The is not an official filing tool, but it is an essential planning and computation resource for accountants, bookkeepers, and corporate finance officers. By building or downloading a secure, formula-driven Excel template, you can minimize errors, speed up reconciliation, and ensure a smooth transition to the official eBIRForms platform.
For corporations, partnerships, and other non-individual taxpayers in the Philippines, tax compliance is a non-negotiable annual ritual. One of the most critical forms in the corporate tax ecosystem is – the Annual Income Tax Return For Corporations, Partnerships and Other Non-Individual Taxpayers Subject Only to the Regular Income Tax (RCIT) Rate Under Sections 27(A) and 40(B)(1) of the Tax Code, as amended, and For Non-Resident Foreign Corporations Not Engaged in Trade or Business (NRFC-NETB) . bir form 1702 rt version 2018 excel format
| Line | Description | Amount | |------|-------------|--------| | 24 | Total tax due | =L18 | | 25 | Less: Total tax credits | =SUM(L20:L22) | | 26 | Net tax payable | =L24 - L25 | | 27 | Add: Penalties (Surcharge + Interest + Compromise) | [input] | | 28 | | =L26 + L27 | The is not an official filing tool, but
in Excel format, you should focus on replicating the specific fields and logical flow required for electronic filing (eFPS/eBIRForms). This form is used by corporations and partnerships subject to the regular income tax rate. Core Data Sections to Include 1702-RT - BIR One of the most critical forms in the
The version that remains a benchmark for many taxpayers today is the . With the rise of spreadsheet-based tax preparation, many finance professionals actively search for the BIR Form 1702 RT Version 2018 Excel format – a downloadable, editable spreadsheet that mimics the official return.
Assuming you want to create a simple section for employer information: