Bir Form 1702 Rt Version 2018 Excel Format !!top!! Free ◆ <INSTANT>
This version was specifically updated to align with the Tax Reform for Acceleration and Inclusion (TRAIN) Law . While called "v2018", this form was the standard for filing Annual Income Tax Returns for taxable years 2018, 2019, and 2020.
Always double-check that the Excel template uses the January 2018 version and is updated to reflect the current corporate income tax rates under the CREATE Law. Key Components of BIR Form 1702-RT
The Bureau of Internal Revenue (BIR) typically provides the official, fillable versions through its offline eBIRForms package or the eFPS website. For those specifically seeking an Excel or editable version for draft preparation, the following sources offer downloadable templates:
Itemized Deductions [Section 34. Optional Standard Deduction (OSD) – 40% of Gross Income. Bureau of Internal Revenue BIR Form 1702-RT - eFPS bir form 1702 rt version 2018 excel format free
Download files strictly in .xlsx format. Avoid .xlsm (Macro-Enabled) files from unverified online sources, as malicious VBA macros can act as security exploits or compromise corporate financial data.
The form consists of several sections that need careful attention:
While the BIR does not typically provide native Excel templates for direct filing, you can find the authorized electronic version and third-party editable formats through these sources: Official eBIRForms Package This version was specifically updated to align with
While the BIR does not provide a standalone official "Excel" template, it utilizes electronic systems that process data in .xlsx or .xls formats.
BIR Form 1702-RT is used by taxpayers who are under the Regular Income Tax Rate (commonly 25% or 30%, depending on the taxable year and regulations) under the National Internal Revenue Code (NIRC), as amended. It covers:
This section captures basic organizational data. Accuracy here is vital, as typos can cause systemic payment matching errors. Taxpayer Identification Number () and Branch Code Registered Name and Address Line of Business and ATC (Alphanumeric Tax Code) Part II: Computation of Tax The core summary page where final figures converge. Sales/Revenues/Receipts/Fees Less: Cost of Sales/Services Gross Income from Operation Key Components of BIR Form 1702-RT The Bureau
The 2018 version of Form 1702-RT reflects modern structural changes in Philippine tax reporting, expanding into detailed schedules. Understanding its architecture is essential for building or filling out an Excel template: Part I: Background Information
Has your company transitioned to the updated corporate tax rates under the ?
Remember: the form is free. Do not pay for it. And when in doubt, consult your RDO or a CPA. Happy (and compliant) filing!
To ensure compliance, you should only use official, secure sources to obtain the latest version of the form. Here are the primary ways to get BIR Form 1702-RT for free:
For compliance purposes, the most reliable and free method to access the 2018 version of BIR Form 1702-RT in a digital format is by using the .
