the form. If you make a mistake, use a correction tape or fluid to correct it.
Supporting documents and attachments
Apart from filling out BIR Form 2307, you also need to attach some supporting documents and attachments to the form. These documents and attachments are:
A copy of the official receipt or invoice issued by the payee for the income payment received.
A copy of the withholding tax return (BIR Form 1601-EQ or 1601-FQ) filed by the withholding agent or payor for the period covered by the certificate.
A copy of the proof of payment (bank debit memo, electronic payment confirmation, etc.) for the withholding tax remitted by the withholding agent or payor.
A copy of the authorization letter from the payee if the certificate is claimed by a representative.
A copy of the valid ID of the representative if the certificate is claimed by a representative.
You need to attach these documents and attachments to the original copy of BIR Form 2307 that you will submit to the BIR. You also need to attach these documents and attachments to the duplicate copy of BIR Form 2307 that you will give to the payee. You can keep the triplicate copy of BIR Form 2307 for your own records.
How to submit BIR Form 2307?
Submission through DVD or eAFS
If you are a withholding agent or a payor who issues more than ten (10) BIR Form 2307 for a given period, you need to submit the form electronically through a DVD or the Electronic Audited Financial Statements (eAFS) system of the BIR. You need to convert the form into a PDF file and save it in a DVD or upload it to the eAFS system. You also need to fill out and submit BIR Form 2307 Summary List, which is an Excel file that contains the summary of all the BIR Form 2307 that you issued for the period. You can download the BIR Form 2307 Summary List from the BIR website or from an online tax filing platform.
You need to submit the DVD or eAFS containing the BIR Form 2307 and the BIR Form 2307 Summary List to the Revenue District Office (RDO) where you are registered within fifteen (15) days after the end of each month or quarter, depending on the frequency of your withholding tax remittance. You also need to submit a hard copy of the BIR Form 2307 Summary List duly stamped by the RDO along with your withholding tax return (BIR Form 1601-EQ or 1601-FQ) and proof of payment.
Submission along with other tax returns
If you are a withholding agent or a payor who issues less than ten (10) BIR Form 2307 for a given period, you can submit the form manually along with your other tax returns. You need to prepare three (3) copies of BIR Form 2307 for each payee: one for submission to the BIR, one for giving to the payee, and one for your own records. You also need to attach the supporting documents and attachments as mentioned above.
You need to submit the original copy of BIR Form 2307 along with your withholding tax return (BIR Form 1601-EQ or 1601-FQ) and proof of payment to any Authorized Agent Bank (AAB) within the jurisdiction of your RDO on or before the deadline for filing your withholding tax return. If there is no AAB within your area, you can submit it directly to your RDO. You also need to give the duplicate copy of BIR Form 2307 along with the supporting documents and attachments to your payee within ten (10) days after the end of each month or quarter. You can keep the triplicate copy of BIR Form 2307 for your own records.
Conclusion
BIR Form 2307 is an important document that shows the income payment and tax withheld for each payee subject to expanded withholding tax. It is also a proof of withholding tax payment that can be claimed as a tax credit by the payee when filing their income tax return. Filing BIR Form 2307 ensures compliance with the tax laws and regulations in the Philippines and provides benefits for both the withholding agent and the payee.
To download BIR Form 2307, you can visit the BIR website, a BIR office, or an online tax filing platform. To fill out BIR Form 2307, you need to provide the required information and fields on the form and attach the supporting documents and attachments. To submit BIR Form 2307, you can either do it electronically through a DVD or eAFS or manually along with your other tax returns. You need to follow the deadlines for filing BIR Form 2307 to avoid penalties and interest. FAQs
Here are some of the frequently asked questions about BIR Form 2307:
What is the difference between BIR Form 2307 and BIR Form 2316?
How can I claim a tax credit for the withholding tax paid on my behalf?
What are the penalties for late or non-filing of BIR Form 2307?
Can I file BIR Form 2307 online?
Where can I get help or assistance in filing BIR Form 2307?
Let's answer these questions one by one.
BIR Form 2307 and BIR Form 2316 are both certificates of withholding tax, but they have different purposes and uses. BIR Form 2307 is issued by a withholding agent or payor to a payee or recipient of income that is subject to expanded withholding tax. BIR Form 2316 is issued by an employer to an employee who receives compensation income that is subject to withholding tax on compensation. BIR Form 2307 is filed monthly or quarterly, while BIR Form 2316 is filed annually. BIR Form 2307 is attached to the income tax return of the payee, while BIR Form 2316 is submitted to the employer for consolidation.
To claim a tax credit for the withholding tax paid on your behalf, you need to attach the original copy of BIR Form 2307 to your income tax return when you file it with the BIR. You also need to indicate the amount of withholding tax paid on your behalf in the appropriate field on your income tax return. This will reduce your taxable income and income tax due by the amount of withholding tax paid on your behalf.
The penalties for late or non-filing of BIR Form 2307 depend on the nature and extent of the violation. Generally, the penalties are as follows:
A surcharge of 25% or 50% of the amount of withholding tax due, depending on whether the violation is due to negligence or willful intent.
An interest of 12% per annum on the amount of withholding tax due, computed from the date of payment until the date of remittance.
A compromise penalty ranging from P1,000 to P25,000, depending on the amount of withholding tax due.
You can avoid these penalties by filing and paying your withholding tax returns on time and accurately.
Yes, you can file BIR Form 2307 online if you are a withholding agent or a payor who issues more than ten (10) BIR Form 2307 for a given period. You can do this by submitting the form electronically through a DVD or eAFS system of the BIR. You can also use an online tax filing platform that offers this service. However, if you are a withholding agent or a payor who issues less than ten (10) BIR Form 2307 for a given period, you need to file the form manually along with your other tax returns.
If you need help or assistance in filing BIR Form 2307, you can contact the BIR through their hotline numbers, email addresses, or social media accounts. You can also visit their website or any BIR office near you for more information and guidance. Alternatively, you can consult a professional tax accountant or adviser who can help you with your tax compliance and reporting needs.
I hope this article has helped you understand how to download 2307 BIR form and how to fill out and submit it. If you have any questions or feedback, please feel free to leave a comment below. Thank you for reading! 44f88ac181