What Is Bir Form 1702Q

BIR form 1702Q, or also known as Quarterly Income Tax Return (For Corporations and Partnerships) is a tax return intended for corporations, partnerships and non-individual taxpayers.

What is the purpose of BIR Form 1702Q?

What is BIR Form 1702Q. This form is also known as the Quarterly Income Tax Return for Corporations, Partnerships, and Other Non-Individual Taxpayers. This is the standard form used by non-individual taxpayers in the Philippines to file their quarterly income tax returns.

Who must file quarterly declaration of income?

– Except as otherwise provided in this Section, every individual subject to income tax under Sections 24 and 25(A) of this Title, who is receiving self-employment income, whether it constitutes the sole source of his income or in combination with salaries, wages, and other fixed or determinable income, shall make and …

Robert Thorne

Robert Thorne

Automotive & Future Transportation Editor

Robert Thorne covers electric vehicle innovations, autonomous driving systems, global mobility trends, and automotive engineering developments.

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