RMC 105-2017 : Revised Withholding Tax on Compensation (TRAIN Law)

Revenue Memorandum Circular No. 105-2017 issued on December 29, 2017 prescribes the Revised Withholding Tax Table on Compensation pursuant to the amendments to the National Internal Revenue Code of 1997 introduced by Republic Act No. 10963 otherwise known as the “Tax Reform for Acceleration and Inclusion (TRAIN) Law”

Beginning January 01, 2018 until December 31, 2022, every employer making compensation payments to their respective employees shall deduct and withhold from such compensation a tax determined in accordance with the revised Withholding Tax Table:

Here is the copy of the signed memorandum: