(To be filled up by the BIR)

DLN: PSOC: PSIC:

BIR Form No.
Republika ng Pilipinas Monthly Remittance Return
Kagawaran ng Pananalapi
Kawanihan ng Rentas Internas of Income Taxes Withheld 1601-C
on Compensation September 2001 (ENCS)

Fill in all applicable spaces. Mark all appropriate boxes with an “X”.
1 For the Month 2 Amended Return? 3 No. of Sheets Attached 4 Any Taxes Withheld?
(MM / YYYY)
Yes No Yes No
Part I Background Information
5 TIN 6 RDO Code 7 Line of Business/
Occupation
8 Withholding Agent's Name (Last Name, First Name, Middle Name for Individuals)/(Registered Name for Non-Individuals) 9 Telephone Number

10 Registered Address 11 Zip Code

12 Category of Withholding Agent 13 Are there payees availing of tax relief under Special law 14 A T C
or International Tax Treaty?
Private Government No If yes, specify WW 0 1 0
Yes
Part II Computation of Tax
Particulars Amount of Compensation Tax Due
15
15 Total Amount of Compensation
16
16 Less: Non Taxable Compensation
17
17 Taxable Compensation
18
18 Tax Required to be Withheld
19
19 Add/Less: Adjustment (from Item 25 of Section A)
20
20 Tax Required to be Withheld for Remittance
21
21 Less: Tax Remitted in Return Previously Filed, if this is an amended return
22
22 Tax Still Due/(Overremittance)
23 Add: Penalties
Surcharge Interest Compromise
23A 23B 23C 23D

24
24 Total Amount Still Due/(Overremittance)
Section A Adjustment of Taxes Withheld on Compensation For Previous Months
Previous Month(s) Date Paid Bank Validation/ Bank Code
(1) (2) ROR No. (4)
(MM/YYYY) (MM/DD/YYYY) (3)

Section A (continuation)
Tax Paid (Excluding Penalties) Should Be Tax Due Adjustment (7)
for the Month for the Month From Current Year From Year - End Adjustment of the
(5) (6) (7a) Immediately Preceeding Year (7b)

25 Total (7a plus 7b) (To Item 19)

I declare, under the penalties of perjury, that this return has been made in good faith, verified by me, and to the best of my knowledge and belief,
is true and correct, pursuant to the provisions of the National Internal Revenue Code, as amended, and the regulations issued under authority thereof.
26 27
Signature over Printed Name of Taxpayer/ Title/Position of Signatory
Taxpayer Authorized Representative

T I N of Tax Agent (if applicable) Tax Agent Accreditation No.(if applicable)

Part III Details of Payment Stamp of Receiving
Drawee Bank/ Date Office and Date of
Particulars Agency Number MM DD YYYY Amount Receipt
28 Cash/Bank 28
Debit Memo
29 Check 29A 29B 29C 29D

30 Others 30A 30B 30C 30D

Machine Validation/Revenue Official Receipt Details (If not filed with the bank)
 BIR Form No. 1601-C Monthly Remittance Return of Income Taxes Withheld on Compensation
Guidelines and Instructions

