Bir Form 1702 Rt Version 2018 Excel Format Free [top]

Open the latest Offline eBIRForms Package, select Form 1702-RT v2018, and transfer your data.

Choose one method:

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

Computation of Net Operating Loss Carry-Over (NOLCO).

This is where the heavy lifting occurs. The schedules break down your financial statements into tax-reporting segments: Sales, Revenues, Receipts, or Fees. Schedule 2: Cost of Sales / Cost of Services. Schedule 3: Other Taxable Income Not Subject to Final Tax. Open the latest Offline eBIRForms Package, select Form

While the BIR does not provide a standalone official "Excel" template, it utilizes electronic systems that process data in .xlsx or .xls formats.

Specific sections for integrating the regular corporate income tax calculations. Many taxpayers still prefer the 2018 Excel version

If these work, the template is likely accurate.

and validate data before official submission. While the Bureau of Internal Revenue (BIR) provides the official Offline eBIRForms Package