The BIR has issued a new RR amending the requirements for Top Withholding Agents.

Based on the new ruling, taxpayers with gross receipts/sales or gross purchases or claimed deductible itemized expenses of 12M  during the preceding year shall now be considered as Top Withholding Agents.

Click on the Revenue Regulation below for more information.

RR No 7-2019 – New inclusion in TWA