This Revenue Regulation implements Sec 22, 34, 51(A) (2)(e), 51(D), 56(A)(1), 58(A), 58(C), 58(E), 77, 81,90,91,103,114,128,200 and 248 of the Tax Code of 1997, as amended by Republic Act No. 11976 (Ease of Paying Taxes [EOPT] Act) on the filing of tax returns and payment of taxes and other matters affecting the declaration of taxable income. The filing of tax returns shall be done electronically – on any of the available electronic platforms. However, in case of unavailability of the electronic platforms, manual filing of tax returns may be allowed. The civil penalty of 25% of the amount due in case of filing a return with an internal revenue officer other than those with whom the return is required to be filed, shall no longer be imposed. Section 9 of Revenue Regulations (RR) No. 8-2018 on individuals not required to file Income Tax Return is amended.

Upon the effectivity of the EOPT, Section 2.58.5 of RR No. 2-98, as amended, on “Additional Requirements of Deductibility of Certain Income Payments” is repealed: Provided, however, that the obligation to withhold tax on certain income payments and remit the same remains.

Section 2.557.4 of RR No. 2-98, amended, on Withholding Tax at source is amended.

Income upon which anu creditable tax is required to be withheld at source shall be included in the return of its recipient but the excess of the amount of tax so withheld over the tax due on his return shall be refunded subject to the provision of Section 204 of the Tax Code.