Filing Guidelines: Quarterly Income Tax Return for Corporation and Partnership

By: Pamela Ruth G. Calog, CPA

4 days ago

Who shall file?


This return is filed quarterly by every corporation, partnership, joint stock companies, joint accounts, associations (except foreign corporation not engaged in trade or business in the Philippines and joint venture or consortium formed for the purpose of undertaking construction projects or engaging in petroleum, coal, geothermal and other energy operations), government-owned or controlled corporations, agencies and instrumentalities.


What form shall be filed?


BIR Form No. 1702Q - Quarterly Income Tax Return (For Corporations and Partnerships)


Including the following documentary requirements:

  1. Certificate of Creditable Tax Withheld at Source (BIR Form No. 2307), if applicable

  2. Duly approved Tax Debit Memo, if applicable

  3. Previously filed return, if an amended return is filed for the same quarter


When to File?

The corporate quarterly income tax return shall be filed with or without payment within sixty (60) days following the close of each of the first three (3) quarters of the taxable year whether calendar or fiscal year.


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