Users will now see a banner in Fast File giving them the option to choose the total assets applicable to them (below or over 100M). After choosing the applicable option, changes to the tax rates will be automatically adjusted and calculated in the BIR 1702-Q Form. These changes are in line with the C.R.E.A.T.E. law Income tax rates provided in the regulation.
BIR Form 1702-Q in Fast File is now C.R.E.A.T.E. Ready!
Written by Maui BanagUpdated over a week ago