RR No. 5-2025 — Amending Revenue Regulations No. 2-98 Relative to the Withholding Tax Rates on Certain Income Payments Subject to Creditable Withholding Tax Pursuant to Section 57 of the National Internal Revenue Code of 1997, as Amended by Republic Act No. 12066 (Date Posted: February 27, 2025)

Bringing In Revenues for Nation-Buildlng BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE National Office Building Quezon City FEB 2 5 2025 PILIPINAS BAGONG

REVENUE REGULATIONS NO. 0 0_5 - 2 0 2 5

SUBJECT National Internal Revenue Code of 1997, as Amended by Republic Act No. 12066 Amending Revenue Rcgulations No. 2-98 Relative to the Withholding Tax Rates on Certain Income Payments Subject to Creditable Withholding Tax Pursuant to Section 57 of the

TO All Internal Revenue Officials, Employees and Others Concemed

SECTION 1. SCOPE. -- Pursuant to Sections 244 and 245 of the National Internal Revenue of Revenue Regulations (RR) No. 2-98, as amended, by revising the withholding tax rates Code of 1997, as amended (Tax Code), in relation to Sections 5 and 32 of Republic Act (RA) No. 12066, these Regulations are hereby promulgated to further amend Section 2.57.2 and adjusting the basis of certain income payments.

hereby further amended to read as follows: SECTION 2. AMENDATORY PROVISIONS. -- Section 2.57.2 (H) and (X) of RR No 2-98, as renumbered and amended by RR No. 11-18 and RR No. 16-23, respectively, are

prescribed thereon. "Sec. 2.57.2. Income payments subject to creditable withholding tax rates

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goods/services made by the aforesaid business entity to cardholders -- One-half percent (1/2%) amounts paid by any credit card company in the Philippines to any business entity whether a natural or juridical person, representing the sales of (H) Certain income payments made by credit card companies -On the gross

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Financial Services Providers to Merchants -- On the gross remittances by e- marketplace operators and digital financial services providers to the platform/facility -- One-half percent (l/2%)) (X) Remittances of Electronic Marketplace Operators and Digital sellers/merchants for the goods or services sold/paid through their GBUREAUOEINTERNAI REVENUE RECORDS MANAFIMI X NIVISION

XXX TEL R MF

FEB 27 2025

{ BIR National Offtce B!dg., Senator Miriam Defensor-Santlago Avenue Dilima Trunkline: 8981-7000 : 8929-7676 Website: www.bir.gov.ph uezon city imE:_5:S0p

SECTION 3. SEPARABILITY CLAUSE. -- If any of the provisions of these Regulations is subsequently declared invalid or unconstitutional, the validity of the remaining provisions hereof shall rermain in full force and effect.

SECTION 4. REPEALING CLAUSE. - All other issuances and rules and regulations or parts thereof which are contrary to and inconsistent with the provisions of these Regulations are hereby repealed, amended or modified accordingly.

following its publication in the Official Gazette or the BIR Official Websitc, whichever SECTION 5. EFFECTIVITY. - These Regulations shall take effect fifteen (15) days

comes first.

Secretgty of Finance CPHREETO FEB 2 6 202S

Recomnending Approval:

ROMEO .LUMAGSY JR. GBUEAUOF INTERNALREVENUE RECOROS MANAGEME WT SVISION 4 Wonissioner of Internal Revenue FEB 27 2025

ER V ADMIN UNIJ.:1 TMe C:t0pm

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