Extension on the Use of BIR Withholding Certificates/Forms — BIR Form Nos. 2306, 2307 and 2316 with Old Versions

November 26, 2019 REVENUE MEMORANDUM CIRCULAR NO. 126-19 SUBJECT : Extension on the Use of BIR Withholding Certificates/Forms BIR Form Nos. 2306, 2307 and 2316 with Old Versions TO : All Internal Revenue Officials, Employees and Others Concerned This Circular is hereby issued to address the concerns of taxpayers regarding the revised BIR Withholding Certificates/Forms circularized under Revenue Memorandum Circular Nos. 74-2019 and 100-2019 due to the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law, to wit: BIR Form No. Form Name/Description Old Version New Version 2306 Certificate of Final Tax Withheld at Source September 2005 (ENCS) January 2018 (ENCS) 2307 Certificate of Creditable Tax Withheld at Source September 2005 (ENCS) 2316 Certificate of Compensation Payment/Tax Withheld July 2008 (ENCS) It is observed that many withholding agents, particularly those who generate the BIR Withholding Certificates/Forms through their Computerized Accounting System (CAS), clamor that they be allowed to use the old versions of the said Certificates/Forms pending the required configuration of CAS to be undertaken in compliance with the existing revenue issuances. Hence, pending reconfiguration of CAS which shall not be beyond December 31, 2019, withholding agents shall be allowed to use and issue old versions of the abovementioned Certificates/Forms for all transactions covering the taxable year ending December 31, 2019. All concerned are hereby enjoined to give this Circular as wide a publicity as possible. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue