Bir Form 1702 Rt Version 2018 Excel Format Free Work
The BIR Form 1702-RT (version 2018) is the Annual Income Tax Return used by corporations, partnerships, and other non-individual taxpayers in the Philippines that are subject only to the Regular Income Tax Rate . While the official digital filing method is through the eBIRForms package or eFPS, many taxpayers use Excel-based templates for draft computations and easier data management . 1. Purpose and Scope of BIR Form 1702-RT
Important Note: While the CREATE Act (Republic Act No. 11534) reduced the RCIT rate to 25% (or 20% for certain entities) effective July 2020, the format of BIR Form 1702 RT (Version 2018) is still widely used as the basis for tax filing, with adjustments for the new rates often handled via attachments or online systems. Many taxpayers still prefer the 2018 Excel version for record-keeping and manual calculation. bir form 1702 rt version 2018 excel format free
: For taxpayers mandated to use the Electronic Filing and Payment System, the 2018 version (v2018_01) is accessible directly within the eFPS online portal Third-Party Excel/Editable Formats : Platforms like The BIR Form 1702-RT (version 2018) is the
Part 2: Why Are People Searching for the "Excel Format Free" Version?
The official BIR website provides PDF versions of forms, but these are not always easy to compute with, especially for accountants who need automated sum formulas, conditional formatting, and error checking. The Excel format offers several advantages: Purpose and Scope of BIR Form 1702-RT Important