Who Shall File

This return shall be filed in triplicate by every withholding agent

(WA)/payor who is either an individual or non-individual, required to deduct
and withhold taxes on compensation paid to employees. If the Government of Violation of Withholding Tax Provisions
the Philippines or any political subdivision agency or instrumentality thereof,
as well as a government-owned or controlled corporation, is the employer, the Any person required to withhold, account for, and remit any tax imposed
return may be made by the officer or employee having control of payment of by the National Internal Revenue Code or who willfully fails to withhold such
compensation/other income payment or other officer or employee tax, or account for and remit such tax, or aids or abets in any manner to evade
appropriately designated for the purpose. any such tax or the payment thereof, shall, in addition to other penalties
If the person required to withhold and pay the tax is a corporation, the provided for under this Law, be liable upon conviction to a penalty equal to the
return shall be made in the name of the corporation and shall be signed and total amount of the tax not withheld, or not accounted for and remitted.
verified by the president, vice-president, or any authorized officer and
countersigned by the treasurer or assistant treasurer. Any employer/withholding agent who fails or refuses to refund excess
With respect to a fiduciary, the return shall be made in the name of the withholding tax shall, in addition to the penalties provided in the other
individual, estate or trust for which such fiduciary acts and shall be signed and provisions of the National Internal Revenue Code, be liable to a penalty equal
verified by such fiduciary. In case of two or more joint fiduciaries, the return to the total amount of refunds which was not refunded to the employees
shall be signed and verified by one of such fiduciaries. resulting from any excess of the amount withheld over the tax actually due on
their return.
When and Where to File and Remit
Any person required under the National Internal Revenue Code or by
The return shall be filed and the tax paid on or before the tenth (10th) day rules and regulations promulgated thereunder to pay any tax, make a return,
of the month following the month in which withholding was made except for keep any record, or supply correct and accurate information, who willfully
taxes withheld for December which shall be filed/paid on or before January 15 fails to pay such tax, make such return, keep such record, or supply such
of the succeeding year. correct and accurate information, or withhold or remit taxes withheld, or
Provided, however, with respect to non-large and large taxpayers who refund excess taxes withheld on compensation, at the time or times required by
availed of the EFPS (Electronic Filing and Payment System), the deadline for law or rules and regulations shall, in addition to the other penalties provided by
electronically filing the return and paying the taxes due thereon via EFPS shall law, upon conviction thereof, be punished by a fine of not less than ten
be five (5) days later than the deadline set above. thousand pesos (P= 10,000.00) and suffer imprisonment of not less than one (1)
The return shall be filed and the tax paid with the Authorized Agent year but not more than ten (10) years.
Bank (AAB) of the Revenue District Office having jurisdiction over the
withholding agent's place of business/office. In places where there are no Every officer or employee of the Government of the Republic of the
Authorized Agent Banks, the return shall be filed and the tax paid with the Philippines or any of its agencies and instrumentalities, its political
Revenue Collection Officer or the duly Authorized City or Municipal subdivisions, as well as government-owned or controlled corporations,
Treasurer within the Revenue District where the withholding agent's place of including the Bangko Sentral ng Pilipinas, who, under the provisions of the
business/office is located, who will issue a Revenue Official Receipt Code, as amended, or regulations promulgated thereunder, is charged with the
(BIR Form No.2524) therefor. duty to deduct and withhold any internal revenue tax and to remit the same in
accordance with the provisions of the Tax Code, as amended, and other laws is
Where the return is filed with an AAB, the lower portion of the return guilty of any offense herein below specified shall, upon conviction of each act
must be properly machine-validated and duly stamped by the Authorized or omission, be fined in a sum not less than five thousand pesos
Agent Bank to serve as the receipt of payment. The machine validation shall (P
= 5,000) but not more than fifty thousand pesos (P= 50,000) or imprisoned for
reflect the date of payment, amount paid and transaction code, and the stamped a term of not less than six (6) months and one day but not more than two (2)
mark shall show the name of the bank, branch code, teller's code and teller's years, or both:
initial. The AAB shall also issue an official receipt or bank debit advice or
credit document, whichever is applicable, as additional proof of payment. a) Those who fail or cause the failure to deduct and withhold
any internal revenue tax under any of the withholding tax
A taxpayer may file a separate return for the head office and for each laws and implementing regulations;
branch or place of business/office or a consolidated return for the head office b) Those who fail or cause the failure to remit taxes deducted
and all the branches/offices except in the case of large taxpayers where only and withheld within the time prescribed by law, and
one consolidated return is required. implementing regulations; and
c) Those who fail or cause the failure to file a return or statement
Penalties within the time prescribed, or render or furnish a false or
fraudulent return or statement required under the withholding
There shall be imposed and collected as part of the tax: tax laws and regulations.

1. A surcharge of twenty five percent (25%) for each of the following If the withholding agent is the Government or any of its agencies,
violations: political subdivisions or instrumentalities, or a government-owned or
controlled corporation, the employee thereof responsible for the withholding
a. Failure to file any return and pay the amount of tax or and remittance of tax shall be personally liable for the additions to the tax
installment due on or before the due date; prescribed by the National Internal Revenue Code.
b. Unless otherwise authorized by the Commissioner, filing a
return with a person or office other than those with whom it Note: All background information must be properly filled up.
is required to be filed;
c. Failure to pay the full or part of the amount of tax shown on
the return, or the full amount of tax due for which no return ! All returns filed by an accredited tax representative on behalf of a
is required to be filed on or before the due date; taxpayer shall bear the following information:
d. Failure to pay the deficiency tax within the time prescribed
for its payment in the notice of assessment. A. For CPAs and others (individual practitioners and members
of GPPs);
2. A surcharge of fifty percent (50%) of the tax or of the deficiency tax, in a.1 Taxpayer Identification Number (TIN); and
case any payment has been made on the basis of such return before the a.2 Certificate of Accreditation Number, Date of Issuance,
discovery of the falsity or fraud, for each of the following violations: and Date of Expiry.

a. Willful neglect to file the return within the period prescribed B. For members of the Philippine Bar (individual practitioners,
by the Code or by rules and regulations; or members of GPPs):
b. In case a false or fraudulent return is willfully made. b.1 Taxpayer Identification Number (TIN); and
b.2 Attorney’s Roll Number or Accreditation Number, if
3. Interest at the rate of twenty percent (20%) per annum, or such higher any.
rate as may be prescribed by rules and regulations, on any unpaid
amount of tax, from the date prescribed for the payment until the ! Box No. 1 refers to transaction period and not the date of
amount is fully paid. filing this return.
4. Compromise penalty. ! The last 3 digits of the 12-digit TIN refers to the branch code.
! TIN = Taxpayer Identification Number

ENCS