
Candidates need to pay BIR withholding tax
Candidates for this year’s elections, political parties and campaign contributors are required to pay the Bureau of Internal Revenue (BIR) withholding tax on campaign expenditures, a BIR press release said Thursday, March 31.They also need to issue official receipts and withhold taxes pursuant to Revenue Regulations (RR) No. 8-2009 as amended by RR No. 7-2011 and other related revenue issuances. The registration of political parties or party list groups shall be made with the Revenue District Office (RDO), the press release said.OIC-Revenue District Officer Richard R. Oquendo of the Revenue District 78 in Binalbagan, Negros Occidental, said Revenue Memorandum Circular (RMC) No. 22-2022 requires individual candidates to accomplish BIR Form 1901, and submit copies of their Certificat...









