REVENUE MEMORANDUM CIRCULAR NO. 122 – 2023 issued on December 1, 2023
announces the availability of the Offline Electronic Bureau of Internal Revenue Forms
(eBIRForms) Package Version 7.9.4.1, which is downloadable from the www.bir.gov.ph and
www.knowyourtaxes.ph/ebirforms.
The new Offline eBIRForms Package contains the following modifications:
A. Additional Alphanumeric Tax Codes (ATCs) in BIR Form No. 1702-RTv2018C, to wit:
| ATC | Description |
|---|---|
| IC 101 | Regional Operating Headquarters |
| IC 190 | Offshore Banking Units |
| IC 191 | Foreign Currency Deposit Units |
B. Updated 2023 Income Tax Rates on the following BIR Forms:
| BIR Form No. | Form Name |
|---|---|
| 1700v2018 |
Annual Income Tax Return For Individuals Earning Purely Compensation Income (Including Non Business/Non Profession Related Income) |
| 1701v2018 |
Annual Income Tax Return For Individuals (including MIXED Income Earner), Estates and Trusts |
|
1701A |
Annual Income Tax Return For Individuals Earning Income PURELY from Business / Profession (Those under the graduated Income Tax rates with OSD as mode of deduction OR those who opted to avail of the 8% flat Income Tax rate) |
C. Bug Fixes for BIR Form No. 1702-MXv2018C.