Acceptance of Manually Filed Quarterly Remittance Return of Final Income Taxes Withheld on Fringe Benefits Paid to Employees Other Than Rank and File (BIR Form No. 1603Q)

April 27, 2018 BANK BULLETIN NO. 08-18 TO : All Authorized Agent Banks SUBJECT : Acceptance of Manually Filed Quarterly Remittance Return of Final Income Taxes Withheld on Fringe Benefits Paid to Employees Other Than Rank and File (BIR Form No. 1603Q) It has come to the attention of this Office that there are certain branches of Authorized Agent Banks (AABs) which refuse to accept the Quarterly Remittance Return of Final Income Taxes Withheld on Fringe Benefits Paid to Employees Other Than Rank and File (BIR Form No. 1603Q) and payment of the corresponding tax on the ground of late filing and payment of the said tax, the penalties of which should first be computed by the concerned Revenue District Office. Please be informed that pursuant to the Tax Reform Acceleration and Inclusion (TRAIN) Law, the deadline for the filing of Quarterly Remittance Return of Final Income Taxes Withheld on Fringe Benefits Paid to Employees Other Than Rank and File (BIR Form No. 1603Q) for non-eFPS filers and eFPS filers has been changed from "on or before the 10th day of the month" and "on or before the 15th day of the month" respectively, to "last day of the month following the close of the quarter during which the withholding was made." In this connection, all AABs are hereby advised to accept the said tax return and the corresponding payment of the tax, without penalties, considering that the deadline will fall on April 30, 2018, Monday. For your guidance and strict compliance. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue