RMC No. 15-2024 — Temporary use of BIR Form No. 0605 for the Remittance of Creditable Withholding Tax by Joint Ventures/Consortiums under Revenue Regulations No. 14-2023

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE Quezon City

JAN.25 2024

REVENUE MEMORANDUM CIRCULAR NO. 15- 2024

SUBJECT :Temporary Use of BIR Form No. 0605 for the Remittance of Creditable Withholding Tax by Joint Ventures/Consortiums under Revenue Regulations No. 14-2023

TO : All Internal Revenue Officials, Employees and Others Concerned

Regulations (RR) No. 14-2023: Creditable Income Taxes (Expanded)) which shall include the additional Alphanumeric Tax Codes (ATCs) for the different new CWT rates, all concerned joint ventures/consortiums shall comply the foilowing procedures in remitting the Creditable Withholding Tax (CWT) prescribed by Revenue Pending finalization of the revised BIR Form No. 1601-EQ [Quarterly Remittance Return of

1. BIR Form No. 0605 (Payment Form) shall be accomplished using only the electronic Filing and Payment System (eFPs) or the eBIRForms Package facility.

2 Fill-out, among others, the following fields of the said form by indicating the corresponding

information:

a.For ATC-MC200 b.For Tax Type-WE C. Under the "Manner of Payment", Click the "OTHERS (Specify)" box and in the

corresponding box, indicate the applicable information - "Income Payment for goods - I1%, Income payment for services -- 2%, and/or Distributive Share of Co-venturer -- 15%

3. Pay the corresponding taxes thru the online payment facilities of this Bureau, or manually thru the over-the-counter (OTC) facility of the appropriate Authorized Agent Banks (AABs) or Revenue Collection Agents of the Revenue District Office where the taxpayer is duly

registered.

announced through the issuance of another Revenue Memorandum Circular. The availability of the revised BIR Form No. 1601-EQ containing the new ATCs shall be

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

J-5 mmissioner of Internal Revenue UMAGUI, JR.

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