Revocation of BIR Ruling on Withholding Tax Basis

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BIR REVENUE MEMORANDUM CIRCULAR NO. 26-2009: Revocation of BIR Ruling on Withholding Tax Basis

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Title Supreme Court: Revocation of BIR Ruling on Withholding Tax Basis

Law: Bir Revenue Memorandum Circular No. 26-2009

Decision Date: May 11, 2009

The Bureau of Internal Revenue revokes the 2006 ruling that allowed Trendset Manpower Services to exclude certain amounts from gross receipts for computing the 2% creditable withholding tax, reaffirming that the basis for withholding tax must be the total gross income without qualifications.

revocation

cancellation

withholding tax

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