RMC No. 105-2017 — Prescribes the Revised Withholding Tax Table on Compensation pursuant to the amendments to the NIRC of 1997 introduced by RA No. 10963 (TRAIN Law) Digest | Full Text | Rev WT

BUFEAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE

Quezon City

Decermber 28,2017

REVENUE MEMORANDUM CIRCULAR NO.-D5- &O!7

SUBECT: Revised Withholding Tax Table on Compensatior Fursuant to the

Amendmenis to the National Internal Revenue Code of 1997 as Introduced by Republic Acl No. 10963,Otherwisc Known as the "Tax Rcform for Acceleration and inclusion (TRAIN) Law"

TO All Internal Revenue Officers and Others Concerned

known as the "Tax Reform for Acceleration and Inclusion (TRAIN) Law" on January 1, 2018, it is imperative that a'smooth transition as te withholding tax beginning January 1, 2018, every employer niaking compensation payments to rates is ensured. Thus, for the inforrnation and guidance of all concerned, herein as ANNEX "A" their respective employees ahall deduct and withhoid from such compensation a tax determined in accordance with the Revised Withholding Tax Table attached With the forthcoming cffectivity of Republic Act No. 10963, otherwise

enjoined to give this Circular as wide a publicity as possible. All internal revenue officials, employees and other concerned are hereby

Commissioner of Internal Revenue CAESAR R. DULAY

312380

MIS M.T. DIVISION H: L FPVORIUE

DEC 2 9 20f7 tNmT

RECEIVED