RMC No. 16-2024 — Extension of the deadline for the submission of alphabetical list of employees/payees from whom taxes were withheld

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE

National Office Building Quezon City

JAN 2 6 2024

REVENUE MEMORANDUM CIRCULAR NO. 16- 2O24

SUBJECT : Extension of the Deadline for the Submission of Alphabetical List of Employees/Payees from Whom Taxes Were Withheld

TO : All Internal Revenue Officials, Employees and Others Concerned

otherwise known as the Personal Equity and Retirement Account (PERA) Act of 2008, and the revised income tax rates for taxable year 2023 under R.A. 10963 (TRAIN Law), Revenue Memorandum Circulars (RMC) Nos. 139-2020, 34-2022, and 160-2022 were respectively issued to update BIR Form Nos. 2316 and the schedules on the Alphabetical List of Employees/Payees from Whom Taxes Were Withheld (alphalist) under BIR Form No. 1604C. With the introduction of the 5% tax credit incentive under Republic Act No. 9505

using the new version of the Alphalist Data Entry and Validation Module is hereby extended up to February 28, 2024. A separate tax advisory shall be posted on the website of this Bureau informing the availability of the updated version of the said module. In this connection, the deadline of submission of the alphalist for the taxable year 2023

under the PERA Act of 2008 and who have not yet submitted their alphalists for the year 2022 Moreover, for those taxpayers-employers who have employees availing 5% tax credit

the BIR website announcing the availability of a separate revised data entry module. the deadline shall be thirty (30) days immediately after the date of posting of a tax advisory on

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

LUMAGUI, JR. Tissioner of Internal Revenue

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