Submit the printed tax return, financial statements, and BIR Form 2307s to your RDO. Final Thoughts
On or before the 15th day of the 4th month following the close of the taxpayer’s taxable year. Why Use an Excel Format for BIR Form 1702-RT?
The term "Excel format" usually refers to a few different things:
A standard, functional Excel template of Form 1702-RT is divided into several sections across multiple sheets or tabbed interfaces to mirror the official BIR layout. Understanding these sections ensures proper data mapping. Part I: Background Information
Review the for any tax rate changes specific to your year of filing. bir form 1702 rt version 2018 excel format free
This form is strictly for non-individual taxpayers who earn income taxable under the regular corporate income tax (RCIT) rate. This includes: Domestic corporations earning purely regular income.
The Bureau of Internal Revenue introduced the "January 2018 (ENCS)" version to align with major Philippine tax changes. Later modified into , this specific iteration handles tax calculations manually because standard automated rates were adjusted to accommodate shifting corporate tax policies. Who Must Use Form 1702-RT?
BIR forms, including Form 1702 RT, are typically available on the official BIR website or through BIR offices. Taxpayers can also use tax software or templates provided by accounting professionals or software solutions tailored for Philippine taxation.
If you specifically need a fillable or printable version for drafting purposes: Submit the printed tax return, financial statements, and
Finding a reliable, free Excel version of the 1702-RT (v2018) is essential for accuracy. You can often find templates shared by professional accounting communities or download them from reputable tax resources:
Gross Income (Ordinary and those subject to regular rates).
Space to record bank validation, tax debit memos, or check numbers upon payment.
engaged in trade or business (excluding General Professional Partnerships). Estates and Trusts engaged in commercial activities. The term "Excel format" usually refers to a
Companies paying the standard income tax rate (currently 25% under CREATE Law, or previous rates for older taxable years).
Less: OR Optional Standard Deduction (OSD) Net Taxable Income
BIR Form 1702-RT Version 2018: Free Excel Format & Filing Guide