New/Revised Withholding Tax Forms and the Corresponding Procedures for Updating the Limited Bank Data Entry System (LBDES)

May 3, 2018 BANK BULLETIN NO. 11-18 TO : All Authorized Agent Banks SUBJECT : New/Revised Withholding Tax Forms and the Corresponding Procedures for Updating the Limited Bank Data Entry System (LBDES) Pursuant to Republic Act (R.A.) No. 10963, otherwise known as the Tax Reform Acceleration and Inclusion (TRAIN) Law and as clarified in Revenue Regulations (RR) 11-2018, the following new/revised withholding tax forms have been prepared and modified: ETHIDa 1. BIR Form No. 0619 E Monthly Remittance Form of Creditable Income Taxes Withheld, (Expanded) 2. BIR Form No. 0619 F Monthly Remittance Form of Final Income Taxes Withheld Accordingly, all AABs are hereby advised to follow the procedures in Bank Bulletin No. 2018-01 for updating of the BIR Forms in the forms codes table under the Limited Data Bank Entry System (LBDES) as shown below: Form Code Form Description Tax Type Tax Type Description Frequency 0619 E Monthly Remittance Form of Creditable Income Taxes Withheld, (Expanded) WE Withholding Tax Expanded M 0619 F Monthly Remittance Form of Final Income Taxes Withheld WF Withholding Tax Final M For further queries on the above procedures, please contact Mr. Sean Neil S. Sabado of this Bureau's Systems Development Division (SDD) through telephone numbers 9251966 and 9817090 or email us at [emailprotected]. For your guidance and strict compliance. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue